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Rethinking Industrial Policy

By Webmaster, 9 August 2010
Few quarrel with the need for governments to help business with straightforward “horizontal” measures, such as research and development or fostering high-tech skills. But there is no accepted framework for “vertical” policy, favouring specific sectors and companies.

Profit-Seeking Start-ups vs. Rent-Seeking Bureaucracies

By Webmaster, 23 June 2010
The profit motive tends to get a bad press but it is often a lesser evil than the megalomania and waste engendered by office politics.

Business in Africa

By Dannie Jost, 14 June 2010
This week’s issue of The Economist has an article by Schumpeter that asks if business is transforming Africa for the better? His conclusion, is a clear yes.

What type of entrepreneur are you?

By Webmaster, 9 June 2010
Academics have tried over the decades to categorise entrepreneurs, so as to provide insight into their motivations and likelihood of success. Yet, entrepreneurs are by nature individualistic and hard to analyse.

Russia’s New Approach to Economic Growth

By Webmaster, 29 May 2010
Russia’s Strategy 2020 calls for the tech sector to make up 15 percent of exports, or 8 to 10 percent of GDP, by 2020. Currently it’s about 1.1 percent of GDP, and much of that is in military hardware.

Is Microfinance contributing to development?

By Webmaster, 25 May 2010
Microfinance is widely seen as the appropriate mean to help the poor getting out of poverty through entrepreneurship. Yet, does it really facilitate growth?

Entrepreneurs should not look for the glamorous stuff

By Webmaster, 19 May 2010
What happens when entrepreneurs get carried away with their emotions is that they tend to lose lots of money. Be enthusiastic, be knowledgeable, be committed, whatever trade you’re in, by all means: but remember you’re in business to make money - argues Luke Johnson in the Financial Times
The rise in consumption of wine has led to a vast increase in supply from many countries. In London, our restaurants can buy wine from more places than any other city on earth – the (...)

From Farm to Fork: Innovations in the Chicago Food Industry

By Webmaster, 19 May 2010
From John Deere’s invention of the steel plow in 1837 that revolutionized agricultural production, to Chicago’s rich history of meat packing and culinary delights, Illinois has been innovating every step of the way.
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