The recent woes of the US manufacturing sector have prompted the search for an effective solution for its resuscitation. Such a plan can aid the big three automotive companies in regaining their market share. This article takes a holistic approach in addressing this issue and attempts to, at...

Globalization has benefited the economies of member countries of the Organization for Economic Cooperation and Development (OECD) by helping their businesses stay profitable through cost-effective outsourcing of mostly garden-variety tasks and some knowledge-based activities. With time, the...

Global warming and the recent financial crises have prompted a rethink among businesses on the production of cost-effective products and services. Frugal-innovations, with their genesis mainly in India, are accordingly becoming popular in emerging and developed economies due to their lower costs...

We know that innovation is vital to economic prosperity, especially over the past century. Can we now treat innovation as a commodity that can be traded in the financial markets? The authors propose an innovation derivative that can improve returns for investors in new pipelines of ideas

Innovation will have an increasingly important place in the future prosperity of the world. But can we develop reliable models for quantifying innovations that enahnce social capital? This piece describes the work of one economist who has developed a technically demanding but fascinating...