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How Innovation Boosts Profitability

The Horizons Tracker

The researchers looked at patent data for 1296 ASX-listed companies from 1997 to 2018, before pairing this data with financial reports and stock market trends over that same period. The findings also provide a strong argument for the Australian government to develop further incentives to support corporate innovation.”

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3 Mistakes in U.S. Health Care That Emerging Economies Can’t Afford to Repeat

Harvard Business Review

With expanding middle classes demanding more-comprehensive care, governments of these emerging markets are under pressure to invest as chronic disease rates — particularly those related to Western lifestyles — dramatically increase and the average age of their once-young populations begins to rise.

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What You Might Not Know About the Cuban Economy

Harvard Business Review

There was a spike in the 2000s when Venezuela began to provide petroleum at deeply discounted market prices, and that peaked just before the 2008-09 financial crisis. If you invest in human capital, whether in your company or in your country, sooner or later it will pay off if you have the right set of incentives.

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What It Might Mean If We All Work From Home

The Horizons Tracker

The challenges of city centers have been compounded by the shortage of tourism that would also provide economic heft to so many. Of course, the corporate real estate market is not the only sector that will be affected by a shift to remote working. Shifting sands. This pandemic is no different.

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Airbnb Is Facing an Existential Expansion Problem

Harvard Business Review

” But how many travelers can “live there” before Airbnb accepts that it has become a vehicle for mass tourism, and that its users are tourists, no more and no less? It’s a potent mix of bad incentives. Like other parts of the tourist industry, Airbnb has become a double-edged sword.

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The Gulf Spill: BP Still Doesn’t Get It

In the CEO Afterlife

More recently, the BP-sponsored Gulf Coast tourism TV campaign has implied that everything is back to normal. Maybe that’s all the incentive the company needs to try harder. Early on, BP ran some print advertising reiterating its responsibility to learn from the spill and share findings to ensure that the tragedy never happens again.

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When Do Regulators Become More Important than Customers?

Harvard Business Review

State satisfaction mattered more than market disruption. With apologies to Ted Levitt , a new “Marketing Myopia 2.0” Twenty-first century market competition in disruptive business environments quickly becomes regulatory lawfare. But that creates perverse incentives. The unhappy innovation inference?