The Business of Quantum Technologies

"This thoughtful, well researched and comprehensively referenced volume on quantum technologies provides an introduction to this mathematically complex subject via the extensive use of business cases and examples of global research collaborations. A 'must-read' for policy makers and practitioners alike." --Sir Peter Williams, Former Chairman Oxford Instruments and National Physical Laboratory, UK Quantum technologies (QT) are rapidly advancing from scientific propositions to commercial realities. QT leverage quantum mechanics, the physics of sub-atomic particles, to deliver functionalities and performance that are otherwise impossible to obtain. QT have already transformed our daily life but the next generation goes further by manipulating previously unexploited quantum phenomena to enable a wide range of new applications, which will have a transformative effect on production, business ecosystems and the innovation strategy of the coming decades. This open access book aims to provide the conceptual frameworks to better understand the economic and managerial implications of this dawning phenomenon. Chapters include discussions of quantum computers, quantum communications, and sensing, imaging and timing technologies, providing succinct descriptions of the technology and theory and devoting analysis to the expected business and organisational impact of these breakthroughs. Also exploring strategy and innovation management, sustainability potential and ethics, it will be of great interest to scholars of innovation, strategy and entrepreneurship, as well as practitioners and policymakers looking to better understand the future of business. Chander Velu is Professor of Innovation and Economics at the Institute for Manufacturing (IfM), the Department of Engineering, University of Cambridge, UK. Keith Norman works in Engagement at the QCi3 Hub, University of Oxford, UK. Yuzhen Zhu is a Lecturer/Assistant Professor in Digital Business and Information Systems at Norwich Business School, University of East Anglia, UK. Fathiro Hutama Reksa Putra is a Lecturer in the Industrial Engineering and Engineering Management Department at Bandung Institute of Technology (ITB), Indonesia. Christopher Noble is Co-Director for Engagement at the QCi3 Hub, University of Oxford, UK.