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Science and the Turkey’s Expertise

Albeit Christmas is rapidly coming to town, let’s imagine a turkey living in a farm. The turkey feels that everything is just fine because she is in safe, gets food on a daily basis; therefore she assumes that this trend will just continue in the future. However, when Christmas comes, people cut the turkey. All the turkey’s assumptions based on path-experiences and perceptions suddenly fell apart. It turned out that
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Complex Short-sightedness – The Non-performing Greece

In the following, we apply complexity science to better understand the Greek situation. In doing so we first address the issue of what is the relationship between innovation activity and non-performing loans. Non-performing loans offer us a springboard to discuss the concept of short-sightedness or short termism. We argue that in an innovation ecosystem we live in, three properties should be addressed (feedbacks; sel
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Win Some, Lose Some – It’s Not All the Same to Us

The 21st century started with the transubstantiation of the economic structure in the advanced world. Albeit the growing importance of services was already quite clear in the 1960s, modern services soared right after the revolution of information and communication technologies (ICT) from to the midst of 1970s. Importantly, the emerging new services economies, in which 60-80% of GNI stems from services, are pervaded b
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(Dis)Affectio Societatis?

There is a widely held hypothesis that the advanced world faces severe ethical and moral crisis which manifests into at least two observable trends: Firstly, there is a downward trend in marriages, secondly, an increasing trend of one-person households has been also registrable. But, there is also anew hypothesis arguing that because of the increasing welfare (for instance in the United States), more and more person
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Divide After the Tide?

While there is some optimistic judgement over the end of the 2008 financial and economic crisis – not to mention those voices advocating that the Great Recession was not really so great (Van Ours, 2015) –, there is a certain level of uncertainty encoded into the fragile recovery. If for no other reason than the European integration seems to suffering from non-convergence in many aspects between the core and the perip
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Innovation Performance: Relationship between Fiscal Decentralisation and Corruption

In this short post, we are to provide support to the argument that the degree of fiscal decentralisation affects the innovation milieu of a country through influencing the closeness among relevant stakeholders (public, private and third sector). Closeness, corruption, innovation milieu To this end, we have two considerations: (i) a more decentralised structure is closer to the society and thus it promises more fiscal
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