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For entrepreneurial activity to translate into economic growth, we need to focus less on the “start” and “small” side of things and more on how those companies of all ages, sizes and sectors scale. Why? Because research (see here, here and here) clearly shows that it is relatively high-growth firms – what we call “scale ups” – that are the real generators of jobs, taxes and wealth. Contrary to the myth, small businesses and start-ups only generate these benefits if they then go on to grow. And historical perspectives on the growth of entrepreneurship from Israel to Bangalore to Silicon Valley shows that the critical path to prosperity paradoxically goes from scale up to start-up, not the other way around.

Start-ups won’t save the economy. But ‘scale ups’ could

By: EBR | Friday, March 31, 2017

Although the notion that entrepreneurship benefits society has attained broad currency in Latin America and elsewhere, confusion reigns

If the feeling of two ethical standards — one for the general public and another, much laxer one for top executives — persists, that sentiment may even be a real and present danger to the foundations of democracy.

The black box of executive compensation

By: EBR | Thursday, March 23, 2017

German companies need to do much more to live up to the transparency standards required by democracy in the age of globalization

Forget all the fluffy stuff about the planet, equality or your grandchildren and consider this: the bottom line depends on sustainability. Understand that and you guarantee your own future.

The finance world’s short-termism will destroy our communities, economies and the planet

By: EBR | Friday, March 17, 2017

Banks and financial institutions are (still, mostly) macho, testosterone-fuelled environments where making the quick buck trumps almost every other consideration

The Asian bloc clearly has a larger share than anywhere else, representing just over a third (33.84%) of global GDP. That’s compared to North America, which represents just over a quarter, at 27.95%.

The world’s 10 biggest economies in 2017

By: EBR | Friday, March 17, 2017

The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures

5G was, like in 2016, a main subject during the World Mobile Congress 2017 in Barcelona. US chip giant Qualcomm announced its stepping up its 5G push to support timely commercial deployments and plans to conduct 5G New Radio (NR) field trials with two tier-1 operators. It will partner with Vodafone group in the UK to test 5G interoperability and conduct an over-the-air field trial based on NR specifications.

GSMA Survey: 5G expect to be widely available in 2020

By: N. Peter Kramer | Monday, March 6, 2017

5G is a far more complex migration than that of 3G to 4G. Is the expectation of its arrival likely to be over-enthusiastic at best and unrealistic at worst?

The Chinese company has aspirations to be number one as it moves to make more expensive devices aimed at western markets. In 2011 it shipped 1m handsets; last year this figure rose to more than 139m. ‘Smartphones are becoming some kind of commodity but technology is evolving’, says Richard Yu, chief executive of Huawei’s consumer business since 2011.

Huawei made its mark early at the MWC 2017

By: N. Peter Kramer | Monday, March 6, 2017

Huawei made is marks early at this year’s Mobile World Congress, unveiling its new P10 flagship smartphones and smart watches

The problems of privacy and digital divide could worsen if we don’t take the appropriate measures. It’s important to deal with that because the debate about our privacy online will become more pronounced. Human beings are not good at adapting to new things, up until the time they need to.

Big data: how much is too much?

By: EBR | Friday, March 3, 2017

Big data could soon allow us to shape public policy, financial products, healthcare and education to suit our personal needs

Without mention it by name, the fresh FCC chairman pointed clearly to the regulation fever of the Obama era. Policies set out in the 1990s and early 2000s -light touch regulation, encouraging facilities-based competition, free use policies (where operators can decide which technologies to use in licensed bands) and freeing up more spectrum for mobile use- had produced ‘impressive results’. ‘The private sector has spent $1.5 trillion since 1996 to deploy broadband infrastructure and consumers have also reaped awards’, said Pai. ‘Ninety-eight percent of consumers have access to three or more facilities-based access providers, and the US leads the world in 4G’.

Trump’s FCC man Ajit Pai takes a more deregulatory way than his Democratic predecessor

By: N. Peter Kramer | Thursday, March 2, 2017

Barely five weeks into his new role as chairman of the US Federal Communications Commission (FCC), the Republican Ajit Pai, criticised the regulatorily approach to broadband by his predecessor, the Democrat Tom Wheeler

”The jobs that even artificial intelligence can’t replace will be those that require strong human character traits: empathy, a positive attitude and resilience.”

What does the future of jobs look like? This is what experts think

By: EBR | Thursday, March 2, 2017

The jobs we have today won't will not be the ones that we have tomorrow. Neither will the skills. So what will the future of jobs look like, and what should we be doing to prepare? This is what the experts think

Ecommerce Europe furthermore welcomes the decision taken, to introduce risk-based assessments for transactions between €100 and €500 based on the overall fraud levels of the payer’s Payment Service Provider’s fraud rate. We believe that this is the right direction towards ensuring that customers can be offered the most secure and convenient checkout experience, although the acceptable fraud reference rates under Article 16 should not be set too stringent and in dialogue with industry players.

Crucial decision to allow a risk-based approach for electronic payments

By: EBR | Tuesday, February 28, 2017

In light of the publication of the Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA) by the European Banking Authority (EBA), Ecommerce Europe welcomes the decision to introduce transactional risk-based assessments for electronic payments up to €500

With the dawn of the Fourth Industrial Revolution heralding an ever-greater use of technology, it is no surprise that much VC investment goes to software companies. In the second quarter of 2016, the value of VC investments in the US software industry amounted to approximately $8.74 billion dollars.

