DeansTalk - 22 April - Business and Climate Change: https://t.co/I166lGpHLF— BizDeansTalk (@BizDeansTalk) June 28, 2016
DeansTalk - 22 April - Business and Climate Change: https://t.co/I166lGpHLF— BizDeansTalk (@BizDeansTalk) June 28, 2016
Internet governance is one of the most pressing global public policy issues of our time. Some estimates put the economic contribution of the Internet as high as $4.2 trillion* in 2016.1 The Internet of Things (IoT) could result in upwards of $11.1 trillion in economic growth and efficiency gains by 2025.2 And, the Internet is more than simply a system of wealth generation; it also acts as a platform for innovation, free expression, culture and access to ideas. Yet across multiple levels, the Internet’s basic functionality and the rights of users are under strain.
Abstract: The political economy literature provides several compelling explanations for inefficent policies and institutions that abstract from any responsibility on the part of voters. In this paper, we explore one way in which voters may also be to blame, by studying whether and why they may systematically err by demanding certain forms of bad policy. We show that a majority of subjects in an experiment vote against policies that would help them overcome social dilemmas. This is due to their failure to fully anticipate the equilibrium effects of new policies. More precisely, subjects systematically under-appreciate the extent to which policy changes affect other people's behavior, and this results in increased demand for bad policy. In addition, we find that one-third of subjects do not appreciate how their own behavior will adapt to the new policy. The overall implication is that, in regimes where voter preferences affect policy selection, the under-appreciation of equilibrium effects by voters could adversely affect the policies that get adopted.
UPDATE“What is the EU?” Google Trend misuse after Brexit “The peak was merely ~1000 people!
Beware of relative increases: Base rates and Google Trend misuse after Brexit https://t.co/f0CYJ7EWak— David McKenzie (@dmckenzie001) June 27, 2016
Power without accountability in our tabloid press,18 Junehttps://t.co/uAleKNagES Prof of Economic Policy,Blavatnik School of Gov, Oxford U— BizDeansTalk (@BizDeansTalk) June 25, 2016
Leaving will reconfigure the UK economy https://t.co/oJNASmw7mJ— Martin Wolf (@martinwolf_) June 24, 2016
David Cameron took a huge gamble and lost. The fearmongering and outright lies of Boris Johnson, Michael Gove, Nigel Farage, The Sun and the Daily Mail have won.
... They then will have to do what Brexiters failed to do during their mendacious campaign — map out a plan for unravelling the UK’s connections with the EU...
This is, for me, among the saddest of hours.
DAILY MAIL COMMENT: Take a bow, Britain! The quiet people of our country rise up against an arrogant, out-of-touch political class and a contemptuous Brussels elite
In what was a preposterous and mendacious Remain campaign...
Deutsche Bank aims to raise €1bn from socially responsible products https://t.co/ej36dJXLrK June 19, 2016— BizDeansTalk (@BizDeansTalk) June 22, 2016
Roll up for Brexit - a fake revolt of the underclass, led by the rich https://t.co/oP4ezBUJwD— Paul Mason (@paulmasonnews) June 21, 2016
Why Ireland is so fearful of our closest neighbour leaving the EU | Enda Kenny https://t.co/xsIvYPtSN8— The Guardian (@guardian) June 20, 2016
The Guardian view on the EU referendum: keep connected and inclusive, not angry and isolated | Editorial https://t.co/xyRUqzqZhJ— The Guardian (@guardian) June 20, 2016
Prof. Paul Craig on Brexit, Sovereignty and Reality: challenging the factual misconceptions that circulating https://t.co/VurFP8rOoE— Oxford Human Rights (@OxHRH) June 21, 2016
Why has Official Ireland lined up so unambiguously on one side in a debate with two potential outcomes and uncertain ramifications? ...
I see in Ireland the anti #Brexit propaganda has been ratcheted up another notch or two! Propaganda is always terrifying.— David McWilliams (@davidmcw) June 20, 2016
Who am I to question Officialdom and say Brexit will be good for us?https://t.co/rw0pKOHyuE— David McWilliams (@davidmcw) June 16, 2016
German high court rejects case against ECB crisis tool https://t.co/HjP7hGGe1d— Financial Times (@FinancialTimes) June 21, 2016
Hans-Werner Sinn, Professor of Economics and Public Finance at the University of Munich, was President of the Ifo Institute for Economic Research and serves on the German economy ministry’s Advisory Council. He is the author, most recently, of The Euro Trap: On Bursting Bubbles, Budgets, and Beliefs
MUNICH – June is shaping up to be a fateful month for the European Union. On June 21, the German Constitutional Court will rule on a challenge to a bond-buying program that is central to the European Central Bank’s response to the continent’s debt crisis. Two days later, voters in the United Kingdom will decide whether the UK should exit the EU. Both decisions will have serious consequences for the EU’s long-term political and economic stability.
The judgment by the German court is the less spectacular of the two, but it addresses the heart of the ECB’s interpretation of the Maastricht Treaty. The plaintiffs, who include members of the Bundestag, have questioned whether the Bundesbank should be allowed to participate in the ECB’s outright monetary transactions (OMT) program, arguing that it violates Articles 123 and 125 of the EU Treaty, which they claim forbids government bailouts with the printing press.
