Improving the value proposition of the meso layer to enterprises

Updated and refined, 12 April 2020 When working to improve the performance of any sector or value chain, we are often confronted with a range of meso organisations or programmes designed to support upgrading, skills development and better decision making in small businesses in the targeted sector. While mapping these organisations is not so difficult,… Continue reading Improving the value proposition of the meso layer to enterprises

The evolution of technologies, industries and regions

In the earlier research on technological evolution in the 1970-1995 period, attention was mainly paid to either a whole economy or a single sector or technological paradigm. It is broadly understood from this research that different industries and technologies evolve at different rates. This means that over time, some industries may be more important than… Continue reading The evolution of technologies, industries and regions

Industry 4.0, IoT, 3D printing and more. Why some technologies diffuse so quickly and others don’t

Revised on 2 March 2018. I receive questions daily about the Internet of Things, Industry 4.0, 3D printing and many other technologies and whether and how I think these technologies will disrupt manufacturing and education in particular and the world in general. These questions are not only from government officials, but also from businesspeople, friends… Continue reading Industry 4.0, IoT, 3D printing and more. Why some technologies diffuse so quickly and others don’t

Significance over scale when selecting sectors

When promoting territorial economic development from an innovation systems perspective it is important to find ways of increasing the use of knowledge and innovation in the region. However, in mainstream economic development there is a tendency to target the private sector based on scale. This means that practitioners look at quantitative measures such as jobs, numbers of… Continue reading Significance over scale when selecting sectors

Four functions of innovation and technology management

Originally published in November, 2015, revised in March 2018 I would like to continue the “Instigating Innovation” series (see opening post here, where to start and the post about culture here). The idea behind this series is that I explain innovation management concepts that can be used by both enterprises and technology transfer and industry support institutions. To recapitulate:… Continue reading Four functions of innovation and technology management

On market failures – perhaps you are too close

I am often involved in coaching and capacity building a different kinds of private sector development experts working in the developed and developing world. I am sometimes shocked when I realize that a practitioners or programme managers in the field involved in market development do not understand some of the basics of how markets work… Continue reading On market failures – perhaps you are too close

Entrepreneurs and markets

While most entrepreneurs depend on functioning and competitive markets to survive, there are those entrepreneurs that actually thrive in imperfect markets. These are the entrepreneurs that creates a business around something like an information failure, high costs of finding suppliers or customers (brokering), or overcoming economies of scale (for instance by leasing expensive equipment on… Continue reading Entrepreneurs and markets

Building institutions that supports knowledge flows to industry

It sounds like a cliche to state that manufacturing has changed a lot in the last 30 years. Yet people often say this without thinking of how it has changed. It is not just about the size of our manufacturers, or the increased competition from Asia or elsewhere. It is also not about the sophisticated… Continue reading Building institutions that supports knowledge flows to industry

Book announcement: Understanding Market Failures in an Economic Development Context

This is the long awaited book on Market Failures. The cover page illustration of the hard copy is by Lina Stamer and is an image that I use when I present the popular training session on how to address market failure in a practical way. The book is available for free as a E-book, or… Continue reading Book announcement: Understanding Market Failures in an Economic Development Context

Some market related reading

Thank you all for the comments and e-mails on my previous posting regarding markets. I promise to continue that thread in a few days time. Here are some of my favourite books on markets! To read more about market systems, their histories, and a broad overview of the topic, start with Reinventing the bazaar: a… Continue reading Some market related reading