Saturday, January 28, 2023
No Result
View All Result
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
No Result
View All Result
Home Economy

Innovation in the Age of Disruption — What is our role? • The Berkeley Blog

Updates Finance by Updates Finance
July 17, 2022
in Economy
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

China’s comeback turbocharges base metal prices

Is Economics a Dead Discipline?

Business complains Jeremy Hunt’s UK growth plan lacks new policies

Jerome Engel, senior fellow and founding executive director, Lester Center for Entrepreneurship, and adjunct professor, emeritus, Haas School of Business | July 16, 2022

From Today’s Headlines ….. NYT July 16, 2022

President Yields on Climate Plans as Talks Collapse [page A1]

Trading Coal for Sunlight, Power Plants Get New Life [page A12]

E.V.s Selling at a Record Pace Despite Shortages [page B1]

 

Do you see a pattern here? Where government is stymied by the self-interest of individual politicians [in this case Senator Joe Manchin III], the market-power of industry and individuals responding to the unrelenting existential global challenge of climate change incentivizes solution-providing businesses move forward. This is an important example drawn from life. This morning, while having my ritual morning coffee and newspaper time, this insight called out for exposition. But is this a robust process or just a one-off fluke convergence of diverse facts?

In my upcoming book. Clusters of Innovation in the Age of Disruption, I argue that indeed the market place can and does respond to external shocks [such as the Covid pandemic, climate change, political instability, etc.]. Further, I argue that this response is strongest in ecosystems where entrepreneurship and innovation are robust contributors. And I recognize that this positive response is best enabled when enlightened governments provide enabling conditions and constructive incentives. These premises are buttressed by evidence gathered from ecosystems around the world.

All well and good you might say. On their face these ‘arguments’ may seem self-evident. Why call them out so boldly? Because on days like today, when it appears that even the most enlightened and well-intentioned policy makers and politicians are impotent in the face of corrupt and self-interested stakeholders, it is an optimistic thought that “wisdom of the crowds” will prevail and private markets can still make progress, while governments preen and plod. We need strong governments, but we need not wait to take action. As investors awaken to “impact strategies”, entrepreneurs experiment with enabling technologies and business models, and consumers make enlightened choices, we can all find a way to contribute.



Source link

Tags: AgeBerkeleyBlogdisruptionInnovationRole
Share30Tweet19
Updates Finance

Updates Finance

Recommended For You

China’s comeback turbocharges base metal prices

by Updates Finance
January 28, 2023
0

Industrial metals have ripped higher since November on bets that China’s reopening will boost demand for raw materials.A group of “base metals” led by tin, zinc and copper...

Read more

Is Economics a Dead Discipline?

by Updates Finance
January 27, 2023
0

Professor Per Bylund of Oklahoma State University, author of How to Think About the Economy joins Jeff and Bob to dissect how economics went so badly wrong. A...

Read more

Business complains Jeremy Hunt’s UK growth plan lacks new policies

by Updates Finance
January 27, 2023
0

Business lobby groups on Friday criticised a keynote speech by chancellor Jeremy Hunt about the government’s plan to boost economic growth, complaining it offered no new policies.Hunt used...

Read more

In Defense of Covid “Price Gouging”

by Updates Finance
January 27, 2023
0

The recent inflationary episodes in the USA have led to the emergence of several different explanations, ranging from overexpansion of the money supply to supply-side constraints, not to...

Read more

#ReadWithMe: Power Without Knowledge Part 7: Friedman on Economists

by Updates Finance
January 27, 2023
0

As was evident in my previous posts in this series, Jeffrey Friedman thinks there are serious, systemic, possibly insurmountable problems with establishing an effective technocracy, whether it takes...

Read more
Next Post

No full consensus; food security, inflation, Ukraine war top agenda

Related News

ispace wants to stake its claim to the moon with November launch • TechCrunch

October 31, 2022

Michael B. Jordan Surprises HBCU Students During ‘Creed III’ Q&A Event

October 22, 2022

QURE Stock Rockets After FDA Approves Its Most Expensive Drug Ever

November 23, 2022

Browse by Category

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Recent News

  • Best Juicer of 2023 – CNET
  • Want to Go Electric? This Gas Stove Rebate Saves You $840

Copyright © 2022 - Updates Finance..

No Result
View All Result
  • Home
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Updates Finance..

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?