That would put an end to some pipe dreams, but it would also mean taking a step toward strengthening accountability and put the eurozone back on the path to hard budget constraints, without which no economic system can survive.
Here a video clip with my remarks on green energy made— Hans-Werner Sinn (@HansWernerSinn) May 13, 2016
by the University of Amsterdam: https://t.co/wumgx94FJu
Brexit would cause significant damage to the UK economy & to the employment & well being of Britons. The UK is much better off inside the EU— Nouriel Roubini (@Nouriel) June 21, 2016
Brexit could stall the UK economy and tip it into a recession as the shock to business and consumer confidence could be severe— Nouriel Roubini (@Nouriel) June 21, 2016
The UK - having large twin current account & fiscal deficits - may risk a sharp currency fall & a sudden stop of capital following Brexit— Nouriel Roubini (@Nouriel) June 21, 2016
Two of us (Suntae Kim and Todd Schifeling) conducted research to build a more robust understanding of the rise of B corporations.
to prove that they are more genuine, authentic advocates of stakeholder benefits. For instance, certifying firms often highlighted how B corporation certification would help them stand out “in the midst of a ‘greenwash’ revolution”...
believed “the major crises of our time are a result of the way we conduct business,” and they became a B Corporation to “join the movement of creating a new economy with a new set of rules”
Stand out “in the midst of a ‘greenwash’ revolution”:
2/2. We should listen to experts when they warn us of the dangers to our economy of leaving the European Union.— David Cameron (@David_Cameron) June 16, 2016
199 economists' phones currently not ringing; media not interested dat dey conclude Brexit wd b an economic mistakehttps://t.co/vwKFc27z53— BizDeansTalk (@BizDeansTalk) May 14, 2016
Our survey documents danger: whopping 71% of respondents said they're thinking of leaving UK in case of Brexit https://t.co/9YJA9hsJon— Academics for Europe (@academicsforeu) June 16, 2016
TCD and UCD come together to create €60m start-up fund https://t.co/kCUPQgoFbY— Irish Times Business (@IrishTimesBiz) June 17, 2016
Ireland’s biggest universities TCD and UCD create €60m start-up super fund https://t.co/rzRilmVMSe— SiliconRepublic (@siliconrepublic) June 17, 2016
Germany scored well on perceptions of all 10 entrepreneur-related attributes measured, notably earning a perfect 10 for “well-developed infrastructure” and a near-perfect 9.8 for “educated population.” The Best Countries e-book, a companion to the report, notes that Germany has long been friendly to small- and medium-sized enterprises, the so-called ‘Mittelstand.’...
Interesting: Every year, since 2012, have been record years for Spanish VC investments. +83% growth from 2014-2015! pic.twitter.com/l9wdBaEwcQ— Mundi Ventures (@mundi_ventures) June 8, 2016
Lena Apler, founder Collector, Anders Borg, former Finance minister, Jacob De Geer, founder iZettle, Dan Olofsson, founder Sigma, Martin Lorentzon, co-founder Spotify, Sebastian Siemiatkowski, co-founder Klarna, Jessica Stark, co-founder SUP46, Maria Rankka, CEO Stockholms handelskammare, Niklas Zennström, founder Atomico
Stockholm has become the center for startups. It is impressive yet follows a long tradition in the country; Ericsson, Ikea, SKF and Hennes & Mauritz were all born in Sweden.
Sweden is an incredible country. We have a high level of creativity and are constantly proving our ability to establish global businesses.
c.f. 9 June, 2016 DeansTalk, Financer l’innovation en France pour créer des emplois (la Revue Socialiste n°62) - Olivier Mathiot
The Promise of Crowdfunding and American Innovation, June 8, 2016
In May, the final “crowdfunding” rule of the U.S. Securities and Exchange Commission (SEC) went into effect, making it possible for entrepreneurs across the country to raise small-dollar investments from ordinary Americans.
“This bill is a potential game changer. Right now, you can only turn to a limited group of investors -- including banks and wealthy individuals -- to get funding…Because of this bill, start-ups and small business will now have access to a big, new pool of potential investors -- namely, the American people. For the first time, ordinary Americans will be able to go online and invest in entrepreneurs that they believe in.”
With this new SEC rule, entrepreneurs can now raise up to $1 million from regular investors annually through regulated online platforms. This is a potential game changer for many kinds of entrepreneurs—from the tech company founder bringing her new innovation to global markets, to the Main Street small business owner opening a new store in his local community.
Innovation can co-exist side-by-side with low productivity (conversely, productivity growth is sometimes possible in the absence of innovation, when resources move to the more productive sectors).
