europe
EU tells member states not to cut on research and development
On the presentation of the first Annual Growth Survey the European Commission advised the member states not to cut on research and develpment nor education. It also set priorities and proposed ten actions to encourage economic growth.
A Blue Christmas for retailers, says Talking Business economist
Talking Business is a podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. In this podcast, RMIT economist Sinclair Davidson talks about retail and current account figures and explains why shopping figures are down for the Christmas season. He also gives his forecast on the resolution of Europe’s economic mess following the bailout of Ireland.
What is the Groupon-model and why is it relevant to your business?
In business circles, Groupon will, for a long time, be known as the Chicago-based startup that scored itself a $1.35 billion valuation within a year of launch. For the rest of the world, it is a website that harnesses collective buying to get consumers cheap products and services. But for ambitious startups, the model could also be employed to sell their own goods and services (and never buy advertising again).
Australia’s innovation ranking takes another hit while entrepreneurs rally
There are numerous programs and indexes launched each year to assess a country’s innovation capabilities. Among the most comprehensive and credible is the Global Innovation Index prepared by INSEAD, which last week released its 2009-2010 report, revealing some unexpected outcomes. According to the report, Australia is losing its way as a country supportive of innovation. However, its innovation outputs are on the rise.
Wales offers free 12 months office and support packages for Australian tech companies expanding to UK/Europe
Promising Australian technology companies seeking lower-risk entry to UK and European markets are being offered up to 12 months free accommodation in Welsh innovation centres in a new ‘try before you buy’ initiative.
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