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What Economists Get Wrong About Measuring Productivity

Harvard Business Review

productivity growth – or the lack thereof. The 3+%/year labor productivity growth rates of the 1950s and 1960s slowed to under 2% in the 1970s and then to 1.5% But just as the economists and IT enthusiasts were completing their victory lap, productivity growth headed into the doldrums for a decade — growing at an anemic 1.4%/year

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There Will Be Oil, But At What Price?

Harvard Business Review

Daniel Yergin's typically sunny outlook on oil in his recent Wall Street Journal piece, " There Will Be Oil ," suggested that technology and new energy discoveries would avert any of the economic disasters portended by peak oil. On the plateau of oil supply, prices are trapped on a narrow ledge. And that ledge is getting narrower.

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How Mobile Technologies Are Shaping a New Generation

Harvard Business Review

Technology, of course, has also been a powerful influence on the Re-Generation, so much so that Bill Gates proposed that we call this next wave Generation I, for Internet. This is the generation of mobile technology, wireless communication, and clouds of constant content. Mobile technology. Cloud Computing. hours a day.

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IT on Steroids: The Benefits (and Risks) of Accelerating Technology

Harvard Business Review

By 2004, RIM had acquired 1 million subscribers and only three years later surpassed the 10 million mark. Most CIOs will benefit from this trend through increased competition, better prices, and quicker provisioning. IT management Information & technology Technology' In 1998, RIM launched the BlackBerry.

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What Chinese Companies Want from International Deals

Harvard Business Review

This acquisition was motivated by China’s increased demand for pork and Smithfield’s reputation for high-quality, safe products (especially important given recent food scares related to sick hogs and bird flu). Buying Smithfield allowed Shineway to sell pork in the Chinese market at a premium price. Technology.

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Frugal Innovation: Lessons from Carlos Ghosn, CEO, Renault-Nissan

Harvard Business Review

CEOs of these firms can emulate four best practices initiated by Carlos Ghosn at Renault-Nissan: 1) Create " good enough " products that deliver high value for money: Over-engineering products is no longer sustainable — both for economical and environmental reasons. Yet engineers and scientists love challenges. And they did it.

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How Chinese Subsidies Changed the World

Harvard Business Review

A surge in exports of Chinese panels depressed world prices by 75%. In 2000, labor-intensive products constituted 37% of all Chinese exports; by 2010, this fell to 14%. In parallel, from 2004 to 2011, U.S. imports of technologically-advanced products from China grew by 16.5% percent annually, while similar U.S.

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