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Wednesday, 22 July 2015

How Does Australia Stack Up?

The World Economic Forum has released its 2014-2015 Global Competitiveness Report, examining the economic performance of 144 economies across 12 key pillars. Its a comprehensive report that allows easy comparison across countries.

Overall Australia ranks 22nd out of the 144 economies surveyed for global competitiveness, and there is a nice graphic of Australia's performance against each of the 12 pillars at: http://bit.ly/Adapt1HHELZa

A lot of the information will be thought provoking for business managers and policy makers, giving a starting point for improvement initiatives. An example is the Innovation pillar with Australia ranked 25th, and the results for each of the 7 sub-categories showing a lack of consistency with a range of results. http://bit.ly/Adapt10vGHXe

• 12.01 Capacity for innovation (27)
• 12.02 Quality of scientific research institutions (9)
• 12.03 Company spending on R&D (39)
• 12.04 University - Industry collaboration (21)
• 12.05 Government procurement of advanced technology products (73)
• 12.06 Availability of scientists (27)
• 12.07 PCT patent applications (21)

The 2014-2015 Global Competitiveness Report can be found at: http://bit.ly/Adapt1ROxajy
or as a pdf  http://bit.ly/Adapt1TP1EPZ

Friday, 5 June 2015

Exploiting the Power of Crowd Sourcing

An interesting article on exploiting the power of crowd sourcing, or as the researchers are now calling it human computation, to tackle complex problems ranging from identifying spiral galaxies to organising disaster relief. 

Will large organisations be able to use it internally to access the creativity of their employees, and can smaller companies can use it to access thinking they don't directly control.

Wednesday, 14 January 2015

The 100 Best Economics Books of All TIme

A wide ranging list of economics books, with a focus on international economics and the 2008 financial crash, worth a look.

"The 100 Best Economics Books of All Time list includes works by many of the great economists along with many leading books on major issues in the field. The list is for those with a serious interest in economics, but not necessarily for economics professionals; it contains some books on the principles of economics, but is light on theory, focussing on more readable texts. 

The list has a strong focus on international economics and the financial crash of 2008. It covers a wide range of ideologies, featuring the likes of Adam Smith, Schumpeter and Hayek, and Keynes, Marx and Kropotkin.