Scotland’s decision to reject independence could leave the country in the worst of all possible worlds in terms of developing policies to promote value creation in an economy where services are dominant. The consensus among conventional economists was that independence…
Tag: Scotland
Scottish independence and the state in the age of intangibles
Value-creation in services is exclusively the product of constructive interaction at the level of the individual. This fact is testing business corporations and states in different ways. For businesses creating intangibles, the challenge is delegating responsibility for interaction with customers…