Posted by m beduya on December 2, 2010 · Leave a Comment
With its publication earlier today of the details of what the New York Times reported as “Fed Papers Show Breadth of Emergency Measures” as first released by the Federal Reserve, the Fed proves itself again to be the gold standard among central banks. A Dual and often contradictory Charter. As with the Bangko Sentral ng [...]
Posted by m beduya on October 28, 2010 · Leave a Comment
Innovative entrepreneurship is the main driver of American growth for the past century – in 1957, it accounted for 80% of growth to paraphrase original research by Nobel winner Robert Solow. Underpinning this exceptional entrepreneurship are such factors as (a) having the best universities in the world, (b) a ‘faith’ in philosophical pragmatism and creative [...]
Filed under Financing of Innovation · Tagged with discounted cash flow, emerging markets, enterprise value, entrepreneurship, innovation, internal rate of return, IRR, net present value, NPV, venture capital, WACC, weighted averageg cost of capital
Posted by m beduya on September 16, 2010 · 3 Comments
Hapinoy and MicroVenture’s Bam Aquino and Mark Ruiz are finalists for the 2010 Ernst & Young Social Entrepreneurs of the Year Award. SYNTHESiST has featured Hapinoy’s innovative approach in re-organizing the retail (sari-sari store) trade to deliver on the triple bottom lines for social entrepreneurs – profits, sustainability and equity. Beneficiaries. Thus far, approximately 10,500 [...]
Posted by m beduya on August 31, 2010 · 2 Comments
“The disparity between rich and poor countries is the most serious, intractable problem facing the world today.” William Lewis, Founding Director of McKinsey Global Institute, contends in McKinsey’s book, The Power of Productivity, (2004 University of Chicago), that “the key to improving economic conditions in poor countries is increasing productivity through intense fair competition and [...]
Posted by m beduya on July 22, 2010 · 2 Comments
Governor Amando M. Tetangco Jr. and the Bangko Sentral have adapted a great innovation for the Philippines – inflation targeting. I say adapted because inflation targeting is typically applied in industrial nations and not an emerging market like the Philippines. The adaptation is in setting a medium-term target and range to 4% +or- 1% to [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Financing of Innovation, Innovator Peso · Tagged with Bangko Sentral, Ben Bernanke, emerging markets, fiscal policy, inflation targeting, innovation, monetary policy, Philippines
Posted by m beduya on July 2, 2010 · 1 Comment
From news reports, the new Aquino Cabinet spent the whole day, yesterday, checking on the veracity of the Arroyo economic statistics suspecting that the numbers to have been embellished to show better than real Arroyo performance. This seemingly unseemly activity from the new administration to the last is necessary to have a solid basis for [...]
Filed under Financing of Innovation, Innovator Peso · Tagged with emerging markets, indigenous innovation, innovation, Innovator Peso, Noynoy Aquino, Philippines, PIMCO, public debt, public deficit, ring of fire, sovereign debt
Posted by m beduya on June 30, 2010 · 3 Comments
As I write this post, I am listening to President Aquino deliver his inaugural speech; indeed an inspiring one as an inaugural speech ought to be. Just institution-building? Yet, from the speech, President Nonoy seems just focused in building, if not re-building, the institutions of a working capitalist democracy – possibly as countervailing powers in [...]
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Financing of Innovation · Tagged with Amartya Sen, development economics, George Bernard Shaw, innovative entrepreneurship, John Kenneth Galbraith, National Innovation Systems, Noynoy Aquino, Philippines, social entrepreneurship
Posted by m beduya on June 28, 2010 · 9 Comments
“The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield,” begins Peter Drucker’s classic 1985 book, Innovation and Entrepreneurship, quoting the French economist J.B. Say. Thus, Mark Ruiz and the Hapinoy/MicroVentures (MVI) team, all social entrepreneurs, are mining a rich vein for social enterprise [...]
Filed under Financing of Innovation, Innovation and Entrepreneurship, Social Innovation, Supply Chain Logistics and Transport · Tagged with equity, Hapinoy, Joseph Schumpeter, Mark Ruiz, microfinance, Peter Drucker, Philippines, productivity, sari sari, social enterprise, Social Innovation, supply chain, sustainability, triple bottom line
Posted by m beduya on March 10, 2010 · 6 Comments
New Zeitgest, tools and metrics are making CSV for enterprise the new norm Businesses are starting to embed sustainability into their strategy rather than just do it as a separate project under corporate social responsibility (CSR). They are starting to do this because it is beginning to make business sense. The Sagip Pasig Movement (SPM) [...]
Filed under Changes in Environment and Need for Sustainability, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Energy Water and Environment, Financing of Innovation, News and Stories, Rapid Prototyping - Incubators, Proof-of-Concept, Accelerators, Social Enterprise and Innovations, Social Innovation · Tagged with adaptive research, creating shared value, intensive learning, productivity, Sagip Pasig Movement, social enterprise, Social Innovation, sustainability, triple bottom line
Posted by m beduya on February 1, 2010 · 2 Comments
A screening poll for SYNTHESiST readers to know ourselves more I have created a screening survey below (on 2/2 posted on Sidebar, too.) to know how the group’s choices affect innovation, in the long term. Please choose one answer as honestly as you can. Your choice represents an important part of the collective voice of [...]
Filed under Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Financing of Innovation, Innovator Peso, National Innovation Systems · Tagged with change management, emerging markets, financing innovation, Innovator Peso, Philippines, total factor productivity
Posted by m beduya on January 17, 2010 · 2 Comments
I have two tales from the grapevine. What used to be at the fringe seems to be moving to the mainstream. Regular corporations may slowly be morphing to social enterprise because it is beginning to make business sense. The First Tale. A new concept is being tried out by some multinationals to replace CSR or [...]
Posted by m beduya on January 17, 2010 · 1 Comment
Ashoka and Bill Drayton seek and nurture social entrepreneurs In 1981, Bill Drayton organized Ashoka: Innovators for the Public to identify first class entrepreneurs with pattern-changing ideas before either were proven and nurture both so that their success hastens development and democratization around the globe. David Bornstein’s 2004 book, “How to Change the World” chronicles [...]
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