Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Innovation’

In Memoriam Clayton Christensen: Storyteller Extraordinaire

Posted by hkarner - 29. Januar 2020

Fores

Clayton Christensen, the Harvard Business School professor who became world-famous for his book, The Innovator’s Dilemma (HBR Press, 1997) and his ideas on disruptive innovation, passed away last night as a result of complications from leukemia treatment at the age of 67.

Christensen was a member of the Latter-day Saint (LDS) community for over 40 years. Unusual for the management field, Christensen held explicit moral and religious convictions. “When I have my interview with God at the end of my life, he’s not going to ask me to show how high I went in anybody’s org chart or how much money I left behind in the bank when I died,” Christensen said. “It’s actually really important you succeed at what you’re succeeding at, but that isn’t going to be the measure of life.”

As a young man, Christensen had studied economics at Brigham Young and, after a two-year leave of absence in which he served as a volunteer full-time missionary for the LDS Church, he earned a master’s degree at Oxford University as a Rhodes Scholar and got an MBA at Harvard Business School. He then worked at Boston Consulting Group before heading back to Harvard for a Ph.D. so he could teach. Over the ensuing decades as a business school professor, Christensen wrote ten books and founded several consulting firms.

Christensen was a charismatic ambassador for his ideas and became a key influence in Silicon Valley. His fans included Apple’s Steve Jobs, Intel’s Andy Grove, and Netflix’s Reed Hastings. He was repeatedly named as the world’s most influential living business thinker. Den Rest des Beitrags lesen »

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The Lesson I Learned from Steve Jobs

Posted by hkarner - 13. Oktober 2019

Date: 12-10-2019
Source: The Wall Street Journal By Marc Benioff

A challenge from technology’s greatest showman led Marc Benioff to a breakthrough insight about how to find true innovation at Salesforce.com.

Long before Marc Benioff became CEO of Salesforce.com, one of the first companies to deliver enterprise software to customers as a subscription over the internet, he was a summer intern at Apple in 1984. That’s where he met Steve Jobs.

I first met Steve Jobs in 1984 when Apple Inc. hired me as a summer intern. Den Rest des Beitrags lesen »

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China Will Live Or Die by Its Digital Economy

Posted by hkarner - 24. September 2019

Date: 23-09-2019
Source: The Wall Street Journal By Nathaniel Taplin

The digital economy is one of the few good options China has to keep growing rapidly

China’s dynamic, entrepreneurial information-technology sector is a reason for optimism.

For China, technological leadership is an existential question.

The world’s second-largest economy has a lot of problems: heavy debt, a rapidly aging population and increasing hostility from its largest trading partner, the U.S. Yet the nation’s dynamic, entrepreneurial information-technology sector is a reason for optimism.

Recent research from the International Monetary Fund highlights just how important this growth driver has become in recent years—and how critical keeping up the momentum is for the nation’s prospects.

Technological innovation is key to all economies, but the fate of China’s high-productivity IT sector has taken on outsize importance. One reason is the government’s failure in recent years—partly for ideological reasons—to make many key reforms which could boost the productivity of the rest of the economy and keep growth chugging along. Den Rest des Beitrags lesen »

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Despite What You Might Think, Major Technological Changes Are Coming More Slowly Than They Once Did

Posted by hkarner - 15. August 2019

Date: 14-08-2019
Source: Scientific American By Wade Roush

Major technological shifts are fewer and farther between than they once were

On June 22, 1927, Charles Lindbergh flew into Dayton, Ohio, for dinner at Orville Wright’s house. It had been just a month since the young aviator’s first ever solo nonstop crossing of the Atlantic, and he felt he ought to pay his respects to the celebrated pioneer of flight.

Forty-two years later, on July 16, 1969, Apollo 11 astronaut Neil Armstrong was allowed to bring a personal guest to the Kennedy Space Center to witness the launch of NASA’s towering Saturn V rocket. Armstrong invited his hero, Charles Lindbergh.

That’s how fast technology advanced in the 20th century. One man, Lindbergh, could be the living link between the pilot of the first powered flight and the commander of the first mission to another world.

In our century, for better or worse, progress isn’t what it used to be. Northwestern University economist Robert Gordon argues that by 1970, all the key technologies of modern life were in place: sanitation, electricity, mechanized agriculture, highways, air travel, telecommunications, and the like. After that, innovation and economic growth simply couldn’t keep going at the breakneck pace set over the preceding 100 years—a period Gordon calls “the special century.” Den Rest des Beitrags lesen »

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Mahrer sucht „radikale Ideen“

Posted by hkarner - 12. April 2019

WKO-Präsident Mahrer will die Forschungsprämie für Mittelständler zugängig machen und Start-up-Investoren steuerlich entlasten.

