Upcoming S Korea casino to be closed to locals; There are 17 casinos in South Korea, but only one is open to Koreans

April 2, 2014 Leave a comment

Upcoming S Korea casino to be closed to locals despite potential benefits

By Korea Bureau Chief Lim Yun Suk 
POSTED: 21 Mar 2014 16:37
South Korea is planning to build its first Las Vegas-style casino and entertainment resort. But the integrated resort will be closed to locals, at least for the time being.

SEOUL: South Korea is planning to build its first Las Vegas-style casino and entertainment resort. Read more of this post

Filed under Macro Trends

Jony Ive ‘Is A Much More Controversial Figure’ Inside Apple Than People Realize, Says Apple Author

April 2, 2014 Leave a comment

Jony Ive ‘Is A Much More Controversial Figure’ Inside Apple Than People Realize, Says Apple Author

JAY YAROW TECH  MAR. 22, 2014, 8:03 PM

When Steve Jobs died, he left a gaping hole at the top of Apple.

No matter what you want to believe about Apple, there is no denying that Jobs was the keystone that held Apple together. It was his vision for what consumers would want that led the company’s success for 14 years. Read more of this post

Filed under TMT Trends

The future of university education: What it takes to be educated

April 2, 2014 Leave a comment

Updated: Saturday March 22, 2014 MYT 7:54:53 AM

The future of university education

What it takes to be educated

THE inaugural Conference on South-East Asia held in conjunction with the official launch of the Jeffrey Cheah Institute on South-East Asia (JCI) by the Deputy Prime Minister on March 18 had as its theme: Overcoming the Middle Income Trap and Keeping Balance Amid Global Turbulence. Read more of this post

Filed under Life

Shipping Alliance Set to Make Waves; Maersk and Two Other Container Shippers Aim to Cuts Costs Amid Overcapacity

April 2, 2014 Leave a comment

Shipping Alliance Set to Make Waves

Maersk and Two Other Container Shippers Aim to Cuts Costs Amid Overcapacity

COSTAS PARIS

March 21, 2014 3:40 p.m. ET

LONDON—After sailing past U.S. regulators, a major shipping alliance is on course to roil the global container business, by reducing costs for the world’s biggest operators, while squeezing smaller shippers. Read more of this post

Filed under Macro Trends

Novartis Chairman Stresses Need for R&D Investment; ‘We Need to Add Value,’ Says Jürg Reinhardt

April 2, 2014 Leave a comment

Novartis Chairman Stresses Need for R&D Investment

‘We Need to Add Value,’ Says Jürg Reinhardt

MARTA FALCONI

March 22, 2014 3:46 a.m. ET

BASEL, Switzerland— Novartis AG NOVN.VX +0.76% needs to continue investing in research in order to develop new drugs that national health-care systems are willing pay for, a task that gets harder as generic versions of older medicines become available, according to the company’s chairman. Read more of this post

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Brain implants: Because you’ve always wanted to think more like Einstein

April 2, 2014 Leave a comment

Brain implants: Because you’ve always wanted to think more like Einstein

BY DOMINIC BASULTO

March 20 at 7:52 am

As we learn more about how the human brain works, it may be possible to develop brain implants for the enhancement of learning, memory and concentration. (Oli Scarff/Getty Images) Read more of this post

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The Accidental Internationalists: A Theory of Born Globals

April 2, 2014 Leave a comment

The Accidental Internationalists: A Theory of Born Globals

Jean-François Hennart 

Tilburg University – Center and Faculty of Economics and Business Administration
January 2014
Entrepreneurship Theory and Practice, Vol. 38, Issue 1, pp. 117-135, 2014

Abstract: 
The distinguishing characteristic of international new ventures/born globals (INVs/BGs) is that they have foreign sales from the outset, or very quickly afterward. I argue that this is due to their business model. INVs/BGs sell to spatially dispersed customers distinctive niche products that incur low communication, transportation, and adaptation costs. In contrast to the firms described by the Uppsala model, selling to foreign customers does not require additional time or effort for INVs/BGs. Thus INVs/BGs can be seen as accidental internationalists.

