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Posted by m beduya on December 22, 2011 · Leave a Comment
DSGE is the newest type of policy analysis tool adapted by the Bangko Sentral(BSP). It complements the existing set of econometric models it uses as aids in policy making, particularly inflation targeting. Its quite-a-mouthful and technical long name is Dynamic Stochastic General Equilibrium. As with the Corden and Neary framework that BSP analysts used in [...]
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Innovator Peso · Tagged with Bangko Sentral, DSGE, Dynamic Stochastic General Equilibrium, emerging markets, ergodicity, inflation targeting, Innovator Peso, microfoundations, Philippines, SYNTHESiST, ucas critique
Posted by m beduya on December 14, 2011 · 1 Comment
Our leading policy technocrats are near the leading edge in taking up innovative policy analysis tools for the economy – to analyze for possible Dutch disease and for a small model that accounts for the Lucas critique. I discovered two gems from the Bangko Sentral ng Pilipinas (BSP) policy group while researching for my previous [...]
Posted by m beduya on November 27, 2011 · 1 Comment
Technocrats have been asked to temporarily govern Greece and Italy as the professional politicians seem fearful of doing the necessary and lose votes. We are fortunate that Filipino technocrats in the economics sphere like Finance, the Bangko Sentral ng Pilipinas (BSP) and Budget and Management are working well with President Aquino even as the political [...]
Filed under Books and Journals, Innovator Peso · Tagged with Amando Tetangco, Bangko Sentral, Ben Bernanke, BSP, contagion, Dutch disease, inflation, inflation targeting, institutions, John Taylor, monetary policy, Peso, policy rules, rational expectations, technocrats
Posted by m beduya on September 29, 2011 · Leave a Comment
The launch of Kindle Fire yesterday proved my futurology skills right as to the appropriate response by the e-reader leader, Amazon, to avoid collateral damage from Apple’s iPad tablet. I wrote about this strategic response in the January 30, 2010 post Apple iPad Intrudes on Amazon Kindle e-Reader Space just four days after the Apple [...]
Posted by m beduya on September 4, 2011 · 4 Comments
There is a thoughtful group of Filipinos who believe in Libertarianism. They would very much like for the ideology to be adopted in the Philippines. I have long discussions with some of them on Facebook on its aspects like size and role of government and individual liberty, taxes and a return to the gold standard. [...]
Posted by m beduya on June 6, 2011 · Leave a Comment
Google Wallet represents the latest innovative convergence of technologies to improve convenience in electronic settlement. Electronic settlement is one of three necessary legs to complete the chain of e-commerce. The other two are (a) the marketplace where the buy-and-sell transaction takes place and (b) fulfillment that takes care of the delivery leg of what was [...]
Posted by m beduya on May 11, 2011 · Leave a Comment
A face from the past and a pioneer in software venture capital, Anne Winblad of Hummer Winblad Venture Partners, gave a very insightful interview on Bloomberg yesterday after a big news headlines day in the digital world. All the big news are the result of the leading companies positioning for the product innovation battles of [...]
Filed under Brand and Product Development, Convergence of Technologies - Technology x Business Model · Tagged with Anne Winblad, Apple, Bill Gates, Google, Larry Page, Marc Andressen, Microsoft, personal data space, product innovation, Real-time connectivity, Sergei Brin, Skype, Steve Jobs, venture capital
Posted by m beduya on April 30, 2011 · 1 Comment
The Bangko Sentral ng Pilipinas (BSP) will review its forecast of Philippines inflation for the year 2011 on its May 5 Board meeting according to a news report by BusinessWorld Online today. I believe the review becomes necessary because the BSP keeps repeating the classic error of time inconsistency – in behavioral economics – and [...]
Posted by m beduya on April 17, 2011 · Leave a Comment
Implementing the right factory software information systems (ICT) enables productivity for manufacturing firms. ICT is a general purpose technology that, when applied correctly, has been proven to improve productivity. ICT in manufacturing increases productivity in three ways, first by institutionalizing business processes, second by improving coordination among factory functions, and, finally, by hard-wiring empowerment for [...]
Filed under Brand and Product Development, Convergence of Technologies - Technology x Business Model · Tagged with Cantier, competitiveness, emerging markets, enterprise resource planning, ERP, general purpose technology, innovation, M-ERP, manufacturing execution systems, MES, productivity
Posted by m beduya on March 17, 2011 · 5 Comments
Business model innovation to add a Web-based component to the business strategy, at the level of firms, is proof that SYNTHESiST’s appreciative theory of development works. Adapting the business model is co-evolution while the Web is comprised of general purpose technologies that, with the right organization structure, enable innovation. With continuous interaction between this two [...]
Filed under Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model · Tagged with Amazon, business model, business model innovation, business strategy, co-evolution, Facebook, Google, Groupon, lock-in, Search, Social Graph, Social Innovation, SYNTHESiST, value-adding potential
Posted by m beduya on March 7, 2011 · 4 Comments
Bringing appropriate technology and empowering the poor is Jim Ayala’s passion. He set up HYBRID Social Solutions as a “for profit” social enterprise. It is the pioneer social distribution company in the Philippines, to empower the poor by giving access to appropriate technology. The innovative concept of social distribution builds on an insightful view of [...]
Filed under Convergence of Technologies - Technology x Business Model · Tagged with appropriate technology, change management, clean water technology, co-evolution, emerging markets, energy, HYBRID, HYBRID Social Solutions, innovation, productivity, scan-adapt-diffuse, social enterprise, Social Innovation
Posted by m beduya on January 20, 2011 · 3 Comments
I have the kernel of a growth framework that can work for firms. It looks like a general framework for emerging markets development that I have been working on in SYNTHESiST for the past two years. I realized this while preparing for a brief talk on innovation and strategy with a leading multinational firm. This [...]
Filed under Adjacencies in Value Chains - Business Model x Technology, Convergence of Technologies - Technology x Business Model · Tagged with adjacency, business model, business model innovation, co-evolution, competitiveness, Convergence, emerging markets, endogenous technological change, general purpose technologies, increasing returns, innovation systems, Joseph Schumpeter, productivity, Social Innovation, technology-enabler
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