Where Einstein Meets Edison

Are Entrepreneurs the Source of Economic Crises?

Are Entrepreneurs the Source of Economic Crises?

Sep 14, 2010

Entrepreneurship is often depicted as the solution to society’s problems, the sure path to higher economic growth for nations. Countless journal articles and books have glorified entrepreneurs, turning the Gateses and Zuckerbergs of the world into celebrities and icons. In this concert of praises, casting a critical eye onto entrepreneurship has become a...

Where Are All the Entrepreneurs Gone in Japan?

Where Are All the Entrepreneurs Gone in Japan?

Mar 20, 2010

For a nation that once boasted the likes of Sony, Toyota and Mitsubishi as its entrepreneurial heralds, Japan’s entrepreneurial record in the new millennium is surprisingly sparse. Indeed, entrepreneurs in Japan have become the exception rather than the norm. Common problems faced by aspiring entrepreneurs include the lack of venture capital, labyrinthine...

The Interaction Hierarchy: A Theory of Technical Standards and Regulations

The Interaction Hierarchy: A Theory of Technical Standards and Regulations

Feb 28, 2010

Standards and regulations are at the very core of what makes us human. Without standard interactions and methods of communication, what we now consider “society” could never have developed. Nonetheless, we are constantly innovating, creating new products and processes that do not yet have standard parts or regulated interactions. This leads to one of the...