 

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Shouting from the Ivory Tower: A Marketing Approach to Improve Communication of Academic Research to Entrepreneurs

April 2, 2014 Leave a comment

Shouting from the Ivory Tower: A Marketing Approach to Improve Communication of Academic Research to Entrepreneurs

Paul Steffens 

Queensland University of Technology – School of Management

Clinton S. Weeks 

Queensland University of Technology

Per Davidsson 

Queensland University of Technology – Brisbane Graduate School of Business

Lauren Isaak 

Queensland University of Technology
March 2014
Entrepreneurship Theory and Practice, Vol. 38, Issue 2, pp. 399-426, 2014

Abstract: 
Evidence‐based practice in entrepreneurship requires effective communication of research findings. We focus on how research synopses can “promote” research to entrepreneurs. Drawing on marketing communications literature, we examine how message characteristics of research synopses affect their appeal. We demonstrate the utility of conjoint analysis in this context and find message length, media richness, and source credibility to have positive influences. We find mixed support for a hypothesized negative influence of jargon, and for our predictions that participants’ involvement with academic research moderates these effects. Exploratory analyses reveal latent classes of entrepreneurs with differing preferences, particularly for message length and jargon.

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Astrophysics: A telescope at the South Pole has made the biggest cosmological discovery so far this century

April 1, 2014 Leave a comment

Astrophysics: A telescope at the South Pole has made the biggest cosmological discovery so far this century
Mar 22nd 2014 | From the print edition
ONE useful feature of a scientific theory is that it makes testable predictions. Such predictions, though, do not have to be testable straight away. Physics is replete with prophecies that could be confirmed or denied only decades later, once the technology to examine them had caught up. The Higgs boson, for example, was 50 years in the confirming. Read more of this post

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IMF’s Property Tax Hike Proposal Comes True With UK Imposing “Mansion Tax” As Soon As This Year

April 1, 2014 Leave a comment

IMF’s Property Tax Hike Proposal Comes True With UK Imposing “Mansion Tax” As Soon As This Year
Tyler Durden on 03/22/2014 09:50 -0400
One could see this one coming from a mile away.
It was a week ago that we highlighted the latest implied IMF proposal on how to reduce income inequality, quietly highlighted in its paper titled “Fiscal Policy and Income Inequality”. The key fragment in the paper said the following: Read more of this post

Filed under Macro Trends

Howard Lindzon’s key to investing: “The key to investing in general is not to chase”

April 1, 2014 Leave a comment

Howard Lindzon’s key to investing
BY CARMEL DEAMICIS
ON MARCH 20, 2014
If you’re going to take stock market investing tips from anyone in the tech world, Lindzon might be the guy. He’s a Wall Street fanatic who runs a hedge fund and founded two companies in finance — one that was a business news satire show, and the other that is a Twitter-like platform for dishing on the stock market. Read more of this post

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Autodesk has found new life with the maker revolution. (It just took a while)

April 1, 2014 Leave a comment

Autodesk has found new life with the maker revolution. (It just took a while)
BY JAMES ROBINSON
ON MARCH 19, 2014
Autodesk CEO Carl Bass first saw a 3D printer in the mid-1980s. He was the head of his own computer graphics company then and was invited down to a factory to check one out. He expected to walk into a full industrial warehouse and instead found an empty space with a 3D printer the size of a soda machine whirring away in the middle. Read more of this post

Filed under TMT Trends

Shiller: The Global Economy’s Tale Risks; Fluctuations in the world’s economies are largely due to the stories we hear and tell about them

April 1, 2014 Leave a comment

ROBERT J. SHILLER
MAR 20, 2014
The Global Economy’s Tale Risks
TOKYO – Fluctuations in the world’s economies are largely due to the stories we hear and tell about them. These popular, emotionally relevant narratives sometimes inspire us to go out and spend, start businesses, build new factories and office buildings, and hire employees; at other times, they put fear in our hearts and impel us to sit tight, save our resources, curtail spending, and reduce risk. They either stimulate our “animal spirits” or muffle them. Read more of this post

Filed under Macro Trends

HelloSign: The startup that doesn’t want to revolutionize the world; HelloSign offers a mundane enterprise task – legal document signing online; had a new feature that no one in the world would care about – integration with Google Docs

April 1, 2014 Leave a comment

HelloSign: The startup that doesn’t want to revolutionize the world
BY CARMEL DEAMICIS
ON MARCH 21, 2014
The perfect storm of a boring pitch came together in my inbox the other day. A startup calledHelloSign that offers a mundane enterprise task — legal document signing online — had a new feature that no one in the world would care about — integration with Google Docs. It’s the sort of pitch reporters find themselves falling asleep halfway through reading, hitting the delete button with their nose as they pass out on their laptops. Read more of this post

Filed under TMT Trends

“Netflix for LEGOs” is an awesome idea. But can it scale?

