October 22, 2018

Adam Smith: economist or negotiator?

I have been thinking a great deal about Adam Smith recently as the refurbishment of his final home, Panmure House, comes to a conclusion and Edinburgh Business School prepares to celebrate with a grand opening. Smith’s work on economics has been well documented since he wrote The Wealth of Nations in 1776, but he also […]

Will robots take my job?

‘Automation’ can be defined as the automatic production of goods and services using robots with minimal human intervention. Increased automation leads to increased labour productivity because fewer workers are needed to produce the same number of goods, so automation could lead to unemployment in the future. Could a robot take your job? Visit willrobotstakemyjob.com and […]

What is the purpose of entrepreneurship research?

A bit of an academic melting pot, we entrepreneurship researchers have backgrounds that range from management science and economics through to sociology and ethnography. Consequently, we bring a rich and diverse set of approaches to the study of businesses and those who start them, run them and harvest or close them. In both research and […]

Do you think of leaders as heroes? As people out in front, leading the way, setting the example, inspiring others to follow?

It’s a very common thought, but with the development of theories more attuned to contemporary management challenges, different concepts of leadership have emerged. Among those concepts is one that purports that the most effective leaders are actually service providers. A long-standing leadership model, Hersey and Blanchard’s Situational Leadership (Hersey, 1985) maintains that the leader’s job […]

Can clever marketing hinder good negotiations?

Someone once said to me that you can only really negotiate when you don’t really need the deal. At the time I dismissed his comment as utter madness, but did he have a point? In the past, when I went to buy something that I really wanted, or needed, I was far more likely to […]

Is data profiling wrong?

The marketing community has been rocked by yet another scandal, this time concerning the ethics of data profiling and a consumer’s right to privacy. Cambridge Analytica, a UK-based data company, mined the personal information of 50 million Facebook users without their knowledge while working on Trump’s presidential election campaign in order to create psychographic profiles […]

China’s Belt and Road Initiative: the most ambitious development plan ever conceived?

With the Belt and Road Initiative (BRI), President Xi Jinping plans to link China to Europe via investments in rail, roads, ports, dams, bridges, gas pipelines and power plants. There are now links between 66 countries across Asia and Europe, with some estimating the final cost of the project to be in the region of […]

Now is the winter of our..

… discontent? Perhaps, but the recent FT-ICSA Boardroom Bellwether Winter 2017 survey of FTSE 350 companies saw some early signs of improvement – at least economically. As regards the business environment, 27% of directors anticipated an improvement in global economic conditions and 36% predicted no change. Although no statistics on international growth were published in […]