Harvard Business Review

MARCH 13, 2015

This helps to explain why Greece has one of the lowest license and patent revenues from abroad as a percentage of its GDP, as well as one of the lowest contributions from high-tech product exports to its trade balance. This suggests that in addition to short-term policy changes, Greece needs a longer-term cultural shift.

Uncertainty 8

Uncertainty Innovation Hofstede Bureaucracy 8

Harvard Business Review

DECEMBER 6, 2016

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. In short, tax rates are lower for companies in practice than in theory, and the distinction between the U.S. collects less corporate tax revenue than peer countries, by about 1% of GDP. And in practice, the foreign income of U.S.

Finance 8

Finance GDP System Short-term 8

Harvard Business Review

MAY 23, 2017

Lean cost models that make use of globally centralized control functions (finance, compliance, legal, risk) will no longer be deemed sufficient. of GDP in 2007 to 3.3% Domestic regulators seeking to avoid environmental disasters, accounting scandals, or consumer detriment want responsible parties on the ground.

Politics 8

Politics Globalization Business Model Policies 8