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OECD Science, Technology and Industry Scoreboard 2017 - Austria highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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The Bitcoin Question: Currency versus Trust-less Transfer Technology

The financial crisis has led to a widespread loss of trust in financial intermediaries of all kinds, perhaps helping to open the way towards the general acceptance of alternative technologies. This paper briefly summarises the crypto-currency phenomenon, separating the ‘currency’ issues from the potential technology benefits.




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Technology and innovation in the insurance sector

“Insurtech”is the term being used to describe the new technologies with the potential to bring innovation to the insurance sector and impact the regulatory practices of insurance markets. This report catalogues these technologies and examines how InsurTech is being funded and how insurers are engaging with the start-ups entering the market.




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Technology and Pensions

Innovative applications of technology for financial services, or FinTech, are already being used to improve communication with consumers and their engagement with their pension plans. This report provides an overview of how technology is being used to improve pension design and delivery and how regulators are managing these changes.




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OECD Science, Technology and Industry Scoreboard 2017 - Belgium highlights

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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OECD Science, Technology and Industry Scoreboard 2017 - highlights by country

These notes present selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.




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Frontier firms, technology diffusion and public policy: Micro evidence from OECD countries

This paper analyses the characteristics of firms that operate at the global productivity frontier and their relationship with other firms in the economy, focusing on the diffusion of global productivity gains and the policies that faciliate it.




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OECD Technical Report on Progress on Structural Reform Under the G20 ESRA

This OECD technical report to G-20 Finance Ministers and Governors provides an assessment of progress on structural reform to achieve strong, sustainable and balanced growth under the G-20 Enhanced Structural Reform Agenda (ESRA) agreed at the Hangzhou summit.




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Retraining can enable ageing Slovenians to keep pace with new technologies

Modernisation has mainly been achieved by training young Slovenians to fill new occupations. In contrast, those with obsolete skills tend to retire or become unemployed rather than retrain, leaving Slovenia with persistent long-term unemployment, and amongst the lowest employment rates of older workers in the OECD.




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Retraining can enable ageing Slovenians to keep pace with new technologies

Slovenia has continued to shift from traditional manufacturing to business services and high-tech production. However, not all Slovenians have been included in this progress.




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Capital-embodied technological progress and obsolescence: how do they affect investment behaviour?

This paper analyses how technological progress embodied in capital goods raises productivity and income, while at the same time it can modify the allocation of consumption, investment and the capital stock.




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Digital technology diffusion: a matter of capabilities, incentives or both?

This paper uses a novel data set of digital technology usage covering 25 industries in 25 European countries over the 2010-16 period to explore the drivers of digital adoption across two broad sets of digital technologies by firms, cloud computing and back or front office integration.




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Labour share developments over the past two decades: The role of technological progress, globalisation and "winner-takes-most" dynamics

Over the past two decades, real median wage growth in many OECD countries has decoupled from labour productivity growth, partly reflecting declines in labour income shares.




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OECD Science, Technology and Industry Scoreboard 2013 country notes

OECD Science, Technology and Industry Scoreboard 2013 country notes




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Where are all the women in tech?

For proof that the tech industry is not particularly welcoming to women, one need look no further than Google, where women account for just 31% of headcount, falling to a mere 20% in pure tech roles. They are also paid less than their male counterparts, according to a class action lawsuit filed in 2017 by three former employees on behalf of “all women employed by Google in California” for discrimination and unequal pay for equal work. Which did nothing to stop another former employee, who had been laid off after circulating a sexist memo, lodging his own complaint against the Internet giant for “ostracising” conservative white men.




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Can Big Tech play fair? I Casper Klynge I OECD Podcasts




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Switzerland Exports of Heating & Cooling Technology

Exports of Heating & Cooling Technology in Switzerland decreased to 86.53 CHF Million in March from 86.55 CHF Million in February of 2020. Exports of Heating & Cooling Technology in Switzerland averaged 103.98 CHF Million from 1988 until 2020, reaching an all time high of 209.47 CHF Million in July of 2008 and a record low of 53.78 CHF Million in January of 1989. This page includes a chart with historical data for Switzerland Exports of Heating & Cooling Technology.




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Japan Imports of Explosive & Pyrotechnic Products

Imports of Explosive & Pyrotechnic Products in Japan increased to 947.81 JPY Million in March from 751.85 JPY Million in February of 2020. Imports of Explosive & Pyrotechnic Products in Japan averaged 848.08 JPY Million from 1988 until 2020, reaching an all time high of 2092.69 JPY Million in February of 1996 and a record low of 140.06 JPY Million in March of 1988. This page includes a chart with historical data for Japan Imports of Explosive & Pyrotechnic Products.




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China Imports of High-&-new-tech Products

Imports of High-&-new-tech Products in China decreased to 53674300 USD THO in April from 56539600 USD THO in March of 2020. Imports of High-&-new-tech Products in China averaged 30952621.46 USD THO from 2000 until 2020, reaching an all time high of 84313900 USD THO in February of 2020 and a record low of 2861981 USD THO in February of 2000. This page includes a chart with historical data for China Imports of High-&-new-tech Products.




