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Because life in China is like living in a startup and life in Europe is like being in a big company. Europe, and in particular Germany is a very controlled place. There is a ministry that is responsible for everything – from registering your company through declaring your profits, there are a large number of rules and regulations that you need to know about, and they will come down hard on you if
The obvious rejoinder to any critique of meritocracy is that, like democracy, it’s the worst system except for all the others that have been tried. Nevertheless, I think it’s still worth considering ways in which our meritocratic institutions – I’m looking at you, Harvard – can improve their outcomes and help mitigate the very real problem of social homogenization.
If, as we wrote about last week and Newsweek suggests, Americans are really in the midst of a creativity crisis, it's not simply our creative endeavors that are in trouble. If our abilities to innovate and solve problems are on the decline, the future of American entrepreneurship may be in jeopardy as well.
But a new trend is emerging to counter Delaware's influence on American corporate policy, and it's pretty thrilling for those of us in the social enterprise sector. In April, Maryland became the first state to allow entrepreneurs to form Benefit Corporations.
“Singapore — a hub for technology startups” might seem like a message lifted straight from marketing brochures and not in tune with reality on the ground. But we got to experience this phenomenon firsthand by organizing one of the leading technology conferences in Asia, Echelon 2010. While there is a lot of talk about the burgeoning Asian tech-startup scene, this event showcased the continent’s
Initiatives such as Y Combinator in San Francisco and TechStars in Boulder, Colorado, provide more than just funding for fledgling entrepreneurs. Most start-ups don't need much money to get going. But that doesn't mean they don't need help. That's where so-called seed accelerators come in -- outfits like Y Combinator in Silicon Valley; the aforementioned TechStars in Boulder, Boston, and soon Sea
China has indicated that it will allow its currency to appreciate - following months of pressure from the US. Some refer to the currency as the yuan, others call it the renminbi. Who is right? Both names are perfectly good, but in slightly different ways. "Renminbi" is the official name of the currency introduced by the Communist People's Republic of China at the time of its foundation in 1949. I
Boom and bust have always been strictly business for Intel and its fearless leader. No wonder high tech's legendary skeptic is also an Internet bull. You could say that the phrase "new economy" doesn't sit well with Andy Grove - if by "doesn't sit well" you mean it drives him slightly batty. Mention it in conversation and Intel's chair emits a low groan, screws up his face, then scrapes his finge
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