Economics

Platform

environment in which a piece of software can be executed.โ€‹

  • without a platform, solving a new problem requires new hardware.
  • with a platform, a new problem only requires new softwareโ€‹
  • high start-up cost, new hardware is expensive
  • later on, new software is inexpensive

Product

an object or system made available for consumer use.โ€‹

  • anything that can be offered to a market to satisfy the desire or need of a customerโ€‹
  • if you want to influence the world at scale, a product might be a good vehicleโ€‹

Venture capital checklist

  • software is good | hardware is bad
  • vertical market good | horizontal market bad
  • big market good | small market bad
  • rich customers good | poor customers bad
  • B2Business good | B2Customer bad

Design

Haptics

Using forces to give a real-world feeling to mechanical / electrical objects.

Industrial engineer

an engineering professional that is concerned with the optimization of complex processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, knowledge, information and equipment. Industrial engineering is central to manufacturing operations.

  • might work on DFMA (interdisciplinarity)

Others

Soldering paste (aka flux)

chemical that promotes better wetting of the solderโ€‹ by removing oxides from the metal