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Business Development

Hi everyone,

(I'm a newbie to this forum so forgive me if some of this has been covered before).

In this time of 'global economic downturn' which effects, directly or indirectly, all industries I am surprised to find little or nothing on the topic of Business Development.

Is it that research agencies have so much work pouring in that this topic isn't considered important?

I'd be interested to hear your views.



Business Development

Sounds like this would have been a good topic.

I went back to college to pursue my degree and this is one of my focus points. A company must do market research to determine if it is a worthwhile business model. Even our class teaches entrepreneurs starting out to do their research first.

I hope this topic gets some attention.

Being creative entrepreneurs

Yes, I am a student as well. We are tought that the balance between innovation - creating something new - and research - observing the old - is the right way.

Global Economic Downturn: A Crisis of Political Economy

Classical political economists like Adam Smith or David Ricardo never used the term "economy" by itself. They always used the term "political economy." For classical economists, it was impossible to understand politics without economics or economics without politics. The two fields are certainly different but they are also intimately linked. The use of the term "economy" by itself did not begin until the late 19th century. Smith understood that while an efficient market would emerge from individual choices, those choices were framed by the political system in which they were made, just as the political system was shaped by economic realities. For classical economists, the political and economic systems were intertwined, each dependent on the other for its existence.