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A significant development in the global economy over the last two decades has been the emergence of businesses that organize and define themselves as “platforms.” By platform, we refer to any organization that uses digital or other emerging technologies to create value by facilitating or...
Persistent link: https://www.econbiz.de/10012893245
We live in a world that has historically been dominated by centralized, hierarchical organizations. Such organizations are characterized by (i) a centralized source of authority; (ii) a formal hierarchy with clearly defined “roles”; and, (iii) standardized operational systems and procedures...
Persistent link: https://www.econbiz.de/10012898567
In an age of constant, complex and disruptive technological innovation, knowing what, when, and how to structure regulatory interventions has become more difficult. Regulators find themselves in a situation where they believe they must opt for either reckless action (regulation without...
Persistent link: https://www.econbiz.de/10012935597
FinTech and financial inclusion have become widely discussed topics in recent years. How can we promote technology-driven entrepreneurship and support micro-businesses in the various fields of financial services? How can we encourage more diversity and inclusion in the world of finance? There...
Persistent link: https://www.econbiz.de/10012823259
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...
Persistent link: https://www.econbiz.de/10012871565
In this essay, we utilize our personal experience with two “data points” (namely policymakers and students) to argue that all levels of government need to re-evaluate current approaches to the regulation of emerging technologies. More specifically, governments need to delegate much of the...
Persistent link: https://www.econbiz.de/10012871595
Although economic globalization has transformed contemporary conceptions of space, location still matters enormously for both individual entrepreneurs seeking to develop a sustainable business and policy makers looking to foster entrepreneurship within a particular city or region. In making the...
Persistent link: https://www.econbiz.de/10012979919
We are witnessing a quiet but quick transformation of corporate governance. The rise of digital technologies and social media are forcing companies to reconsider how they organize themselves and structure firm governance. What is interesting is that the corporate governance discussions haven't...
Persistent link: https://www.econbiz.de/10012860872
When we talk about the “governance” of business organizations, we usually refer to responsibility and regulatory compliance, and answering the question: “how should an organization be directed, monitored, and held more accountable?” In this paper, we take recent developments in the car...
Persistent link: https://www.econbiz.de/10012985240
Seven “Corporate Venturing” Strategies to Foster Innovation tackles the question: What should companies do to accelerate innovation and remain relevant? Or, stated differently: What should companies do to avoid being disrupted by more agile and innovative startups? One answer is corporate...
Persistent link: https://www.econbiz.de/10012985241