German universities — technical and otherwise — account for 24 of the 100 ++innovative universities in Europe,Dmost. https://t.co/5xxYHdpIbf— BizDeansTalk (@BizDeansTalk) June 14, 2016
This probably understates SF Bay Area tech dominance, since patents are out of fashion in much of Silicon Valley. https://t.co/io6nATrOlS— Marc Andreessen (@pmarca) May 25, 2016
Prof. @Richard_Florida : That’s the big takeaway from a new study, which looks at the changing geography of innovation across the U.S. over the past four decades. The study—by my University of Toronto colleague Avi Goldfarb, along with Chris Forman of the Georgia Institute of Technology and Shane Greenstein of Harvard University—takes a detailed look at trends in patents (the most commonly used measure of innovation) across U.S. metros between 1976 and 2008.
8 March 2015:
8 March- Xavier Ferras -refers to Skills and Innovation Strategies to Stregthen Manufacturing: Lessons From Germany. https://t.co/vZvYTuXVAi— BizDeansTalk (@BizDeansTalk) June 14, 2016
ESTADOS UNIDOS APRENDE DE ALEMANIA EN INNOVACIÓN— BizDeansTalk (@BizDeansTalk) June 14, 2016
8 de marzo de 2015https://t.co/tzcmqO7ck7
U.N. backed Sulitest https://t.co/lMvvYAiYaS 8— BizDeansTalk (@BizDeansTalk) August 10, 2015
langs & used by 275 universities - taken by 26,000 students from 34 countries in 1 year KEDGE
28 avril 2015
Il y a beaucoup d’argent en France, mais il est « épargné » et non pas « investi ». Ainsi le goût du risque mériterait d’être au cœur d’un projet de société progressiste. C’est l’occasion de réconcilier le grand public avec la création d’entreprise et l’innovation.
(clairsemé = scattered, sparse)
Blogmaster's two cents:
Are Syndicates the Killer App of Equity Crowdfunding? @Startupxplore CMR, Wint16 Prelim evidence-> meaningful role,alloc capital early-stage— BizDeansTalk (@BizDeansTalk) May 6, 2016
California Management Review, Vol. 58 No. 2, Winter 2016 https://t.co/Sxiv2LMRXn Are Syndicates the Killer App of Equity Crowdfunding?— BizDeansTalk (@BizDeansTalk) May 6, 2016
Investments in renewable energies (with the exception of bioenergy) are characterised by high upfront costs and low operational costs. Once an investment decision has been taken, investors have little room for adapting it to changing regulatory and market conditions. Political or regulatory uncertainty increases the risk for investors, and consequently raises the cost of capital,38 making the overall investment more costly.39 Some Member States have made retroactive changes to their RES support schemes, which has undermined investors' confidence.40
This paper analyses the development of renewable energy sources (RES) in the EU, with a focus on support mechanisms at the EU and Member State level, including current and upcoming reforms. It presents the principal support mechanisms for RES, as well as developments in selected Member States, outlines the main technical and regulatory challenges associated with an increasing share of renewable energy and highlights the involvement and positions of the European Parliament. The development of renewable energy sources (RES) is a priority for the European Union. One of the goals of the EU Energy Union strategy is making the EU the world leader in renewable energies
Investors give unprecedented voting support 4 climate ‘stress-test’ at ExxonMobil & Chevron annual meetings today https://t.co/itCBLzn8C3— George Serafeim (@GeorgeSerafeim) May 25, 2016
@PaulPolman, CEO Unilever, 29 May 2016
RTd by @GeorgeSerafeim
Corporate Sustainability: First Evidence on Materiality Mozaffar Khan, George Serafeim, and Aaron Yoon (HBS)
Khan, Mozaffar N., George Serafeim, and Aaron Yoon. "Corporate
Sustainability: First Evidence on Materiality." Harvard Business
School Working Paper, No. 15-073, March 2015.
An increasing number of companies make sustainability investments, and an increasing number of investors integrate sustainability performance data in their capital allocation decisions. To date however, the prior academic literature has not distinguished between investments in material versus immaterial sustainability issues. We develop a novel dataset by hand-mapping data on sustainability investments classified as material for each industry into firm-specific performance data on a variety of sustainability investments. This allows us to present new evidence on the value implications of sustainability investments. Using calendar-time portfolio stock return regressions we find that firms with good performance on material sustainability issues significantly outperform firms with poor performance on these issues, suggesting that investments in sustainability issues are shareholder-value enhancing. Further, firms with good performance on sustainability issues not classified as material do not underperform firms with poor performance on these same issues, suggesting investments in sustainability issues are at a minimum not value-destroying. Finally, firms with good performance on material issues and concurrently poor performance on immaterial issues perform the best. These results speak to the efficiency of firms’ sustainability investments, and also have implications for asset managers who have committed to the integration of sustainability factors in their capital allocation decisions.
RTd by PwC_sustainability @PwCclimateready
Tweets by @malcolmhpreston
My report on how General Mills and Kellogg are tackling GHGs (it's about supply chain). https://t.co/xeSCeB5LLb— Andrew Winston (@AndrewWinston) June 1, 2016
please define "clean economy" is that natgas ? No way solar/wind comes remotely close to global energy needs
Making the case for wind power: a new wind-forecasting algorithm could justify investing in this renewable energy https://t.co/aIduIsxfEy— IEEE Xplore (@IEEEXplore) April 1, 2016