Word: low-cost
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...latest developments in global competition: "One day, it may be your company that Tata Group wants to acquire, your child calling home from Shanghai, your job moving to Mexico City and your brand-new Changfeng gleaming in the driveway." The trio urges U.S. companies to fight back by creating low-cost, high-quality and ingenious products and by reaching deep into big markets. And to "adapt, adopt and synthesize ideas from everyone and everywhere...
...World Bank’s Lighting Africa Competition 2008. He is a member of a team of Harvard students and alumni called Lebone Solutions—one of 16 groups to receive a $200,000 grant from the World Bank. The international competition encourages the development of low-cost technologies that could potentially provide off-grid lighting to over 250 million people in Sub-Saharan Africa by 2030. Lebone Solutions’ device, which has been in the works for eight months, is a microbial fuel cell-based lighting system that generates a current from the energy produced by metabolizing...
...that will mean spending hundreds of billions of dollars more on public health, perhaps even creating a basic national insurance scheme. "Unfortunately there may not be any low-cost solutions," says public-health expert Kumar, who believes current government promises do not go far enough. "India needs to be prepared to spend on health but whenever it's mentioned there's always this debate about cost. Why don't we have the same debate when we spend tens of billions on new arms? It's totally unacceptable to shortchange a system that will save lives." And it's hard...
Fans of what are known officially as very light jets - sometimes called microjets or "minivans with wings" - predict that this new class of aircraft will democratize private air travel on the Continent much as low-cost carriers opened up commercial aviation to the masses. Microjets start at $1.5 million, a fraction of the $8 million price tag of the cheapest business jets currently on the market. Thanks to their more efficient fuel use, very light jets will also cost some 50% less to fly, allowing air-taxi and corporate shuttle services to sell a seat on one for about...
...continue to supply food—especially for a global population that the U.S. Census Bureau estimates to reach 9.3 billion persons by 2050. If the level of affluence and food security is to be maintained, then a new strategy to supply the world’s population with low-cost high-quality protein needs to be proposed.While in vitro meat production may very well be the hope of this century’s Green Revolution, it should not be construed as a solution to the ethical question of whether or not people should raise and slaughter animals. Even though...