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Institutions Are Key To Successful Entrepreneurship

The Horizons Tracker

Each year INSEAD and WIPO team up to produce the Global Innovation Index , which aims to rank nations according to their innovative capacity and outputs. At the heart of the rankings are various institutions and institutional factors that the researchers believe underpin good innovation. Rules of the game. Data colonies.

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How ‘Swing Voters’ Influence Group Decision Making

The Horizons Tracker

“These systems go beyond voting, and include social media (like Twitter), biology (like the statistics of neurons), or finance (like fluctuations of the stock market).” . “We propose a generalizable approach for identifying pivotal components across a wide variety of systems,” the researchers say.

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Trent Henry on Building Tomorrow’s Leaders

HR Digest

In an exclusive interview with HR Digest, Trent Henry, EY’s Chief Human Resources Officer (CHRO), shares key strategies driving EY’s commitment to diversity, innovation, employee well-being, and leadership development. EY is known for its focus on innovation.

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Are CEOs Really Necessary Anymore?

Strategy Driven

With increasingly vast bodies of knowledge about experiences, one can see how business Intelligence, with enough computing power, became Artificial Intelligence. As futurist Ray Kurzweil observed in 2005, in the near future, machine intelligence is going to exceed human intelligence. CEO’s Role- Wisdom and Innovation.

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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

Innovation is widely regarded as important to long-term business performance. We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D.

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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

While there are numerous factors in such a massive shift away from business formation, one of the most powerful has to be the consolidation of multiple economic sectors toward a handful of firms with hegemonic power over their industry. This paper by the Richmond Fed shows how from 1960 to 2005, the U.S.

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

These innovative players, such as OnDeck, Funding Circle, and Fundera are disrupting the market by using technology to solve problems that have made small business lending costly for traditional banks. After all, isn’t the customer’s voice relevant if you are going to finance a plumber or restaurant? There is reason for optimism.