Fiscal Challenges to Pres Aquino for a Stable Innovator Peso 230.0
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 [...]
Learning from China and Indigenous Innovation 224.0
In China, they have a saying, “one cannot step into the same river twice.” Lu Qiwen first wrote about the China brand of national innovation systems, Indigenous Innovation, in China’s Leap into the Information Age: Innovation and Organization in the Computer Industry (Oxford, 2000). It seems, that the mode of national innovation system as described [...]
Tempests Threaten the Philippines and the Peso in Power Game 217.0
In Q1, the Arroyo administration spent P400 billion from borrowed funds mainly for infrastructure to buy Administration support for the elections. This has resulted into a blip of a growth surge to 7.3% for the quarter but leaves an egg for a huge budget deficit for the incoming Aquino administration for the rest of 2010. [...]
Nano by India Tata is an Indigenous Innovation from an Emerging Market 203.0
The Nano is not just a disruptive innovation but a truly indigenous one. The most fascinating person I met at 7th Asialics in Taipei is Professor Chaisung Lim of the Miller School of Management of Techology, Konkuk University, Korea. We had a long discussion over breakfast on innovation from emerging markets (or as the jargon [...]
Appropriate Technology for E407a and PNG Carrageenan – 1 of 2
Benson Dakay of Shemberg will always be associated with the global success of Philippines’ E407a E407a and Philippine Natural Grade Carrageenan (PNG): His story is an epic example of successful innovative entrepreneurship more so because the product and process he developed qualifies as indigenous innovation. Carrageenan is a texturant and stabilizer. Its use ranges from [...]
