An Affiliate of the U.S. Chamber of Commerce

Get Email Updates

Sign up today to receive information and event invitations from the U.S. Chamber of Commerce Foundation.

Next Event

Apr28
What makes leaders effective in an environment that is rapidly changing, volatile, and unpredictable? And what makes those effective leaders get the most out of life?

Blog

By: Ken Stier
After three tours of duty in Iraq as an Army medic, Will White came back stateside with a business idea.

BHQ

 

The Business Horizon Quarterly's (BHQ) purpose is to share informed insights on emerging issues facing the American business community.  By asking questions like “what is growth?” and “what is innovation?”, we aim to inform and to spur debate.

Read it, share it, discuss it, and subscribe! 

Now available for the Ipad, Kindle and Android Tablets

January 14, 2014
As America undertakes the abiding national mission of advancing our interests and values abroad, our success depends on harnessing a vital asset in the cause—our marvelous private sector. Properly enabled, U.S. businesses and nongovernmental organizations (NGOs) can greatly expand America’s in!uence, particularly in strategically vital regions where our military presence is being reduced.
 
Despite what we sometimes think, leaders and people in vital regions around the world—including geo-political hotspots—remain eager for economic,
political, and civil engagement with the United States.
January 14, 2014
For much of history, profit-making typically meant profit-taking. Wars were fought for land and resources, while men grew rich from subjugating others. Money changed hands, but productivity barely budged. According to economic historian Joel Mokyr, whenever a society managed to raise its standard of living, rent seekers “came either from within the economy in the form of tax-collectors, exclusive coalitions, and thugs, or they came from outside as alien pillagers, mercenaries, and plunderers.”1
 
 
Of course, rent-seekers exist to this day, but since the Industrial Revolution, productivity has climbed drastically across the West due to the creative work of a new breed of proft-maker—the innovator. Rather than playing tug of war for limited resources, innovators circumvent those limits by applying their knowledge of the world to devise methods that combine resources more efficiently. Due in large part to their work, real U.S.
January 14, 2014
Prizes have existed since the dawn of man. As modern civilization grew, they become a tool for incentivizing progress. Yet, it was only in the past few centuries that we came to view prizes as some of the most effective—and overlooked—tools for incentivizing breakthrough solutions.

Prizes are wrapped up in a quest for prosperity and economic growth, which in turn depends on the development of new ways of working, living, and thinking—in short, innovation. We need ways to incorporate more market gain into the personal incentive to innovate. Intellectual property does so by rewarding innovators with ownership of their work and a share of its value over time. Prizes also act as incentives by bringing forward a share of future gains from innovation into the present while releasing ownership of the work to the public.
January 14, 2014
By: Al From
During the 1932 presidential campaign, Franklin Roosevelt delivered to the Commonwealth Club in San Francisco one of his most important speeches, addressing “the relationships of government and economic life that go deeply into our daily lives, our happiness, our future, and our security.”
 
The purpose of Roosevelt’s speech was to outline a new social contract for a country falling into economic depression.
 
“The Declaration of Independence discusses the problem of government in terms of a contract,” Roosevelt said. “Government is a relation of give and take, a contract, perforce, if we follow the thinking out of which it grew. Under such a contract rulers were accorded power and the people consented to that power on consideration that they be accorded certain rights. The task of statesmanship has always been the re-definition of these rights in terms of a changing and growing social order.

Pages