Ideas and firm dynamics when it takes two to tango
Innovation has increasingly become a team activity, while inventors have become more concentrated in large firms. This column argues that these trends are closely connected.
Protecting indigenous cultural resources from within the IP system
Across food, tourism, cosmetics, and luxury goods, indigenous language and heritage increasingly anchor premium market positions, but when it comes to trademarks, few jurisdictions have
Oil dips as recovering Gulf exports ease supply fears, US-Iran diplomacy in focus
Oil prices fell 1% on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors
Training novices to think in the age of large language models
Whether teaching a cognitive skill remains valuable in this era of AI is a crucial question in education and for firms. This column reports on
Productive firms can better spot and deploy their internal talent
When a job vacancy opens, the manager faces a choice: to hire from outside the organisation, or to fill the position with an existing employee
Measuring organisational capital from employee reviews
The way firms coordinate activities, motivate employees, accumulate knowledge, and adapt to changing environments evolves gradually over time, and is shaped by managerial decisions. This
Unlocking the benefits of green water flows for growth and development
At the Global Facility for Transboundary Waters, when we speak with stakeholders about transboundary water management, the conversation almost always centers on the stewardship of what
The digital euro: Awareness, adoption, and household portfolios
Several central banks are pursuing plans to potentially introduce a central bank digital currency. This column uses survey data covering the 11 largest euro area
Rerouted, not reduced: How withholding taxes shape global services trade
Global services trade is expanding rapidly, but its intangible nature makes it a prime channel for profit shifting, prompting many countries to apply withholding taxes.
House prices in big cities cannot be expected to come down any time soon
House prices have increased sharply in many advanced economies, often leading to populist revolt and social crises. This column argues that agglomeration externalities foster urbanisation
