August 21, 2009 – 5:43 am
Money for innovation is very expensive as you have to pay for it with equity. In my experience it is a minimum of 10 times as expensive as a loan to purchase an existing asset. This, of course, is the opposite to what we want if we want to foster innovation. The reason that money [...]
August 21, 2009 – 5:36 am
The world is experiencing a Global Financial Crisis. It is called a Financial Crisis because it started as a problem with the financial system and has spread to the “real” economy. We can see the symptoms and effect of the crisis but there is little confidence that after we come through the problem it will [...]
August 13, 2009 – 9:46 am
The banks are not the cause of the Global Financial Crisis but are the solution. They can now, if they choose, solve the problem as they have been given the tool to do so with the government guarantee of deposits. In fact banks have, through their diligence, prevented the crisis from being much worse than [...]
Posted to http://gov2.net.au/blog/2009/07/27/online-engagement/#comments
Principle 14 – Reputation and Context.The transmission and accessing of information is more than the transmission of data. It is a communication event. Communication or the transfer of information is a social activity which requires both parties to know the reputation and characteristics of the other party and the context of the communication [...]
Electronic Social Networks are a modern phenomena. They depend for their success on the ability of people to easily share information and ideas with others. Their attractiveness comes from the ease with which people can join and leave groups, and from the ability to remain anonymous if desired. Unfortunately as they become more popular rogue [...]
Two ways of increasing investment in greenhouse gas (ghg) reducing technologies and practices are:
1. Raise the price of energy from fossil fuels and so encourage investment in non polluting production of energy.
2. Decrease the capital cost of investing in ways to reduce greenhouse gases.
Of the two, the second will be the most effective, [...]
Identification is a critical component of Web 2.0. Electronic communication between parties cannot take place unless both parties can be certain of the identity of the other party.
The current model of identification on the Internet is identification by data. We identify people by what we call them, whether it is a given name or an [...]
The government’s response to the Global Financial Crisis has resulted in a vigorous debate regarding appropriate levels of government debt and whether debt is a burden on future generations. This paper proposes a way for the government to stimulate the economy through funding innovation and investment in areas that historically have had difficulty attracting private [...]
Financing the National Broadband Network
The cost of last-mile access infrastructure is a major hurdle for broadband network suppliers around the world. Ideally the investment would be supported through the margin on the services provided over the network. However, in practice the capital cost of establishing the network must frequently be written down before the services [...]
Amasset is a new word to describe the investing of newly printed money to produce community assets for a specific community purpose. The purpose may be supplying a community with water, reducing greenhouse gas concentration in the atmosphere, building an urban transport system, supplying a community with a sewerage system, or any other form of [...]
