Word: businessese
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2. Diversify Japan Inc. Japan must finally abandon the script it followed to become an industrial superpower. The global economic crisis has exposed the country's overdependence on its manufacturing-for-export model. GDP in the first quarter plunged a staggering 15.2% as demand evaporated for cars from Toyota, Honda...
DPJ leaders say they want to boost Japan's nonindustrial economy by lowering taxes paid by local businesses, developing new environmental technologies and creating jobs in health care and agriculture. Toshihiro Ihori, an economics professor at Tokyo University, adds that offering incentives to attract skilled foreign labor and multinational companies...
Providing widespread Internet access that is both fast and affordable has benefits that extend far beyond creature comforts like downloading movies. A recent report from the World Bank Group found that a 10 percent increase in connection speeds is correlated with a 1.3 percent increase in economic growth. The faster...
In 2003, the Rock Center was established to support research and entrepreneurship among the student body. In recent years, entrepreneurship has been a growing focus at HBS, and all students are required to take a class on the subject. According to Roberts, by their 25-year reunion, more than half...
Arguments over the cap and trade system, as it is known, and especially its effectiveness compared to a carbon tax, have fizzed for years. Both mechanisms slap a price on emissions, and urge those affected to invest in more efficient uses of energy. Critics of taxes say that they're...