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Posted by m beduya on October 13, 2011 · 1 Comment
Other than installing entrepreneurship and innovation policy for the private sector, big improvements in government productivity are also needed to achieve inclusive development. Still, if you search for “government productivity” in Google, you will not find a direct reference to the subject you have in mind. Strange for what ought to be a subject that [...]
Posted by m beduya on October 10, 2011 · 1 Comment
In the immediately previous post on October 4, Inclusive development needs an innovation and entrepreneurship policy, I introduced a definition of inclusive development. I argued that the two solutions suggested by static analysis and equilibrating snapshot from macroeconomics – public-private partnership focused on infrastructure as target for investment and conditional cash transfer as safety net [...]
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, National Innovation Systems · Tagged with Bengt-Ake Lundvall, entrepreneurship, inclusive development, innovation, innovation policy, innovation systems, SYNTHESiST
Posted by m beduya on October 4, 2011 · 1 Comment
The Aquino Administration ought to add entrepreneurship and innovation policy to its flagship programs to achieve inclusive development. To me, the two current flagship programs of public-private partnership focused on infrastructure and 4Ps through conditional cash transfers (CCT) as safety net for the poorest of the poor are necessary but not sufficient to achieve inclusive [...]
Posted by m beduya on July 3, 2011 · Leave a Comment
To deliver on the second of his four-part set of campaign promises, inclusive development where all participate in growth, President Aquino’s development program must go beyond the focus on public-private partnerships (PPP) in infrastructure and also incentivize opportunity-seeking in innovative entrepreneurship. Indeed, PPPs will definitely add to aggregate demand in the mathematical economic planning model, [...]
Filed under Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Innovation and Entrepreneurship · Tagged with entrepreneurship, inclusive development, industrial policy, innovative entrepreneurship, Kauffman Foundation, opportunity-seeking, public-private partnerships, value-adding potential, William Baumol
Posted by m beduya on June 18, 2011 · 2 Comments
Pragmatism and modern industrial policy were needed to bring America to its dominant position from the beginning of the 20th century until today notes Fareed Zakaria in the TIME article that I linked in the image below. Both need to be re-introduced into the present political debate possibly by centrists of both political Parties for [...]
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 October 3, 2010 · Leave a Comment
The second offering for 2010 Entrepreneurship Development Program (EDP) at the Asian Institute of Management will commence tomorrow, October 4, through October 15. I will be teaching many of the modules in the next two weeks in addition to two modules for a growth strategy short course at the Executive Education and Life Long Learning [...]
Posted by m beduya on July 4, 2010 · 6 Comments
Jay Bernardo, a serial entrepreneur himself, has been passionate about teaching entrepreneurship since I first met him sometime mid-1990s. Lets Go (an acronym for Leading Entrepreneurs Toward Seizing Global Opportunities) began as a training caseroom on entrepreneurship for JAD Manufacturing, Inc. employees, then Jay Bernardo’s flagship venture. It eventually became a training room for all [...]
Posted by m beduya on May 30, 2010 · Leave a Comment
I recommend the June, 2010 issue of the Harvard Business review for two wonderful articles: – on entrepreneurship, Nine Prescriptions for Creating an Entrepreneurship Ecosystem by Daniel J. Isenberg, and, – among the articles on change management, The Decision-Driven Organization by Marcia W. Blenko, Mchael C. Mankins and Paul Rogers. This is the first time [...]
Posted by m beduya on March 10, 2009 · Leave a Comment
Against all odds, there are inspiring efforts to raise Total Factor Productivity via industry clustering in the Philippines. Former DOST Secretary CL Follosco has been the tireless initiator and prime mover of such community organizing efforts. The book reports on the successes and lessons. It is published by the Export Development Council (EDC) with USAID [...]
Posted by m beduya on March 4, 2009 · 5 Comments
Note: This post has been re-written in a more accessible and longer style. Please click here for link to Post 130, the better version. Professor Baumol’s paper on entrepreneurship gave me an epiphany – a link between the two biggest problems in the Philippines, corruption and poverty. His paper also gave a hint at a [...]
