scholarly journals Productivity Growth and Entrepreneurship in Pakistan: The Role of Public Policy in Promoting Technology Management

2016 ◽  
Vol 21 (Special Edition) ◽  
pp. 427-446
Author(s):  
Shaukat Hameed Khan
Keyword(s):  
Public Policy ◽  
Technology Management ◽  
21St Century ◽  
Productivity Growth ◽  
Knowledge Economy ◽  
Modern Technology ◽  
Information Revolution ◽  
Organizational Changes ◽  
Skill Levels

Numerous public announcements are made regularly in Pakistan about moving towards a knowledge economy. These appear to be wishful thinking in the absence of any coherent understanding of the role of technology and its spillovers as major drivers of development and growth as well as lack of clarity about the manner in which science and technology are organized in Pakistan. Pakistan has not really been able to manage the major organizational changes brought about by the techno-information revolution of the 21st century. Its competitiveness is falling, organizational changes are slow and workforce skill levels are inadequate – all of which have stalled productivity and innovation. Pakistan faces a serious risk of deindustrialization unless the dynamics and disruptive nature of modern technology are better understood and embedded as a key pillar of public policy in order to enhance productivity and innovation. This article attempts to define the nexus between technology and entrepreneurship and show how it differs from scientific research. It also examines the role of public policy in promoting productivity growth and entrepreneurship through better policies in technology management.

scholarly journals Cryptocurrencies in hyperinflationary Venezuela

2021 ◽  
Vol 11 (4) ◽  
pp. 62-67
Author(s):  
Richard Fast
Keyword(s):  
Public Policy ◽  
Monetary Policy ◽  
Literature Review ◽  
21St Century ◽  
Institutional Perspective ◽  
Digital Currency ◽  
Points Of View ◽  
The Government ◽  
Hugo Chavez

This literature review covers hyperinflation in Venezuela, from the 1980s to the present. Particular emphasis is placed on the role of cryptocurrency in the country and how the Venezuelan government has been using crypto, specifically the Petro, as a means to avoid further blunders with hyperinflation. From Hugo Chávez and “Socialism of the 21st Century” to the current regime of Nicolás Maduro, Chávez’ successor, the printing of money in Venezuela has sky-rocketed to the point of the government needing cryptocurrency, such as Bitcoin, as a means of circumventing inflation to fund the government’s ambitious social projects. A key element in its success, however, will be whether the Venezuelan people will opt to use the government-backed Petro, or whether they will opt to use a different, decentralized alternative digital currency to avoid the perils of hyperinflation. The paper will examine this issue from several diverse points of view: specifically, the Austrian School (Echarte Fernández, Hernández, & Zambrano, 2018), the neo-Keynesian school (Pagliacci & Barráez, 2010), and public policy and institutional perspective (Corrales, 1999). The use of cryptocurrencies by governments, in particular socialist governments, is a new occurrence and merits much attention for the future of public and monetary policy in those countries.

scholarly journals John Haltiwanger: recipient of the 2020 Global Award for Entrepreneurship Research

2021 ◽  
Author(s):  
Alex Coad ◽  
Martin Andersson ◽  
Magnus Henrekson ◽  
Sarah Jack ◽  
Mikael Stenkula ◽  
...  
Keyword(s):  
Public Policy ◽  
Economic Development ◽  
Productivity Growth ◽  
Firm Growth ◽  
Job Creation ◽  
Firm Level ◽  
Entrepreneurship Research ◽  
The World ◽  
Job Creation And Destruction

AbstractThe 2020 Global Award for Entrepreneurship Research has been awarded to Professor John Haltiwanger. John Haltiwanger has made significant contributions to the field of entrepreneurship by improving our understanding of job creation and destruction, productivity growth, and the role of small- and medium-sized firms (SMEs) in economic development. He has played a major role in the careful development of large, longitudinal firm-level datasets, and introduced a novel and widely adopted measure of firm growth that addresses previous statistical biases. His work has influenced public policy and national statistical offices around the world.

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