Recently, there has been a lot of discussion about the possible future uses and benefits of blockchain platforms and related technologies, such as smart contracts. This has led to talk of a “blockchain revolution.” Much of this discussion was triggered by the recent “crypto-hype.” We...

Advocates of blockchain believe that distributed ledger technologies can provide us with a technological infrastructure to challenge the concentrated power of tech giants such as Amazon, Facebook and Google, and create a more equitable, sustainable and decentralized world. This paper considers...

There is something special about venture capital. And this “special something” goes beyond the large financial returns that can come from investing in successful start-ups. At its core, venture capital is about identifying the life-changing innovations of tomorrow and then facilitating the...

The Model Pacific Climate Treaty presented in this report is a draft model treaty for the Pacific region aimed at averting the multiple threats posed by climate change. The initiative of a Pacific Climate Treaty builds on the momentum of the Paris Agreement adopted under the United Nations...

Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To what extent has this potential been realized so far? What can be done to improve the performance of PPI in this regard? This paper addresses these issues by providing a literature...

This paper reviews various approaches to measuring business innovation from the angle of capturing social innovations and offers several methodological and policy conclusions. First, the Innovation Union Scoreboard (IUS) indicators in principle could be useful in settings where the dominant mode...

This paper reviews various approaches to measuring business innovation from the angle of capturing social innovations and offers several methodological and policy conclusions. First, the Innovation Union Scoreboard (IUS) indicators in principle could be useful in settings where the dominant mode...

This paper reviews recent economic theorising on innovation from the angle of analysing social innovations (SI). It is structured as follows: Some of the basic notions used in innovation analyses are considered in section 2, focusing on the subject, objectives and levels of change. Section 3...

Our world is changing at dizzying speed. Globalisation, technological innovation, and demographic change are creating both new demands and opportunities. The Internet is fascinating and frivolously affecting our work and life. E-governance has become the order of the day. How do we respond? How...

Hometown Tax Donation is designed to bolster regional economies through the provision of reciprocal gifts by local businesses, and can be regarded as a unique SME policy which is not reliant on subsidies, but instead, offers businesses the incentive to develop attractive products and yields...