Interdependence: Academic collaboration helps profits

Forth Rail Bridge 

Image by isoLord via Flickr

Inter-connectedness doesn’t always have to manifest itself in terms such as “contagion” and “systemic risk”.

The upside occurs with a clear, common, goal, transparency and shared values. INTERDEPENDENCE. Much of our business community has been too self-absorbed to realise that they have their part to play. Believing, perhaps, that this was someone else’s responsibility.

BUT this is only one span in bridge back to economic prosperity for this country…and others.

Whilst I welcome the findings I wonder how much could have been achieved by utilising the £3m to start to re-build the bridge!?

I have an outline plan for just such a project – including the vital remaining spans – but need a vehicle, the buy-in and funding to get something started so if anyone has any bright ideas, suggestions, are keen to learn more or contribute I would be delighted to hear from you.

Community framework for: communication; contribution; cultivation; conversation; collaboration; co-creation

Collaborations between businesses and universities help companies become more competitive, according to a study.

The research suggests firms benefit from increased profitability and market share and are six times more likely to produce innovative products.

The findings form part of the £3 million three-year Impact of Higher Education Institutions on Regional Economies initiative coordinated by the University of Strathclyde.

The initiative involves researchers from 17 institutions investigating how universities affect life, business and the economy across the UK.

Professor Jeremy Howells said: “Over the last 25 years, there has been a growing interest from government in encouraging the development of relationships between higher education institutions and the business sector.

“This has moved beyond a simple focus on the commercialisation of new inventions to a recognition that universities have a wider role to play in supporting innovation, developing capabilities in human capital and knowledge exchange, building networks and in supporting business growth and the wider economy.

“Our research has shown that collaborations between companies and universities have a strong, positive effect on innovation, productivity and the development of new methods, skills and techniques.

“It is clear that university-business collaborations have a wide range of benefits, and can play an important role in increasing the competitiveness of regional economies.’

Academic collaboration helps profits – Business 7.

Eurozone & EU survival: If it keeps on rainin’ levee’s gonna break..

Robert Plant (left) and Jimmy Page (right) of ...

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You may never have figured Robert Plant, Jimmy Page and Co. as financial analysts or students of economic theory. But why not? At the end of the day these guys – LEGENDS – have as much chance of accurately predicting the financial future as anyone else!!!

The truth is the levee is “shot”…

It’s been raining like hell for for too many years now. The “weathermen” [economists & bankers] manipulate the rainfall data and assure us that the long term outlook is good – their incentives depend upon a belief system that bestows such power upon them!

Whilst the “engineers” [politicians & Public Sector] prefer the “finger-in-the-dyke” approach to flood prevention. After all, if you believe the weathermen, the outlook is sunny and anyway, the levee is “too big to fail”. In the meantime taking as much money as possible from both weathermen and those [citizens] living on the flood plain. After all if you have gotten away without major repairs or reconstruction for this long [and been able to grow “fat” at the expense of others], with sovereign debt so easy to come by, probability is that no-one will ever know unless they get too close. Risk worth taking. Better to do that than own up to the years of neglect and mismanagement!

So long as there are enough digits to plug the holes, bodies to absorb or divert the leaks and “they” stay dry. So long as the pressure doesn’t get so great as to suddenly exploit any undetected cracks [hidden fragility]  “on our watch” they will hail us as the best damn levee-keepers in living history. Knighthood, memoirs, TV, column, lecture tours, universal adulation. It’s brilliant! Flawless!

Well the bad news is that the game is up.

This is an extract from my blog in August this year. Complex Systems and Ecology: Report by US National Academies/NRC & Fed. Reserve Bank of NY

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The Fragility of the EU Economy Rated VERY HIGH

From this infographic the embedded links you will be able to gain an insight into the unique capabilities that Ontonix bring to data analysis. Note the steady increase in complexity prior to the “global economic trauma” of late 2007 and the, even sharper, decline through 2009/10.

This illustrates why understanding, measuring and monitoring the “structural robustness” of an organisation – ecosystem – network, in such an inter-connected and turbulent climate should be a a C-Level priority. Quantitative Complexity Management can serve as an early warning system – crisis anticipation.

Alternatively you could rely upon economic forecasts or conventional analyses and wait to see how events, that are apparently unrelated to “you and yours”, impact you and your stakeholders!

Q4 2009 EU Structural Fragility Report. Download FREE sample copy here.

Q1 2010 EU Structural Fragility Report. NOW AVAILABLE for €199. Contact us to obtain a copy.

Recent news on an imminent bailout of the troubled Irish economy and emergency meetings of the EU finance ministers in Brussels (17 November 2010) point to a highly fragile situation of the eurozone economy.

According to the EU Structural Fragility analysis (based on Eurostat data) performed by Ontonix on a quarterly basis, the fragility changed from HIGH in Q4 2009 to VERY HIGH in Q1 2010. A constant plunge of complexity, as indicated in the figure above, points to a shrinking economy of the system of 27 EU member states. This points to very high risk of contagion.

The Q2 2010 EU Structural Fragility Report shall be published as soon as Eurostat releases the Q2 data.

The tracking of the evolution of the combined complexity of the eurozone countries shows clearly how it is possible, using this technique, to not only anticipate but to actually measure the fragility of the economy seen as a system of interacting entities (countries).

More soon.