Sources of New Growth During Crisis 96.0

Last week, I taught in a short course on “Growth Strategies for Entrepreneurial Firms” at the Asian Institute of Management (AIM). I designed my part to teach new combo techniques in finding innovation opportunities in today’s crisis.

Paul Romer and the S-Curve of Innovation 94.0

Theoretical economists and management theorists, like scientists viz engineers, often do not see eye-to-eye. The goal of the first is often new knowledge while those of the second is practical application. Their stakeholders, methodologies and measures of success are also different. Still, they often inhabit one S-curve though at different parts. For this post, the [...]

Technology Convergence – The Philippines as One Virtual Bodega 2 of 2

(Start of 2 of 2) In this post, we propose a solution to the problem via a change in the national logistics model. This proposal lowers delivery cost for producers and buying cost for consumers at the same time. This proposal is an opportunity for existing or new players and systems integrators to come together. [...]

Paul Romer Says Knowledge is the True Fountain of Wealth – 2 of 2

Professor Romer accepted that perfect competition is not necessarily possible with technology. He threw away perfect competition as a simplifying assumption for equilibrium. (Start of Part 2 of 2) Subsequent research has shown that despite apparent imperfect competition, monopoly may not necessarily follow. Unlike the time of Adam Smith, rapid obsolescence of technology, consequent changes [...]