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Amazon Go, a cashierless store enabled by computer vision, deep learning, and sensor fusion. " Fourth Industrial Revolution ", " 4IR ", or " Industry 4.0 " [ 1 ] is a neologism describing rapid technological advancement in the 21st century. [ 2 ] It follows the Third Industrial Revolution (the "Information Age").
35953883. Individualism and Economic Order is a book written by Friedrich Hayek. [1][2][3] It is a collection of essays originally published in the 1930s and 1940s, discussing topics ranging from moral philosophy to the methods of the social sciences and economic theory to contrast free markets with planned economies. [4]
International businessrefers to the trade of Goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactionsof goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for ...
The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.
The vagueness of the Brundtland definition of sustainable development has been criticized as follows: [9]: 17 The definition has "opened up the possibility of downplaying sustainability. Hence, governments spread the message that we can have it all at the same time, i.e. economic growth, prospering societies and a healthy environment.
Social entrepreneurship. Student organizers from the Green Club at Newcomb College Institute formed a social entrepreneurship organization in 2010 that aimed to encourage people to reduce waste and live in a more environmentally conscious way. Social entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in ...
The Nature of the Firm. " The Nature of the Firm " (1937) is an article by Ronald Coase. It offered an economic explanation of why individuals choose to form partnerships, companies, and other business entities rather than trading bilaterally through contracts on a market. The author was awarded the Nobel Memorial Prize in Economic Sciences in ...
In economics, the new international division of labour (NIDL) is an outcome of globalization.The term was coined by theorists seeking to explain the spatial shift of manufacturing industries from advanced capitalist countries to developing countries—an ongoing geographic reorganisation of production, which finds its origins in ideas about a global division of labor. [1]