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If Greece Embraces Uncertainty, Innovation Will Follow

Harvard Business Review

Many politicians and commentators mention two critical factors in accomplishing this: increasing innovative capacity and reducing bureaucracy. Second, bureaucracy, laws, and rules exert particular influence in Greece because they help make life more structured and less uncertain. But Greece cannot stop there.

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Excess Management Is Costing the U.S. $3 Trillion Per Year

Harvard Business Review

Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation. By our reckoning, the cost of excess bureaucracy in the U.S. economy amounts to more than $3 trillion in lost economic output, or about 17% of GDP. Here’s the arithmetic.

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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

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. Others reward easy-to-measure improvements in existing processes over less-easily-quantified innovations.

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Big-Project Engineers Have to Deal with Too Much Red Tape

Harvard Business Review

Innovation in Cities. An estimated $12 trillion a year , approximately 16% of global GDP , is spent on capital projects globally. Project engineers possess a wealth of good ideas and creative solutions, but too often these ideas are just not able to carry the day inside the bureaucracy of large capital projects. Insight Center.

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Innovating Your Way Out Of The Resource Curse

The Horizons Tracker

Indeed, it’s GDP per capita of $72,700 marks it out as one of the wealthiest nations on earth. . Qatar have attempted to overcome this via the creation of the Qatar Foundation in 1995, which aimed to unlock the human potential of the nation via education, innovation and entrepreneurship. Core sectors.