Remove GAAP Remove Goal Remove Innovation Remove Products
article thumbnail

On Creative Accounting: Two Creativity Myths

Harvard Business Review

Wall Street's " financial innovations " of recent years seem to have given creativity a bad name. An idea, behavior, or product is creative if it is both novel and appropriate to some goal. And it quite effectively served its murderous goal. Second, that certain arenas of human activity are off-limits to creativity.

article thumbnail

The Dangers of Digital Protectionism

Harvard Business Review

These include access to digital goods and services, being part of global supply chains, accelerating and partaking in the fruits of innovation, and helping citizens access information, entertainment, and connectivity on a worldwide basis. follows Generally Accepted Accounting Principles (GAAP), developed through a rules-based approach.