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Posted by m beduya on November 20, 2010 · 1 Comment
Economic growth, especially those that add net value-added or productivity, is of special interest to emerging markets as they provide a general improvement in living standards for all citizens. This economic growth is the foundation on which the special case of catch-up, that I wrote about in the preceding post, rests. Catch-up happens when governments, [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with Bengt-Ake Lundvall, catch-up, DUI-Learning, Economic growth, emerging markets, evolutionary economics, GLOBELICS, innovation, innovation systems, Joseph Schumpeter, Kenneth Arrow, Nathan Rosenberg, neoclassical economics, Paul Romer, Philippines, productivity
Posted by m beduya on September 7, 2010 · Leave a Comment
Th 2010 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was updated on October 11, 2010: Peter Diamond (MIT), Dale Mortensen (Northwestern University), Christopher Pissarides (LSE) shared the prize for research that improved the understanding of search frictions in markets. Their work allowed a more realistic case than classic perfect competition in [...]
Filed under Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Learning and Teaching, News and Stories · Tagged with Akira Suzuki, Amartya Sen, Christopher Pissarides, competitiveness, Dale Mortensen, Ei-ichi Negishi, Elinor Ostrom, Kenneth Arrow, Konstantin Novoselov, Liu Xiaobo, Mario Vargas Llosa, Nobel Prize, Paul Krugman, Paul Romer, Peter Diamond, Richard Heck, Robert Solow
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 13, 2009 · 10 Comments
For a way to manage Commons without regulation or privatization Professor Elinor Ostrom, winner of the 2009 Nobel Prize in Economics, studied how communities managed Commons like grazing lands, pastures and similar natural resources to their advantage. As a political scientist, her theory shows that, with the right information, productive discussion and trust-based institutions, communities [...]
Filed under Books and Journals, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Energy Water and Environment, Learning and Teaching, National Innovation Systems, Social Enterprise and Innovations, Social Innovation · Tagged with Bengt-Ake Lundvall, commons, Elinor Ostrom, National Innovation Systems, Paul Romer, Social Innovation
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 September 16, 2009 · 1 Comment
Hearing Black Eyed Peas’ “I gotta feeling” blaring in the background at the 2009 US Open tennis tournament turned on a light bulb in my head. It taught me two things: firstly, a technique (I will call PAIRS) for designing the architecture of a viral product and, secondly, that viral product architecture can be constructed [...]
Posted by m beduya on September 11, 2009 · 1 Comment
Steve Jobs introduced a new feature into the iPod nano on Wednesday, a video cam with 8 gig of memory and all for US$149. He said the feature was added to take advantage of YouTube’s strong growth in video-based social media. Jobs is a master innovator in Romer space – designing product architectures that are [...]
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, Innovation and Entrepreneurship · Tagged with Apple, non-rival partially excludable, Paul Romer, Steve Jobs, value locking, value recovery
Posted by m beduya on September 2, 2009 · 1 Comment
I think the simplest and fastest entry for Ayala into microfinance is as a wholesale banker to lending investors and rural banks. The credit products may be in tranches of P1m, P4M, etc. and mirror the microfinance model in most respects.
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 · Tagged with Blue Ocean, Convergence, locking-in value, microfinance, Paul Romer, Philippines, product development
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