Wien. Dramatische Musik, Donnerknallen aus dem Lautsprecher, Wirtschaftszahlen flimmern über den Schirm: China, USA, Indien. Alles steigt. Nur Österreich nicht. Da bleibt die Kurve flach, wie das EKG eines sterbenden Patienten. So dramatisch präsentierte die Wirtschaftskammer am Mittwoch ihre neue Innovationsstrategie für Österreich. „Die globalen Entwicklungen sind quasi festgeschrieben“, sagte Kammer-Präsident Harald Mahrer: „Die Wirtschaftsmacht wird sich verschieben. Nach Asien. Aber wir haben die Möglichkeit, uns als extrem innovativer Standort zu positionieren.“

Die neue Strategie der WKO beinhaltet den Aufbau eines „Innovationsradars“. Ein Netzwerk, in dem sich große Konzerne und KMU gleichermaßen zu Innovationen informieren und austauschen können sollen. Zudem soll die Forschungsprämie, welche derzeit bei 14 Prozent liegt, erhalten bleiben – aber besser für kleine und mittelständische Unternehmen zugänglich gemacht werden, sagte Mahrer. Wie heuer Anfang Februar bekannt wurde, geht die Forschungsprämie in Österreich derzeit zu fast 90 Prozent an Großkonzerne.

Wichtig sei auch das Thema Finanzierung. Er sprach sich für einen Beteiligungsfreibetrag für Start-up-Investoren aus. „Hier unterstütze ich die Wirtschaftsministerin voll“, sagte Mahrer. Dies wäre ein Anreiz, um mehr Risikokapital für die Start-up-Branche nach Österreich zu bringen. Wie hoch der Freibetrag sein soll, sagte Mahrer nicht. Von der Jungen Wirtschaft (JW) wurde aber im Jänner ein über fünf Jahre verteilt absetzbarer Freibetrag von 100.000 Euro vorgeschlagen.

„Innovationszonen“ in Salzburg?

Und Mahrer geht noch weiter: Er wünscht sich den Aufbau eines oder mehrerer Fonds, die „radikale Innovation“ und „radikale Ideen“ unterstützen sollen. Dabei solle es um „mutige Experimente“ von Unternehmern gehen. Solch ein Fonds müsste aber aus der Privatwirtschaft kommen, so der Kammer-Chef. Der Staat könne aber die Rahmenbedingungen schaffen. „All das wird nicht funktionieren, ohne dass wir intensiv in Menschen investieren. Das ist die magische Formel. Wir müssen in Bildung investieren, damit die Menschen auf neue, vielleicht radikale Ideen kommen.“

Um die Bedingungen für Unternehmen zu verbessern, will die WKO „Innovationszonen“ einführen. So sollen sich bestimmte Regionen auf einen Innovationszweig konzentrieren und damit zu Hotspots entwickeln. So wäre Salzburg an einer Tourismus-Innovationszone interessiert, führte Mahrer als Beispiel an. Für diese Zonen könnten dann auch gesonderte, „innovationsfreundliche Regulatorien“ gelten, heißt es in dem schriftlichen Papier zur Strategie. (jil/ag.)

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Could robots make us better humans?

Posted by hkarner - 7. März 2019

Date: 06-03-2019
Source: the Guardian

Machines can already write music and beat us at games like chess and Go. But the rise of artificial intelligence should inspire hope as well as fear, says Marcus du Sautoy

Marcus du Sautoy … ‘We often behave too like machines.’

As Marcus du Sautoy greets me at the entrance to New College, Oxford, his appearance is a quiet riot of colour. His clothes rather suggest someone who ran into White Stuff or Fat Face and frantically grabbed anything he could find – in this case, a salmon zip-up top, multihued check trousers and shoes that are a headache-inducing shade of turquoise. When we settle down to talk in a nearby meeting room, he repeatedly glances at a notepad – whose pages, just to add to all the garishness, are a bold shade of yellow.

They are full of what look like scrawled equations, mixed with odd-looking shapes: the raw material, he explains, of a project involving very complicated geometry. “There’s an infinite symmetrical structure that I’m looking at,” he says, “and I think the top bit of it will tell me everything that’s going on inside it. It’s almost like an infinite lake, and I should be able to know everything that’s happening in it by looking at the first centimetre.”

He suddenly looks rather pained. “But I don’t know.”

