Cultivating a culture of innovation is a key to enhancing productivity. It is essential for businesses to contribute new value to consumers, users, and society in changing market conditions. Agility in response to the pandemic, introducing digitalization, and reshaping business models for sustainability all contribute to a culture of innovation. Innovation requires a holistic mindset […]
Public-sector organizations purchase goods and services to provide utilities to citizens. The market cannot always meet society’s needs, and solutions are not sufficiently effective, too expensive, or do not yet exist. It is therefore necessary to promote innovative procurement by contracting services, negotiating with market vendors to meet evolving needs, and using government funds to […]
In May 2023, the UNWTO reported that international tourism was rebounding to 80% of pre-COVID levels in the first quarter of the year and countries were emphasizing sustainable tourism such as ecotourism, acknowledging its potential to benefit local and national economies and attract both local and overseas tourists, while preserving nature and positively impacting environmental […]
Connecting machines and devices physically and digitally is the foundation of smart manufacturing and one of the first steps in digital transformation. The IoT can help to collect and share data generated in all business processes and is effective in monitoring quality, optimizing operations, and thus improving productivity. The adoption of the IoT has become […]
Progress in processing technology, biotechnology, genetics, and nutritional science is driving food innovation, enabling the food sector to become more productive in today’s challenging environment. Those innovations are impacting the entire food industry. New forms of food have been developed such as meat analogues, algae, and insects as new protein sources as well as functional […]
