Remove Efficiency Remove GDP Remove Innovation Remove Positioning
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4 Things Your Innovation Efforts Shouldn’t Focus On

Harvard Business Review

But too often CEOs find themselves stuck in what I call an innovation plateau. A main indicator of how widespread this plateau has become is the decline in corporate investment in R&D, the invisible infrastructure that supports true innovation. GDP in the 1970s to 0.78% today. Innovation Strategy: Timing and Scope.

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Why Mass Migration Is Good for Long-Term Economic Growth

Harvard Business Review

Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. At the same time, diversity in societal norms, customs, and ethics can nurture technological innovation and the diffusion of new ideas, and thus the production of a greater variety of goods and services.

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China’s Growth: A Brief History

Harvard Business Review

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. Factor accumulation (capital and labour) thus accounts for about 60 to 70% of GDP growth.

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Where Does Your Nation Rank on Wellbeing?

Harvard Business Review

If you are familiar with the Legatum Prosperity Index, you know it is an effort to look beyond GDP. Entrepreneurship & Opportunity (entrepreneurial environment, innovative activity, and access to opportunity). Doing so, however, produces insights on vital questions the answers to which are not yet (and may never be) reflected in GDP.

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Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

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The 4 Types of Cities and How to Prepare Them for the Future

Harvard Business Review

The prospect of urban innovation excites the imagination. The messy truth is that cities are not the same, and even the most innovative approach can never achieve universal impact. The opportunities to innovate will differ greatly by segment. Yelp, Zillow, and Trip Advisor are examples of innovations in this context.

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Research: The Rise of Superstar Firms Has Been Better for Investors than for Employees

Harvard Business Review

Superstar companies make lots of profit per employee, so as they become a bigger and bigger part of the economy, the overall share of GDP going to labor goes down. Indeed, we show that the industries where concentration has risen the most are also those where there has been the fastest growth in productivity and innovation.

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