Du Sautoy, 53, is a professor of maths and a fellow of New College. Eleven years ago, Oxford University made him its Simonyi professor for the public understanding of science, a role ideally suited to a prolific author who is a regular presence on the TV. But a lot of his day-to-day life still seems to revolve around the fascinatingly abstract and complex world of pure maths – which, as his current quest suggests, is becoming ever more onerous and complex. Modern mathematicians stand on top of a body of knowledge that stretches back centuries. A great many theorems have been proved; even some of the most complicated fields of research have been fully explored, and closed off. To appreciably extend human understanding often seems to require unfathomable intellectual leaps. Den Rest des Beitrags lesen »

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No More ‘Next Big Thing,’ Trade Group Says

Posted by hkarner - 1. Februar 2019

Date: 31-01-2019
Source: The Wall Street Journal

This year, the focus will be on fusion of many things in IT, according to report

Global spending on enterprise information technology is expected to grow 3.9% this year, an increase of roughly $200 billion over last year, to a total of more than $5 trillion, according to trade group CompTIA’s latest report.

But the gains won’t be driven by any one new tool or technology, the group said in the report released Wednesday.

Instead, it said, the “next big thing” in enterprise technology this year will be how companies get the most out of the tools and technology they already have by combining IT building blocks, people and processes in innovative ways.

“The next big thing is dead,” the report said, “long live the next big thing.” Den Rest des Beitrags lesen »

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How Germany Lost its Einsteins

Posted by hkarner - 30. Januar 2019

Dalia Marin is a Professor of Economics at the Technical University of Munich and a research fellow at the Centre for Economic Policy Research (CEPR).

Recent research shows that the high inequality of opportunity associated with low inter-generational economic mobility is shrinking America’s pool of potential inventors. In Germany – where social mobility is even lower than in the US – this dynamic is severely undermining innovative entrepreneurship.

MUNICH – Why has Germany, the land of history-making innovators like Johannes Gutenberg and Albert Einstein, not produced high-tech giants like Google, Amazon, or Facebook? Some blame the stigma associated with failure in Germany for discouraging innovative entrepreneurship. Others point to high bureaucratic hurdles to starting a business. But there is another, more worrying reason why Germany has lost its innovative momentum: its potential pioneers from disadvantaged households are not getting the chance to thrive.

According to the OECD, inter-generational earnings elasticity in Germany stands at about 50%, meaning that if person A’s parent earned double what person B’s parent earned, person A will earn, on average, 50% more than person B. With such persistent earnings differentials across generations, Germany has one of the lowest rates of inter-generational mobility in the OECD – where the average elasticity is 38% – and it seems to be declining. Den Rest des Beitrags lesen »

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The new elite’s phoney crusade to save the world – without changing anything

Posted by hkarner - 27. Januar 2019

Date: 26-01-2019
Source: The Guardian

Today’s titans of tech and finance want to solve the world’s problems, as long as the solutions never, ever threaten their own wealth and power. By Anand Giridharadas

A successful society is a progress machine. It takes in the raw material of innovations and produces broad human advancement. America’s machine is broken. The same could be said of others around the world. And now many of the people who broke the progress machine are trying to sell us their services as repairmen.

When the fruits of change have fallen on the US in recent decades, the very fortunate have basketed almost all of them. For instance, the average pretax income of the top 10th of Americans has doubled since 1980, that of the top 1% has more than tripled, and that of the top 0.001% has risen more than sevenfold – even as the average pretax income of the bottom half of Americans has stayed almost precisely the same. These familiar figures amount to three-and-a-half decades’ worth of wondrous, head-spinning change with zero impact on the average pay of 117 million Americans. Globally, over the same period, according to the World Inequality Report, the top 1% captured 27% of new income, while the bottom half of humanity – presently, more than 3 billion people – saw 12% of it. Den Rest des Beitrags lesen »

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After the Smartphone: The Race for the Next Big Thing

Posted by hkarner - 13. Januar 2019

Date: 12-01-2019
Source: The Wall Street Journal

Venture-capital investors are spraying money into fields like virtual reality, driverless cars and even implants in the brain

As the smartphone market matures, startups are racing to predict what’s next, and venture-capital firms are spraying money into fields like virtual reality, smart watches and even implants in the brain. Here are some of the startups attracting investment.

Magic Leap

Investors including Google parent Alphabet Inc. and Saudi Arabia’s main wealth fund have poured money into this much-hyped maker of augmented-reality glasses. The bugeye-like glasses with tinted lenses—released only to software developers thus far—overlay virtual reality-like images onto the real world, designed for use by gamers and neurosurgeons alike. Early reviews have been lukewarm. Funds raised: $2.4 billion. Latest Valuation: $6.4 billion, according to PitchBook Inc. Den Rest des Beitrags lesen »

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