Remove GDP Remove Innovation Remove Technology
article thumbnail

How Innovative Projects Get Funded

The Horizons Tracker

The need for fresh ideas The paper highlighted that economic growth relies on new ideas driving technological progress in the long term. Firms navigate this dilemma by weighing the benefits of investing in proven projects against the potential of innovative ideas, considering their financial limitations. faster each year.

Project 75
article thumbnail

Unleashing AI’s Potential: The Imperative of Creative Executive Leadership

N2Growth Blog

Understanding the AI Landscape The transformative impact of AI is undeniable, particularly in the technology sector. While some see it as a job disruptor, others recognize its potential as a catalyst for innovation. In the realm of AI, this translates to envisioning uses of technology that many can’t yet fathom.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Is Technology Not Producing Productivity Improvements?

The Horizons Tracker

His comment reflected frustration that despite the considerable hype around the digital technologies of the day, productivity stats were barely moving. It was widely believed that this was largely a case of organizations attempting to introduce new technologies to processes that were designed very much with the old ways of working in mind.

article thumbnail

How Developing Countries Can Benefit From Green Technologies

The Horizons Tracker

The production of goods and services with smaller carbon footprints, also known as green technologies, is on the rise and presents numerous economic opportunities. “We are at the beginning of a technological revolution based on green technologies,” the authors explain.

article thumbnail

Business Model Innovation Will Be Key To Emerge From Covid Well

The Horizons Tracker

A new paper from the University of Cambridge argues that business model innovation will be key to emerging from the pandemic in the best economic health. The authors argue that when combined with the adoption of new digital technologies, economies can achieve productivity growth of around 3.5%, versus the 1% that is predicted currently. .

article thumbnail

Chinese Competition Has Raised Innovation In America and Europe

The Horizons Tracker

It’s often said that necessity is the mother of all invention, and that certainly seems to be the case during Covid, with new data from Accenture revealing that innovation has flourished during the pandemic. Born out of disaster and necessity comes opportunity; the pandemic has sparked a new wave of innovation. Unusual quarters.

article thumbnail

Longer And More Complex Supply Chains Benefit Economies

The Horizons Tracker

“The more steps in the process, the more opportunity there is for innovation,” the researchers explain. Research from the University of Oxford suggests the opposite is actually the case, and that longer supply chains and deeper networks are actually what makes economies prosperous. ” Economic advantage. .”