Despite the devastating impact of the COVID-19 pandemic on humans and global economies, governments and businesses around the world have boosted their efforts in innovation. Intellectual property filings, Research & development spending, and Venture capital funding increased in 2021, expanding on the pre-crisis peak performance that had already been achieved. The Global Innovation Index (GII) 2021 […]

The rapidity of innovation has been accelerated by globalization and significant technological developments. The advent of new technologies presents a once-in-a-lifetime chance for the development and prosperity of the entire world. However, if we do not foster an inclusive digital economy, the digital gap will expand, resulting in a more divided economy. The key to […]

Design thinking is a collaborative approach to tackling complicated problems that put the needs of the user first. To put it another way, design is an empathetic process that fosters a more humane perspective on business. Developing empathy for your customers and analyzing human behavior is the first step in the design thinking process. When […]

Investors who feel that a startup business or a small company has the potential for significant long-term growth will often give what is known as venture capital (VC), which is a type of private equity as well as a type of investment. There are numerous benefits to securing venture funding. Rapidly expanding start-ups may only […]

Innovative, realistic, sustainable, and business approaches to benefiting society as a whole, and low-income or underprivileged communities especially, are defined as “social innovation” by top corporate executives. Being more innovative, creative, and cooperative in how low-income people can engage in the global economy is what social innovation is all about. Investors are increasingly factoring societal […]

The rapid pace of digital business strategy necessitates making decisions about which projects move forward as well as which ones are put on hold. Digital transformation is still a top priority for businesses across the spectrum. Transforming an organization to take advantage of emerging technologies, human capital, and business processes is known as digital transformation. […]

When referring to a large portion of the economy, the term sector is used, while the industry is used to refer to a more focused set of businesses. As a result, we might state that industry is a subcategory of the larger term known as the sector. A sector is a set of industries, and […]

Giving your consumers the information and resources they need to make an informed decision is known as customer empowerment. Customer Empowerment is one of the various techniques by which organizations connect with their customers. Customers will have a better experience with your brand when you provide them with tools and alternatives that enable them to choose […]

It is only a matter of time before the use of technology in education grows exponentially. The education industry has been rapidly transformed by technological innovations. Instructors and learners will benefit from a number of new capabilities provided by future educational technology. As a result of this remarkable transformation, the education technology industry is seeing […]

The largest industries in the world are those that provide necessary goods and services to better the lives of billions of people. Despite rising at a slower rate than before the pandemic, the global economy is expected to increase by 5.5 percent in 2021, according to the IMF. We have seen how the economy has […]