Jorge Machado’s Post

“Our global research study revealed, I think unsuprisingly, that MSMEs are the backbone of the global economy, but also that they struggle with productivity," notes my colleague Anu Madgvkar. In fact, research from the McKinsey Global Institute finds that narrowing the MSME #productivity gap relative to large companies is equivalent to 5% GDP in advanced economies and 10% in emerging economies. Explore the report ➡️ https://lnkd.in/enzjJE5N

“Our global research study revealed, I think unsuprisingly, that MSMEs are the backbone of the global economy, but also that they struggle with productivity," notes my colleague Anu Madgvkar. In fact, research from the McKinsey Global Institute finds that narrowing the MSME #productivity gap relative to large companies is equivalent to 5% GDP in advanced economies and 10% in emerging economies. Explore the report ➡️ https://lnkd.in/dKi53B2t

With the theme of this year's #SADCSummit focusing on innovation and industrialisation, it’s time to reflect on the challenges we face. Premature deindustrialisation - a premature erosion of, or even failure to build, a manufacturing base - could threaten our progress, but innovation might just be the key to turning the tide. Explore more in this thought-provoking journal article by Dr Ross Harvey & Pranish Desai: https://lnkd.in/gzJH6_MN

As we navigate the ever-evolving landscape of the global economy, it's crucial to recognize the pivotal role that technology-based industries play in shaping the future of the United States. The latest publication from the National Science Foundation (NSF) underscores why we must champion innovation and technological advancement. The NSF's report highlights the impact of technology-based industries on the U.S. economy, showcasing their substantial contribution to job creation, economic growth, and competitiveness on the world stage. In today's interconnected world, where digital transformation accelerates at an unprecedented pace, embracing technology-based industries isn't just advantageous—it's essential for sustained prosperity. Technology-based industries serve as catalysts for growth, fostering opportunities for individuals from all walks of life to thrive. By nurturing a vibrant ecosystem that encourages entrepreneurship, creativity, and lifelong learning, we can unlock the full potential of our workforce and ensure that no one is left behind in the march towards progress. I am excited to be a part of this effort in Louisiana with Louisiana State University and the team at LSU Innovation as well as our partners across the state. #Innovation #Technology #FutureOfWork #NSFInsights

In a rapidly changing world, science advice must evolve. Policymakers and thought leaders, your insights are crucial for the future. Let’s meet to redefine how science informs policies for a better world. Express interest at ingsa2024.com #INGSA2024 | #ScienceAdvice | #SciencePolicy

This new post by my wonderful colleagues at #MSCIResearch examines a scenario in which a pullback in credit triggers a vicious cycle of reduced spending, investment and growth. The crucial point is that rather than thinking of scenarios as a stationary point in time, we consider it as a dynamic process that evolves over time. http://ms.spr.ly/6047leRZJ

🌟 Exciting news! 🌟 Publication alert❗📌 I'm thrilled to share the publication of our research article. 📄 Title: Business model innovation factors of small and medium-sized enterprises in Bolivia. 🔍 About the article: Our findings show that SMEs can change their business models in different ways in the same macro environment. We have in this study shown two types of BMI responses from SMEs: the technology-driven BMI and market-driven BMI. It also shows that given an understanding by the SME of how BMI drives development, growth and competitive advantage, the SME can deviate from the common BMI pattern in lower middle-income countries of extracting and selling raw materials to innovate. 📚 Published in: Journal of Risk and Financial Management Thank you to my co-authors: Prof. Lars Bengtsson and Jazmin Estefania Olivares ugarte. Also, many thanks to all those who supported and contributed to this work. Your collaboration and insights were invaluable. 🌐 Read the full paper here: https://lnkd.in/e-yat34w CIRCLE, Lund University - The Faculty of Engineering at Lund University - NORSI - Nordic Research School in Innovation and Entrepreneurship - Universidad Mayor de San Simón #Research, #Innovation, #Businessmodels, #Businessmodelinnovation #SMEs,

Supply or demand, what comes first? ⚖️ 85% of our #ESFNorthAmerica 2024 attendees believe that demand is typically seen as the primary driver. Without demand, it is challenging to justify the creation of a new product or service. For projects to reach FID, they must prove technological and economic viability which is difficult to achieve without secure market demand and off-takers. Conversely, longer term, there is more of an argument for supply leading the way, and the "build it and they will come" mentality gains more traction. Capital should flow to the best products and this perspective aligns with Reaganomics supply-side economics and the trickle-down theory. 💡🏗️  #SupplyAndDemand #Innovation #Sustainability

Explore the latest trends shaping MSME growth globally! From key statistics to emerging opportunities, this blog offers valuable insights every business owner should know. Don't miss out on strategies that could help drive your success. Read more here: https://bit.ly/3Y8QNKc #MSMEGrowth #BusinessTrends #Pepagora #EmergingMarkets #SME #GrowthStrategy #MSMEInnovation #MarketInsights