These are the industries attracting the most venture capital

By: EBR | Friday, February 17, 2017

Venture capital - the money provided by investors to startup firms and small businesses showing potential for long-term growth – is generally thought of as “good capital”

5G Unsurprisingly, the path to 5G will also be a key theme for Huawei in Barcelona, with the company promising its first phase of commercial products will be available in 2018 to support early operator deployments. Ken Wang, president of global marketing and solution sales with the vendor, said operators need to be ready for the new technology on three fronts: network architecture ready, spectrum ready, and business ready.

Huawei goes all out on video, 5G and cloud at MWC17

By: EBR | Tuesday, February 14, 2017

Huawei used its pre-Mobile World Congress 2017 media briefing to position itself as “the real business partner for operators”, stating that “only when the carriers grow can Huawei grow”.

Despite the concerns that emerged at the time of the purchase, we found that the market managed to discount the potential political bias. Using data based on DJNW, data on firm political affiliation from the Federal Election Commission and trading data in Ancerno to look at patterns of short-term and long-term investors, we find that after the acquisition, the market actually underreacted to good news on firms affiliated with the Republican Party. Therefore, they “debiased” the news.

How the market reacts to media “bias”

By: EBR | Monday, February 13, 2017

The stock market is incapable of distinguishing between actual and perceived media bias

Telefónica and Huawei have been jointly working and testing Huawei CloudEPC performance, in Telefónica’s NFV (Network Function Virtualisation) Reference Lab in Madrid. During the test, Huawei CloudEPC showed one of the best performances in both data and signalling planes by good cloud-formation architecture and by using EPA (Enhanced Platform Awareness) technologies.

Telefónica selects Huawei to build EPC network in 13 countries

By: N. Peter Kramer | Monday, February 13, 2017

Telefónica announced its cooperation with Huawei in virtual environments

It’s time for corporate directors, government entities and industry groups to band together in a multistakeholder dialogue to collectively fight the ever-growing threat of cyber breaches. The threats posed by hackers, weaponized IoT devices and other forms of cyber-attack are not science fiction – they’re happening now. We need to come together, share our experiences and best practices and ensure the internet remains the incredibly transformative resource that it is today.

What cyber-security insiders discussed at Davos 2017

By: EBR | Friday, February 10, 2017

When global leaders met recently for the World Economic Forum’s annual summit in Davos, Switzerland, there was much talk regarding the threats to globalization from political changes in Western countries

Huawei aims to become the world’s biggest smartphone maker within the next five years. As Mr. Ren may steps back from daily operations, questions loom about who might succeed him and what changes may be needed to better compete with Google and Apple for top tech talent. Currently, three senior executives, including Mr. Guo, take turns as acting CEO for six months a time. Mr. Ren retains a veto on important decisions, although it seems he hasn’t exercised that right so far.

Huawei’s culture drives growth

By: N. Peter Kramer | Monday, February 6, 2017

‘Huawei’s culture drives growth’ was the heading of an article in the Wall Street Journal, a few weeks ago

The truth is, women around the world are resourceful economic agents, overcoming persistent, gender-based barriers every day. Women have demonstrated they can build informal and formal businesses out of very little capital, create networks to maximize limited resources, all while shouldering the traditional responsibilities placed upon them, duties like child- and home-care. Women succeed in spite of laws, policies and institutions that hold them back, but it is a constant struggle. It is time to create supportive environments for women to thrive economically, and bust these myths once and for all.

7 myth-busting reasons we should be investing in women

By: EBR | Friday, February 3, 2017

“Women are better suited for baby-making than money-making.” It sounds ridiculous today, but myths like this – based on no scientific evidence – drove the decisions of our forefathers (and foremothers) for generations

When it came to the global cross-border investment regime, there was a wind of change (or at least reform) blowing through Davos, with discussion afoot between ministers and other stakeholders as to a new investment court proposed by the European Union and Canadian government. It would be a permanent international, multilateral body that would adjudicate disputes under future and existing investment treaties.

What now for global trade? 8 things we learned from Davos 2017

By: EBR | Friday, February 3, 2017

It’s been an eventful 12 months for global trade. The UK voted for Brexit, the US elected Donald Trump, and anti-globalization sentiment surged across many regions

In a separate report, the World Economic Forum showed that median incomes have declined by 2.4% on average in more than 50 countries, at around $2,500 average per household. “This is at the heart of public discontent,” said Gemma Corrigan, a researcher at the Forum. Despite rhetorical aspirations for inclusive growth, Richard Samans, a member of the managing board of the World Economic Forum, lamented the lack of “practical consensus” among policy-makers and business leaders on how to achieve it.

Business leaders optimistic about future, despite popular discontent

By: EBR | Tuesday, January 17, 2017

Despite the challenging political context and the uncertainty around the new Trump administration, the US surpassed China this year as the most important potential source of economic growth over the coming year

The World Economic Forum’s Inclusive Growth and Development Report 2017 lays out strategies for cutting the current vicious cycle of stagnation and polarisation of income and opportunities.

These are the most inclusive economies in the world

By: EBR | Tuesday, January 17, 2017

Slow growth and rising inequality have reached a tipping point in many of the world’s advanced economies

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