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3 Entrepreneurs Who Made It Their Mission to Lower Health Care Costs

Harvard Business Review

which cries out for breakthrough healthcare delivery innovations that aim at significant cost reductions and wider coverage. trillion, or almost 18% of its GDP , on health care — that’s $10,000 per person, twice as much as any other country in the industrialized world. costs quite dramatically over the next decade.

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Is the Cost of Innovation Falling?

Harvard Business Review

The answer to that question has dramatic consequences for low-GDP countries and small businesses everywhere. If the cost of innovation is falling, that should enable more of it from poorer countries, companies or cooperatives. Those who say the cost is dropping often point to the dramatically falling costs of computing power.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

They also reported an average $340 per week cost to send a child to a daycare facility. The report also indicated that employers with children who are three and below can cost employers $1,150 per year as a result of inadequate child care, and a total business loss of $12.7 billion across companies.

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How GE and IBM are Playing Global Development to Win

Harvard Business Review

Most big corporations follow global development trends. That is the reactive approach to economic development. CEOs are proactively engaging with emerging market government to spur economic development and create opportunities for their companies. They are playing development to win. That is playing development to win.

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Democracy's Debt Dilemma

Harvard Business Review

And at that time, the United States had a public debt/GDP ratio of around 65% — a number that has since passed 100%. According to The Economist , the world's governments currently hold debts of approximately $45 trillion (relative to a world GDP of $65 trillion ). Nearly every major democracy is now struggling with public debt.

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The Case for Investing More in People

Harvard Business Review

Productivity in most developed economies has been anemic. In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. One step in reversing this trend is to start treating hours like dollars, with a real opportunity cost.

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The Case for Innovation in Health Care

Harvard Business Review

Editor's note: This post is part of a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. Provide financial security against the costs of ill-health. US health care costs are currently 17% of GDP ($2.5