Government Support of SME's is not a Bad Thing

Small and medium-sized enterprises (SMEs) in developing economies often have difficulties improving their technological capabilities in terms of product or process innovation. Therefore, some kind of government support is necessary.

Policies for stimulating technological development and innovation in SMEs can be divided into three groups:

(i) supply-side policies aim at increasing firms’ incentives to invest in innovation by reducing costs

(ii) demand-side policies are public actions to induce innovation and/or speed up the diffusion of innovation

'Global Nomads' are Proliferating and Working from Anywhere

In the past two weeks, I have met two people who introduced themselves as global nomads. By “nomads”, they mean someone who moves from place to place with no fixed address, other than their email address. They consult wherever they go, and are enabled through technology to live and work from anywhere.

This new thinking about what and where work is performed is starting to influence thinking on where we live, offering an entirely new take on work-life balance.

Why the Scarcity of Mature Leaders?

There is a pressing need for intelligent leaders who are able to deal effectively with today’s challenges and demands – and those of the future. However, intelligence alone is not sufficient. It is simply a “blunt” tool that enables leaders to get things done. Too often leaders are intelligence giants but maturity dwarfs. This has far-reaching, detrimental consequences.

Don't be so Quick to Judge Nuclear Power

Let us for a second imagine a world without nuclear energy. That is a tough one but let us try. No nuclear bombs, of course, no Chernobyl and Fukushima, no worries about Iran and North Korea. A wonderful world, maybe?

Probably not, because without nuclear energy we would have burned millions more tons of coal and billions more barrels of oil. This would have brought about climate change of such proportions that what we have today would have seemed negligible.

Gig Workers' Risky Business

To secure work in the gig economy, workers often have to contribute not just their time and labour but also their capital. This means workers are not only shouldering the risks associated with insecure employment but also the risks associated with investing capital into businesses that they have little control over.