The OECD will hold a ministerial meeting on the future of the Internet in Seoul, Korea on June 17-18, 2008. Ministers, CEOs and technology experts will debate social and economic trends shaping the Internet economy.
In an effort to get more input from anybody using the Internet, the OECD has set up a channel on YouTube where it encourages people to answer the question: “How can the Internet make the world a better place?” If you would like to comment on this topic or if you have a strong opinion to share, you can post your video comment at http://www.youtube.com/futureinternet.
The Economist has a chart showing the trend of US house prices from 1920 to 2008. It shows that house prices have fallen by 18% in real terms since 2007. This means house prices have fallen faster than during the Depression in the 1930s.
European buyers are already entering the US real estate market, because they can now buy houses at very low prices. Many houses are being sold in foreclosure sales and on top of that the US Dollar is weak compared to the Euro, so Europeans pay even less than American buyers currently looking to purchase a home.
The same applies for domain names too, by the way. I’ve said it before: If you’re based in Europe you can save a lot of money when buying domains from US sellers now!
I’d never say that I know much about economics, but I’m very interested in economic issues and I try to read as much about them as possible. I do not know everything about movies, but I can say that I know a lot about movies, the making of movies and, of course, I enjoy watching them. Considering that I’m into both economics and movies, you can imagine that the following article from the Financial Times Alphaville blog got my attention today.
Innovation is what drives businesses and, as a result of that, economies and lifestyle. Therefore, it is very important to create environments that facilitate innovation, be it within your business, in school or universities.
Stanford has recently launched an early stage venture fund called SSE Ventures (Stanford Student Enterprises). It is a student association with $13 million in assets and several hundred employees trying to help the university’s undergraduate and graduate students start innovative companies. Stanford is the place where Sun, Yahoo, Google and other technology companies found their start. Now, Stanford is about to get even more student projects and businesses off the ground. SSE Ventures will invest $50,000 to $100,000 per project, according to the fund’s website.
Although some argue that Stanford wants to fill its pockets (the university takes a share in the companies it funds), I strongly believe that programs such as SSE Ventures facilitate innovation. Continue reading ‘Facilitate innovation’
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