April 1, 2014 Leave a comment

“Netflix for LEGOs” is an awesome idea. But can it scale?
BY DAVID HOLMES
ON MARCH 21, 2014
Today some big news came out from one of the most brilliant “Netflix for X” experiments I’ve ever seen: Netflix for LEGOs.
The company is called Pley (formerly PleyGo) and it just announced a $6.75 million Series A round led by Allegro Venture Partners. (Fortune reported the news yesterday). Since launching last April, the company says it’s sold over 15,000 subscriptions and shipped more than 75,000 sets. Read more of this post

Filed under TMT Trends

South Korea’s public debt surpassed $841.7 billion in 2013, the highest level in history

April 1, 2014 Leave a comment

Public debt hits all-time high last year
2014.03.19 16:43:37
South Korea’s public debt surpassed $841.7 billion in 2013, the highest level in history.
But the increase in public debt halved from a year ago.
The central and local governments owed 496.6 trillion won as of last year, and 45 non-financial state-owned companies either financed by the government or led by chiefs appointed by the government had to repay 412.1 trillion won, excluding shareholdings and investments, according to the Bank of Korea’s economic data system Wednesday. Read more of this post

Filed under Macro Trends

Korean President Park to visit Germany; After Park’s father visited Germany, Korea’s per capita GDP soared from $80 to $24,000 and the aggregate GDP reached $1.1 trillion

April 1, 2014 Leave a comment

President to visit Germany
Kim Seon-gul, Lee Sang-duk
2014.03.21 15:26:05
South Korean President Park Geun-hye is scheduled to make a four-day state visit to Germany from March 25.
Germany provided a textbook example for the incumbent President and her father, former President Park Chung-hee. After Park’s father visited Germany, Korea’s per capita gross domestic product (GDP) soared from $80 to $24,000 and the aggregate GDP reached $1.1 trillion as of last year, coming in at 15th in the world. Read more of this post

Filed under Macro Trends

“Forging meaning is about changing yourself, building identity is about changing the world”

April 1, 2014 Leave a comment

Forge meaning, build identity: Andrew Solomon at TED2014
Posted by: Thu-Huong Ha
March 21, 2014 at 4:30 pm PDT
The extraordinary and eloquent Andrew Solomon closes TED2014 with a talk that brought the theater to its feet. Popular wisdom, begins Solomon, is that we find meaning, that it is an external truth to seek. But after a lifetime as a student of adversity, he has found that meaning, in fact, is forged. Read more of this post

Filed under Life

Lessons From Lincoln: 5 Leadership Tips History And Science Agree On

April 1, 2014 Leave a comment

MARCH 21, 2014 by ERIC BARKER
Lessons From Lincoln: 5 Leadership Tips History And Science Agree On
Abraham Lincoln gets a lot of credit for being a great leader. And he deserves it, but…
Frankly, most of us don’t really know why he deserves it.
What made him such an extraordinary leader? And does modern research back up his methods?
Here’s what Honest Abe did, why it works and how it can make you a better leader. Read more of this post

Filed under Life

Supermarkets fighting losing battle with e-commerce in China

April 1, 2014 Leave a comment

Supermarkets fighting losing battle with e-commerce in China
Staff Reporter
2014-03-17
The growing popularity of e-commerce in China has now taken business away even from traditional supermarkets, whose annual gross margins have posted annualized declines, according to the Beijing Youth Daily. Read more of this post

Filed under Macro Trends, TMT Trends

New standards for bottled water may affect Tingyi, Coca-Cola

April 1, 2014 Leave a comment

New standards for bottled water may affect Tingyi, Coca-Cola
Staff Reporter
2014-03-22
China’s National Health and Family Planning Commission is soliciting opinion regarding new standards for bottled drinking water, which may not be good news for companies that market their products under the guise of “mineral water,” Shanghai’s National Business Daily reports. Read more of this post

Filed under Macro Trends

The Latest Fad In Education? It’s become the new buzz phrase in education: “Got grit?” Does Teaching Kids To Get ‘Gritty’ Help Them Get Ahead?

April 1, 2014 Leave a comment

Does Teaching Kids To Get ‘Gritty’ Help Them Get Ahead?
by TOVIA SMITH
March 17, 2014 5:00 AM
It’s become the new buzz phrase in education: “Got grit?”
Around the nation, schools are beginning to see grit as key to students’ success — and just as important to teach as reading and math. Read more of this post

Filed under Life

Why Apple should make its own TV shows, just like Netflix

April 1, 2014 Leave a comment

Why Apple should make its own TV shows, just like Netflix
By John McDuling @jmcduling 2 hours ago
Netflix is doing it. So is Sony. And Yahoo. Even Amazon is getting in on the act. Microsoft has been doing it for years. Acquiring or producing exclusive content, that is.
Now, as it confronts slowing growth in the sales of its devices, maybe it’s something Apple should consider as well. Read more of this post

Filed under TMT Trends

One more time: Why do we listen to our favourite music over and over again? Because repeated sounds work magic in our brains

April 1, 2014 Leave a comment

One more time: Why do we listen to our favourite music over and over again? Because repeated sounds work magic in our brains
by Elizabeth Hellmuth Margulis 2,700 words
Elizabeth Hellmuth Margulis is director of the music cognition lab at the University of Arkansas, a trained concert pianist, and the author of On Repeat: How Music Plays the Mind (2013). Read more of this post

Filed under Life

Wesley Gray: Is Smart Beta Bullsh!+?