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Tech losers can win longer term

Uber cuts 3,700 staff, Libra’s first CEO, Microsoft Surface surfeit




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In barmy world of fintech, $5.5bn for Revolut is not so bonkers

Neobank’s funding round sets new valuation parameters; De La Rue battles to last a decade




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Don’t bet on tech for your 10-year stock strategy

Investors should beware the regulatory storm gathering over Silicon Valley




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Domination dies hard in technology markets

Microsoft lost its antitrust suit, blew big chances yet grows on




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Big Tech can no longer be allowed to police itself

Companies are able to fan the flames of fake news and also to remove it




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Big Tech and Amazon: too powerful to break up?

While Google, Facebook and Twitter are set for a grilling in Congress over Russia, it is the online retailer that is drawing intense scrutiny




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Franken’s fall is good news for Big Tech

Senator was one of few Democrats to challenge monopoly power, writes Rana Foroohar




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DoJ must make antitrust fit for the age of Big Tech

Competition law should take changing business models into account




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Biotech stock soars on debut as coronavirus fuels investor boom

Akeso’s shares surge in Hong Kong as buyers brush off city’s economic downturn




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Qatar sovereign wealth fund seeks health and tech deals

Finance minister says QIA aims to identify opportunities as asset prices plunge




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‘Disease’ of recruitment bias: is tech cure or cause?

Critics of AI platforms doubt whether they eliminate human interviewers’ prejudices




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How to increase diversity in the tech sector

Employers focus on better ways to hire wider range of people




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Tech and changing labour costs set to transform shipping

Robotics likely to cause less long-distance offshoring and curb demand for huge vessels




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Revolut is the most hyped fintech in Europe. Can it grow up?

The company wants to upend banking but the need to mature is more urgent than ever




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Goldman's tech tie-ups, DBank's turnaround and bankers' misconduct

Matthew Vincent and colleagues discuss Goldman Sachs and Amazon - another big tech tie-up for the Wall Street name, Deutsche Bank's profit targets, and what a case of stealing from a workplace canteen tells us about the current climate for ethics and compliance in banking. With special guest Russell Quelch of Redburn, the equity research house.


Contributors: Matthew Vincent, regulation correspondent, Stephen Morris, European banking correspondent, Robert Smith, capital markets correspondent, and Laura Noonan, US banking editor. Producer: Fiona Symon

 

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Tech consultants join Gulf’s fight against Covid-19

Demand for tech services expected partly to counter pandemic downturn




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NSO tech said to extend reach of off-the-shelf spyware

NSO, an Israeli company whose spyware hacked WhatsApp, has told buyers its technology can now collect a targeted individual’s data stored in the cloud, according to people familiar with its sales pitch. Its tech is said to use industry-wide authentication techniques that have, until now, been thought to be secure. Malcolm Moore discusses the implications with Mehul Srivastava and Tim Bradshaw.


Contributors: Malcolm Moore, technology news editor, Mehul Srivastava, Tel Aviv correspondent, and Tim Bradshaw, global tech correspondent. Producer: Fiona Symon

 

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China steps up bid for tech self-reliance

Beijing has ordered government offices and public institutions to remove all foreign computer equipment and software within three years as part of its bid for self-reliance in office technology. Malcolm Moore discusses the ramifications for Chinese and US companies and for the global supply chain with the FT’s Yuan Yang in Beijing.


Contributors: Malcolm Moore, technology news editor, and Yuan Yang, Beijing technology correspondent.  Producer: Fiona Symon

 

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tech

Lockdown eases, central banks, oil, pharma and tech earnings

Start every week on the front foot with a preview of what’s on the global agenda




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Can China win big in vaccine race with biotech bet

Nation’s pharma industry has matured but is still a lot better at incremental innovation than major breakthroughs




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Wall Street bets on a Big Tech rebound

Valuations do not reflect the risks that still lie ahead from coronavirus




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How Big Tech got even bigger in the Covid-19 era

Lockdowns have elevated the sector that some analysts thought would fall furthest in a recession




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Cover Genius tops FT ranking with insurtech platform

The Australian company was borne out of an online travel business that had a problem to solve




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JPMorgan among new backers for paperless voting fintech

Proxymity raises $20m in spinout from Citigroup as shareholder meetings go virtual




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Are Woodford woes an opportunity for patient tech investors?

The Adventurous Investor senses there could be future value in spinout specialists




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Could investing in military tech make your portfolio more defensive?

Whether we like it or not, spending on arms and security will rise in the next few years 




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Danish biotech: white coat catalyst

New Novozymes chief will need fresher ideas to achieve success




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TechCrunch’s top 16 picks from Techstars April virtual demo days

Like other accelerators, Techstars, a network of more than 40 corporate and geographically targeted startup bootcamps, has had to bring its marquee demo day events online. Over the last two weeks of April, industry-focused accelerators working with startups building businesses around mobility technologies (broadly) and the future of the home joined programs in Abu Dhabi, […]




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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as […]




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Deep Render raises £1.6M for image compression tech that mimics ‘neural processes of the human eye’

Deep Render, a London startup and spin-out of Imperial College that is applying machine learning to image compression, has raised £1.6 million in seed funding. Leading the round is Pentech, with participation from Speedinvest. Founded in mid-2017 by Arsalan Zafar and Chri Besenbruch, who met while studying Computer Science at Imperial College London, Deep Render […]




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Disney’s pay furore; Robeco warns of green risk in tech; JPM, McDonald’s face ESG fight

Your guide to the investment and business revolution you can’t afford to ignore