| The basic competencies of young people and adults as an indicator of the quality of the education and continuing education system. A somewhat underestimated topic at times, but one that can have a significant impact on people’s lives and productivity. Interesting article by John Burn-Murdoch in the Financial Times on international developments. By the way, we will organize a webinar on May 6,12:00-1:00 PM, in which two experts from the State Secretariat for Education, Research and Innovation will present results on the basic competencies of adults in Switzerland. More information to follow. |
The 2025 European Deep Tech Report by Lakestar, Walden Catalyst and Dealroom “The report aims to align Europe’s definition of Deep Tech, examine the characteristics of the European ecosystem, dive deep into key areas of Deep Tech, and lay out ways it can enhance its global competitiveness.” “The report identifies aset of major Deep Tech domains that are poised to drive the next eraof innovation – and with it, influence global power dynamics. These high-growth areas include advances in artificial intelligence, computing hardware, space and defense tech, robotics, biotechnology, and energy.” ——————————————- Interesting new article! „GDP-B: Accounting for the Value of New and Free Goods“ by Erik Brynjolfsson, Avinash Collis, W. Erwin Diewert, FelixEggers, and Kevin J. Fox „The welfare contributions of new goods and freegoods are not well-measured in our current national accounts. We derive explicit terms for the contributions of these goods and introduce a new framework and metric, GDP-B which quantifies their benefits. We apply this framework to several empirical examples including Facebook and smartphone cameras and estimate their valuations through incentive-compatible choice experiments. We find that including the gains from Facebook adds 0.05 to 0.11percentage points to welfare growth per year while improvements in smartphones adds approximately 0.63 percentage points per year.“ ——————————————- Exciting tool from the United Kingdom! „The Office for National Statistics has launcheda new tool, allowing users to see how products and industries areinterdependent across the economy.“ The „new online Input-Output analysis tool presents data from the UK’s input-output analysis tables in a simple visual format, allowing users to easily understand which industries used individually selected products the most, which goods and services were used to produce individual products and how a change in demand for a particular product can have knock on effects elsewhere in the economy; such as gross value added, output, wages and salaries and imports.“ ——————————————- Interesting article by Claude Maurer on the BAK Economics blog: Donald Trump doesn’t like trade balance deficits. How high is Switzerland’s trade balance deficit with the USA? Not so easy to answer.“ According to the United Nations Commodity Trade Statistics Database (UN Comtrade), Switzerland exports pharmaceutical goods worth around USD 30 billion to the USA annually. However, US import statistics show imports from Switzerland worth only USD 17 billion. How can that be?“ ——————————————- The EU „Research Conference on the Single Market„, with contributions from Philippe Aghion, among others: „This event will be web streamed. No registration is necessary to follow it online.“ ——————————————- „Skills aren’t your plug-and-play solution for inclusive competitiveness“ by Laura Nurski (Head of Programme on Future of Work at the Centre for European Policy Studies (CEPS)). „The Competitiveness Compass dedicates pages to ‚closing the innovation gap‘ – with strategies focused on supporting start-ups, increasing R&D spending, and investing in digital infrastructure. But skills and quality jobs are anafterthought, tucked away under the category of ‚horizontal enablers.‘ This suggests that innovation is primarily driven by capital, investment and technology, with skills playing only a supporting role. But this is fundamentally wrong. Innovation is an inherently human process. It’s people, not capital, who generate new ideas and combine them to develop newtechnologies. It’s people, not capital, who apply those technologies to createnew products, services and processes.“ ——————————————- „Unlocking capital markets for everyone: A union for the common good“ by Loukas Kaskarelis, Arndt-Gerrit Kund, Mathias Skrutkowski, and Juan Solé. „… we propose well-designed incentive schemes and pension system reforms to expand the range of financial vehicles available to households, as well as measures to boost cross-border retail investments and reduce financial fragmentation.“ ——————————————- Great words! Also great actions? Hopefully yes! EU Startup and Scaleup Strategy “The Strategy aims to foster an innovation-friendly environment that makes it simpler and faster for European innovative startups to grow and scale up in the Single Market. It is expected to address thedifficulties that European startups and scaleups face in accessing capital,markets, services, infrastructure as well as talent needed to enable them tothrive in Europe and compete globally.» |
The basic competencies of young people and adults
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