Drones are going to change the economics of farming. They are also going to greatly help in enabling the feeding of the 2.2 billion more people coming to the dinner table over the next 30 some years
As a general rule, the most successful man in life is the man who has the best information
Economist Joseph Schumpeter introduced innovation economics in his 1942 book Capitalism, Socialism and Democracy. Schumpeter said that industries must incessantly revolutionize the economic structure from within by innovating with better or more effective processes and products.
We can define, or limit the term "innovation" to a product, or process that’s original, that’s more effective, and as a new application better meets new requirements or existing market needs.
