Greek crisis

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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