innovation

Innovation is still missing in Spain

Innovation still in free-fall in Spain

A recent European Commission report on innovation indicators highlights that Spain is the third country, along with Lithuania, which has fallen behind the most in matters of innovation – after Romania and Hungary. Since the start of the crisis in 2008, Spain has lost an average of 0.8% annually in R&D output.


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China: Investing in the future

BEIJING | By Andy Xie via Caixin | Stimulus proposals won’t transform the economy in China, but spending on industrial research, building megacities and globalizing the white collar labor force will.


China imposes new brand order

Chinese Internet companies such as Weibo, Baidu and Tencent are sophisticating their business models to offer innovative products and services.  This crucial change brings to the brands made in China greater value at a global level as they go public on the New York Stock Exchange.


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Haier’s Lesson for China

Iris Mir |Chinese brand Haier went from a disastrous inefficient brand to the world’s biggest household appliances manufacturer thanks to its CEO, Zhang Ruimin, innovative entrepreneurial thinking. The ideal scenario for China would be that many local brands could achieve Haier’s reputation and capacity for innovation. And thus they’d become Ambassadors of a new made in China, most sophisticated and exclusive. A substantial consolidation of domestic demand and the development of a new industrial structure may be paving the way for this dramatic transition to happen.