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It’s hard not to appreciate the success of a ‘mom and pop’ business. The romanticized notion of self-reliance and success. An idealized world where it’s possible for everyone - even the metaphorical ‘little guy’ - to transform their dreams into a vibrant, growing business that supports the local community and provides a good living for …
Much of the economy in the industrialized world is dependent on cheap and easily-available resources as well as fossil energy. Such a dependency is largely grounded in the belief that continuous economic growth is not only possible but also necessary. Accordingly, consumption is intended to perpetually expand. The products generated by such a system lack …
The principal-agent problem is a common problem that arises whenever there is a contractual relationship between two parties - the principal, who in accordance with agreed upon terms, assigns a task to an agent, who then executes the task for the principal. It is expected that the agent will work on the behalf of the principal. Likewise, …
Have you ever wondered why Wall Street is known for finance or why the California wine industry has been so successful in integrating itself into the global market? In a word: clusters. Clusters are concentrations of complementary organizations, institutions and companies that are components of a given field in a specific geographic location. These conglomerations …
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ECOSYSTEMS UNITED 