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Posted by m beduya on February 24, 2011 · 2 Comments
In 2010, researchers using spectral analysis published a paper that claims significant statistical proof that Kondratieff Waves exist and that its period is 52-53 years. This proof supports Nikolai Kondratieff’s predictions first presented in 1925 that Joseph Schumpeter also studied in his 1939 book Business Cycles. Further, this proof raises some rhetorical questions like: [...]
Filed under Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization · Tagged with business cycle, emerging markets, endogenous technological change, Germany, increasing returns, innovation systems, Japan, Joseph Schumpeter, Kondratieff waves, long wave, Spectral analysis
Posted by m beduya on February 7, 2011 · 5 Comments
Major crises in the real world have buffeted theoretical economics as social science through the two centuries of its existence. In the manner of the self-healing free markets that it describes, it went through major early adjustments from the classical like the marginalist and Keynesian adaptations to the multiple branches today in order to adapt [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy · Tagged with Alfred Marshall, co-evolution, Dani Rodrik, development economics, Douglass North, endogenous technological change, evolutionary economics, increasing returns, industrial policy, John Maynard Keynes, Joseph Schumpeter, neoclassical economics, Peter Galison, Richard Nelson, Thomas Kuhn
Posted by m beduya on January 20, 2011 · 4 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
Posted by m beduya on November 30, 2010 · 1 Comment
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with Bass Diffusion Model, catch-up, China, co-evolution, competitiveness, diffusion, emerging markets, endogenous technological change, Everett Rogers, increasing returns, India, industrial policy, innovation systems, Joseph Schumpeter, Nathan Rosenberg, Richard Nelson
Posted by m beduya on August 10, 2010 · 3 Comments
William Easterly criticized his fellow economists in international financial institutions for failing poor countries in their elusive quest for growth in his ‘hard-nosed’ (Solow) and ‘original’ (The Economist) 2001 book. In the Preface to this edition (2002), he writes “the World Bank encourages gadflies like me to find another job.” He had to move on [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with Bill Easterly, change management, development, emerging markets, endogenous technological change, incentives, industrial policy, NIS, Paul Romer, Richard Nelson
Posted by m beduya on October 5, 2009 · Leave a Comment
Over the years, the concept of Product has evolved and widened from the traditional, push USP as innovators try to find unserved markets or create new ones. In classic iteration and interaction, these concept changes have driven invention. In turn, they have also been driven by invention or enabled by it.
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Social Innovation · Tagged with endogenous technological change, increasing returns, non-rival partially excludable, Paul Romer, positioning, product development, Romer space, unique selling proposition
Posted by m beduya on October 3, 2009 · 2 Comments
Technorati’s BlogCritics invited SYNTHESiST to contribute to their online magazine, BC. I accepted their invitation and sent my contribution which was published today: “Innovative Applications as Paul Romer’s Endogenous Technological Change Approaches Its 20th Anniversary”.
Posted by m beduya on September 28, 2009 · Leave a Comment
As an innovation practitioner in a latecomer country, I am very interested in applications and diffusion of Paul Romer’s basic research findings. I think his 1990 paper works well as a model for knowledge-embedded as well as for viral products, both of which create high value addition from Total Factor Productivity(TFP).
Filed under Books and Journals, Brand and Product Development, Convergence of Technologies - Technology x Business Model, Mashups - Technology-enabled, National Innovation Systems · Tagged with diffusion, endogenous technological change, increasing returns, innovation, non-rival partially excludable, Paul Romer, Romer space, total factor productivity, viral product
Posted by m beduya on September 25, 2009 · 3 Comments
The past week was busy and eventful. Forgive the hiatus in my posts. Firstly, I won two game-nights with my poker friends after four weeks of no contests. Great! Secondly, I finally acquired my copy of a second-hand book, Technical Change and Economic Theory also called IFIAS 6. Better!!
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Miscellaneous, National Innovation Systems · Tagged with Bengt-Ake Lundvall, Christopher Freeman, DUI-Learning, endogenous technological change, IFIAS 6, National Innovation Systems, Paul Romer, Richard Nelson, technical progress, technology policy
Posted by m beduya on September 21, 2009 · 1 Comment
The World Economic Form (WEF) 2009 Global Competitiveness Report shows how badly the Philippines is performing absolutely and relative to its neighbors. The Philippines dropped 16 places to #87 out of 133 countries from #71 in 2008. I have always read the Report with reservations based on Paul Krugman’s comment that competitiveness does not apply [...]
Filed under Basic and Adaptive Research for STI-Learning, Books and Journals, Competence-Building from DUI-Learning, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with adaptive research, change management, competitiveness, David Ricardo, emerging markets, endogenous technological change, heterodox economics, increasing returns, innovation systems, non-rival partially excludable, Paul Krugman, Paul Romer
Posted by m beduya on August 30, 2009 · 4 Comments
For this 100th post, I am pleased to report another innovation area that I discovered the Philippines to be a global leader: mobile phone banking in microfinance. The four other areas of leadership I have reported elsewhere in SYNTHESiST are: renewable geothermal energy, PNG carrageenan from seaweeds, and SALT (Sloping Agricultural Land Technology). Innovation is [...]
Filed under Brand and Product Development, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, National Innovation Systems, Social Innovation · Tagged with ASEAN, ASIALICS, business process outsourcing, emerging markets, endogenous technological change, industrial policy, microfinance, mobile phone banking, non-rival partially excludable, Patarapong Intarakumnerd, Paul Romer, Philippines
Posted by m beduya on August 25, 2009 · Leave a Comment
I feel like a daddy looking after my newborn, first child. First published this year on the same day as EDSA 1, February 25, SYNTHESiST has 98 posts as of today (that is roughly one post every two days). Also, I have commented on 39 books and journals or one every five days. In the [...]
Filed under Brand and Product Development, Miscellaneous, News and Stories · Tagged with agribusiness, Bengt-Ake Lundvall, Blue Ocean, change agent, change management, DUI-Learning, endogenous technological change, increasing returns, innovation, innovative entrepreneurship, next generation demand, non-rival partially excludable, Paul Romer, Social Innovation, STI-Learning, total factor productivity
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