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Murder by health hack
On August 29, the US Food and Drug Administration (FDA) issued a recall for nearly half a million pacemakers made by Abbott. The agency found that the devices could be hacked to control pacing or…
What information do startups provide to their venture capital investors?
This is usually due to high levels of risk and uncertainty and a lack of validation of their businesses over time. Due to the high level of uncertainty, a substantial percentage of investments fail…
Is capitalism obsolete?
After communism collapsed in the former Soviet Union, capitalism seemed to many observers like the only game in town, and questioning it became taboo for academic economists. But the financial…
Basel III Finalized. What's next for the US and the EU?
His focus was on the future of US and EU financial relationships as well as tensions between national sovereignty trends and global efforts for regulatory harmonization. "Do bankers and supervisors…
Fire in the belly? Employee motives and innovative performance in start‐ups versus established firms
At least since Schumpeter’s seminal work on creative destruction, it has been widely recognized that entrepreneurs and new firms are important drivers of innovation and economic development. Although…
Seeing the light
Much of the first phase of the energy transformation is complete. Globally, we have shifted our focus from a firm reliance on coal, nuclear, and natural gas to truly imagining a future fueled by…
“It’s not just about autonomous cars. It’s about everything.”
Good afternoon, everybody. It’s a distinct pleasure to be here. I’m going to walk around a bit so my brain can start to live with the audience and I can see your faces a bit on the messages I want…
Imagine alternatives to negotiate more ambitiously
Job offers are not as abundant as they used to be. A recent survey by GMAC, for example, suggests that the average MBA graduate only has a single job offer to choose from. This leaves many feeling…
Annealing. An alternative route to digital transformation.
Most likely your company is exploring how to enter “The Digital Age.” Digital transformation has been a hot topic for the past few years. Established organizations are taking lessons from grown-up…
Nothing is free
Digitization has a tremendous impact on the conduct and the economics of business as it has the power to transform virtually every step in the value chain of almost every industry. Most visibly to…