April 1, 2014 Leave a comment

Is Smart Beta Bullsh!+?
Posted MAR 21 2014 by DAVID FOULKE in TURNKEY BRAINWAVE
John Bogle did a tremendous service to humanity when he launched the first index fund in 1975. By providing people with a passive, low-cost way to invest in the entire stock market, Bogle enabled generations of investors to get cheap beta exposure, and avoid the high fees, commissions, taxes, and other costs associated with active management approaches. Clearly, consumers thought this was a good idea. The firm he founded, the Vanguard Group, now manages approximately $2.75 trillion. Read more of this post

Filed under Macro Trends

The Dismal Art: Economic forecasting has become much more sophisticated in the decades since its invention. So why are we still so bad at it?

April 1, 2014 Leave a comment

The Dismal Art: Economic forecasting has become much more sophisticated in the decades since its invention. So why are we still so bad at it?
James Surowiecki
Fortune Tellers: The Story of America’s First Economic Forecasters By Walter A. Friedman • Princeton University Press • 2013 • 268 pages • $29.95
We live in an age that’s drowning in economic forecasts. Banks, investment firms, government agencies: On a near-daily basis, these institutions are making public predictions about everything from the unemployment rate to GDP growth to where stock prices are headed this year. Big companies, meanwhile, employ sizable planning departments that are supposed to help them peer into the future. And the advent of what’s often called Big Data is only adding to the forecast boom, with the field of “predictive analytics” promising that it can reveal what we’ll click on and what we’ll buy. Read more of this post

Filed under Life

Amazon is good for customers. But is it good for books?

April 1, 2014 Leave a comment

Amazon is good for customers. But is it good for books?
BY GEORGE PACKERFEBRUARY 17, 2014
In the era of the Kindle, a book costs the same price as a sandwich. Dennis Johnson, an independent publisher, says that “Amazon has successfully fostered the idea that a book is a thing of minimal value—it’s a widget.” Construction by Ian Wright. Read more of this post

Filed under TMT Trends

The man who destroyed America’s ego: How a rebel psychologist challenged one of the 20th century’s biggest-and most dangerous-ideas

April 1, 2014 Leave a comment

The man who destroyed America’s ego
How a rebel psychologist challenged one of the 20th century’s biggest—and most dangerous—ideas
Will Storr in Matter
FOR MUCH OF HUMAN HISTORY, our beliefs have been based on the assumption that people are fundamentally bad. Strip away a person’s smile and you’ll find a grotesque, writhing animal-thing. Human instincts have to be controlled, and religions have often been guides for containing the demons. Sigmund Freud held a similar view: Psychotherapy was his method of making the unconscious conscious, helping people restrain their bestial desires and accord with the moral laws of civilization.
In the middle of the 20th century, an alternative school of thought appeared. It was popularized by Carl Rogers, an influential psychotherapist at the University of Chicago, and it reversed the presumption of original sin. Rogers argued that people are innately decent. Children, he believed, should be raised in an environment of “unconditional positive regard”. They should be liberated from the inhibitions and restraints that prevented them from attaining their full potential. Read more of this post

Filed under Life

Are China’s ‘ghost’ cities building towards economic ruin?

April 1, 2014 1 Comment

Are China’s ‘ghost’ cities building towards economic ruin?
March 22, 2014
Philip Wen
Demons are lurking behind China’s unprecedented housing projects.
Fears of property oversupply in China’s poorest province
Massive urban redevelopment projects in Guizhou are prompting fears of massive oversupply and fears that its capital, Guiyang will be left a ghost city. Read more of this post

Filed under Macro Trends

World’s Best CEOs: Members of our exclusive club share a high regard for innovation, growth, and shareholder return. Who’s in and who’s out on our 10th annual list

April 1, 2014 Leave a comment

SATURDAY, MARCH 22, 2014
World’s Best CEOs
By ANDREW BARY | MORE ARTICLES BY AUTHOR
Members of our exclusive club share a high regard for innovation, growth, and shareholder return. Who’s in and who’s out on our 10th annual list. Read more of this post

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