... economic intellectualism, rigid, theorem-obsessed, debt-fueled stagnation, to entrepreneurial mysticism, the tacit, instinct-driven force that births real prosperity from citizen talent. China, India, Indonesia, Pakistan, and others are proving that SMEs + national mobilization quadruple productivity, slash reliance on debt, create millions of jobs, and ignite an export-led resurgence.
For many middle-income and free-market economies facing challenges with explicit-knowledge approaches, this shift ...
... sensing a market before it exists. AI has zero expertise here, but when its tangos with a human master of tacit knowledge, the dance is breathtaking.
Entrepreneurial Mysticism – the only known force that takes lifelong risks as a job-creator, starts SMEs from nothing, chases unexplainable answers to impossible problems, and occasionally grows them into nation-changing giants. Study the 100 earth-shaker entrepreneurs of the last century for proof.
Amid the global AI hysteria, the childish race to ...
... small advanced economy counterparts, writes Valdai Club Programme Director Yaroslav Lissovolik.
“Small is beautiful” in the corporate world and the efficiency and innovation of small and medium-sized companies is duly reflected in the large share of SMEs in developed economies’ GDP (in many cases 50% of GDP and more) and labour force. But is this pattern also observed at the level of countries, whereby small economies turn out to be more successful and innovative compared to their large counterparts?...
