Trends to consider in policy-making – What to avoid

The emergence of the platform economy has created powerful non-state actors that have far-reaching influence on communities around the globe. In this new nexus of business, technology, and society, we need to rethink policy-making to blend innovation policy with foreign policy from the start. Today, I’ll offer some thoughts about ongoing developments and look for outcomes we should try to avoid.

Innovation and foreign policy

At first glance, innovation and foreign policy seem worlds apart. Researchers, entrepreneurs, and business people on one side, ambassadors, diplomats, and policy makers on the other. But they have more in common than first meets the eye. And more need to collaborate than ever before.

Economic trajectories into the future

The Digital Revolution started only about 40 years ago. While much of it is still in the future, some of the challenges and opportunities ahead are already clearly visible. In essence, there are two major forces at work: One is the breakthrough of information as the next dominant economic fuel, the other is the diversity of economic realities around the globe. Today, I’ll take a deeper look at this diversity and how it might evolve in the future.

What drives an economy in the very long run?

Just a few weeks ago, the Royal Swedish Academy of Sciences announced the decision to award this year’s Nobel Prize in Economics to Paul Romer for integrating technological change into macroeconomic analysis. That’s a good reason for thinking through the long-term history of innovative activity, for investigating how technological change itself changed over time, and what the future might hold for us.

The entrepreneurial mind

When you are asked to describe the essence of an innovative mind-set, you are faced with a dilemma, as expectations are high and preconceived ideas differ widely. The question you receive is often one for concrete advice: Which values should an organisation embrace to implement an innovation culture? How can an individual be more innovative? But […]