September 2018

On the difficulty of defining disruption

Remember Encarta? It was Microsoft’s CD-ROM encyclopedia launched in the 1990s. Prior to that, Britannica had sold leather-bound volumes of learning to middle-class households for decades. Encarta was a “disrupter” in its day. Then Wikipedia came along. The term “disruptive innovation” was popularized by Harvard...

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Three things about local economic development

After years of post-recessionary caution, federal tax cuts have encouraged businesses and individuals to take on modest amounts of additional risk, according to US Rep. Patrick McHenry. “That is something people have been very fearful of doing for a long time,” McHenry told an audience convened...

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As job openings reach unprecedented levels, so does quitting

With unemployment rates their lowest in 18 years, US workers are sensing an opportunity to seek higher-paying jobs. Manpower’s quarterly survey shows hiring plans at a ten-year high in the South. Prospects for additional job-creation are finally pushing employers to increase salary levels. “Mobility of workers...

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Workforce development, entrepreneurship are growing priorities for public research universities

The Association of Public and Land-grant Universities (APLU) has released a policy blueprint titled “Advancing University-Engaged Economic and Social Prosperity” highlighting how public universities and the federal government can collaborate in workforce readiness, innovation and community-based economic development. “Research and education have always opened doors...

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AT $1 TRILLION, AMAZON SHOULD FEAR REGULATORS MORE THAN RIVALS

Amazon accounts for nearly half of all e-commerce in the US, and the Seattle-based company recently reached $1 trillion in market capitalization. Both Google and China’s Alibaba could dent Amazon’s growth, but the company’s biggest challenge may come from governments that are concerned about Amazon’s...

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