Author(s): George Aning
ABSTRACT Innovation has long been recognized as a cornerstone of economic growth. From the steam engine to the smartphone, disruptive technologies have reshaped industries, created new markets, and redefined consumer behavior. In today’s fast-paced global economy, the economics of innovation is not just about invention—it’s about transformation. Disruption, in this context, serves as both a catalyst and a consequence of innovation, driving productivity, competitiveness, and long-term economic expansion.