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Why Germany Dominates the U.S. in Innovation

Harvard Business Review

has the world’s most sophisticated system of financing radical ideas, and the results have been impressive, from Google to Facebook to Twitter. What’s more important, Germany is better at adapting inventions to industry and spreading them throughout the business sector. True, Americans do well at inventing. In the U.S.,

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Why Labor Protests in France Won’t Stop Macron’s Reforms

Harvard Business Review

GDP grew by 1.9% last year, unemployment is slowly decreasing , and public finances are improving faster than anticipated. In other words, though they don’t have many members, the deals they make apply to every worker in the industry. Not surprisingly, Macron has put labor relations at the center of his reform efforts.

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The Irish Banking Crisis: A Parable

Harvard Business Review

He also founded Bubblegeneration, an agenda-setting advisory boutique that shaped strategies across media and consumer industries. Though the money supply did contract sharply, neither trade, commerce, nor industry came to a grinding halt. Imagine all the veins in your body suddenly shrinking and collapsing — Avada Kedavra!!

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 times global GDP) to more than $600 trillion (9.5 times global GDP). Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP.

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How China’s Government Helps — and Hinders — Innovation

Harvard Business Review

Total investment in R&D (as a proportion of GDP) grew from 0.9% Globally, these are industries where the state is often the sole or dominant customer. Thus, technological innovation in these sectors tends to be financed by the government and carried out within government or quasi-government laboratories. in 2000 to 2.0%

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Interview with Sramana Mitra on 1M/1M Program

Rajesh Setty

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. Meanwhile, in January 2010 my New Year’s resolution was published.

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. of GDP, compares poorly with that of the U.S. How has Europe dealt with the situation? billion).

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