Business Operations


From “Where Good Ideas Come From: The Natural History of Innovation” by Steven Johnson Scholars, amateur scientists, aspiring men of letters – just about anyone with intellectual ambition in the seventeenth and eighteenth centuries was likely to keep a commonplace book. The great minds of the period – Milton, Bacon, Locke – were zealous believers

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Mature Industries

From “Innovation and Entrepreneurship” by Peter F. Drucker The industries that fueled the long economic expansion after World War II – automobiles, steel, rubber, electrical apparatus, consumer electronics, telephone, but also petroleum – perfectly fit the Kondratieff cycle. Technologically, all of them go back to the fourth quarter of the nineteenth century or, at the

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