Introduction

Chander Velu (), Keith Norman (), Yuzhen Zhu (), Fathiro Hutama Reksa Putra () and Christopher Noble ()
Additional contact information
Chander Velu: University of Cambridge, Institute for Manufacturing, Department for Engineering
Keith Norman: University of Oxford, Department of Physics
Yuzhen Zhu: University of East Anglia, Norwich Business School
Fathiro Hutama Reksa Putra: Bandung Institute of Technology
Christopher Noble: University of Oxford, Department of Physics

Chapter Chapter 1 in The Business of Quantum Technologies, 2025, pp 1-31 from Springer

Abstract: Abstract This chapter provides an overview of the science of quantum mechanics and its potential business applications. It discusses the UK National Quantum Technologies Programme and other national initiatives to develop and adopt quantum technologies. The chapter discusses some basic principles of quantum mechanics, and why they could lead to economic and societal benefits, the chapter introduces an analytical framework for understanding business model innovation and explores key issues from a business and economic research perspective. Itoutlinesanumberofhistoricalcasestudiesofmajortechnologicaltransitions to provide the analytical lens for understanding the socio-technical and economic aspects of adopting quantum technologies on industry and society.

Keywords: Quantum mechanics; Quantum industry; National quantum programs; Business model innovation; Economic benefits; Societal benefits; Socio-Technical transition; Multi-level perspective (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/978-3-031-99808-9_1

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