Found 310 article(s) in category 'Innovation'

Green Industrial Policy: Accelerating Structural Change towards Wealthy Green Economies

Green Industrial Policy: Accelerating Structural Change towards Wealthy Green Economies. Dani Rodrik, 2017, Paper, “There are two major reasons for governments and societies to accelerate structural change in their economies and proactively shape its direction. First, there is the challenge of creating wealth. Structural change, that is, the reallocation of capital and labour from low- to high-productivity activities, is a key driver of productivity growth and higher incomes. This is particularly important for developing countries where incomes are low and poverty is pervasive. According to the latest available estimates, 767 million people lived on less than $1.90 a day, and 1.9 billion people in the developing world still had less than US $ 3.10 a day in 20131 – a clear indication that the current structural composition of national economies does not provide a sufficient number of productive jobs.Link

Tags: , , , , , ,

Should You Agitate, Innovate, or Orchestrate?

Should You Agitate, Innovate, or Orchestrate? Julie Battilana, September 18, 2017, Opinion, “When Marie Trellu-Kane observed increased fragmentation across social and economic lines in France, and increasing youth unemployment, she could not help but respond. In 1994, along with Lisbeth Shepherd and Anne-Claire Pache, she cofounded Unis-Cité, a nonprofit that launched France’s first youth service program, modeled after City Year in the United States. Still the president of Unis-Cité in 2017, Trellu-Kane recalled, “We were 23 [years old] at the time, so we created the organization that we wished would have existed to satisfy our own desires to act on the problems of exclusion and inequality.Link

Tags: , , ,

Why Competiition in the Politics Industry is Failing America

Why Competiition in the Politics Industry is Failing America. Michael Porter, September 2017, Book, “Many Americans are disgusted and concerned about the dysfunction and abysmal results from Washington, D.C., and so are we. However, this paper is not about adding to the depressing national dialog about politics, but about how to change the system by taking action that will work.Link

Tags: , , , , ,

Managing Our Hub Economy

Managing Our Hub Economy. Marco Iansiti, Karim Lakhani, September/October 2017, Opinion, “The global economy is coalescing around a few digital superpowers. We see unmistakable evidence that a winner-take-all world is emerging in which a small number of “hub firms”—including Alibaba, Alphabet/Google, Amazon, Apple, Baidu, Facebook, Microsoft, and Tencent—occupy central positions. While creating real value for users, these companies are also capturing a disproportionate and expanding share of the value, and that’s shaping our collective economic future. The very same technologies that promised to democratize business are now threatening to make it more monopolistic.Link

Tags: , , , , , ,

Investors as Stewards of the Commons?

Investors as Stewards of the Commons? George Serafeim, August 8, 2017, Paper, “Over the past few years, there has been a significant increase in the number of initiatives seeking to mobilize investor voice towards positive social impact. In this paper, I provide a framework outlining the role of investors as stewards of the commons. While companies are increasingly addressing environmental and social issues that also improve their economic value, for some of these issues individual company action is costly. At the same time, for a further subset of those issues, company action coupled with collaboration between companies is value enhancing. However, collaboration between companies is notoriously difficult and fragile requiring commitment mechanisms.Link

Tags: , , , , , , ,

Walmart Tries to Make Better Savers out of the Unbanked

Walmart Tries to Make Better Savers out of the Unbanked. Brigitte Madrian, July 7, 2017, Audio, “Jamie Aronton doesn’t have a bank account. Instead, she uses Money Mart, a check cashing spot in Pittsburgh, to direct deposit her salary onto prepaid debit cards. She makes $12-an-hour in a housekeeping job and said that by the time her deposits come through her cards are pretty tapped out.Link

Tags: , , ,

Can Innovation Save Us From Ourselves?

Can Innovation Save Us From Ourselves? James Heskett, July 5, 2017, Opinion, “Every year about this time McKinsey Quarterly publishes a list of books being read by select CEOs. If a book comes up frequently on the list, it may serve as the subject of this column—last year, Joshua Cooper Ramo’s book The Seventh Sense was the centerpiece of the August column. While we can’t assume that CEOs endorse what they read, it’s nevertheless interesting to know what they are thinking about.Link

Tags: , , , , ,

Panacea or diagnosis? Imaginaries of innovation and the ‘MIT model’ in three political cultures

Panacea or diagnosis? Imaginaries of innovation and the ‘MIT model’ in three political cultures. Sheila Jasanoff, June 1, 2017, Paper, “Innovation studies continue to struggle with an apparent disconnect between innovation’s supposedly universal dynamics and a sense that policy frameworks and associated instruments of innovation are often ineffectual or even harmful when transported across regions or countries. Using a cross-country comparative analysis of three implementations of the ‘MIT model’ of innovation in the UK, Portugal and Singapore, we show how key features in the design, implementation and performance of the model cannot be explained as mere variations on an identical solution to the same underlying problem.Link

Tags: , ,