Monks and nuns make big business in France

After prayers at the Chantelle Abbey in Allier, central France, a marketing meeting between the abbey’s nuns and their employees discusses the latest orders for its on-site soap and cosmetics products, the delivery destination: Germany. The community of Benedictine sisters has been manufacturing cosmetics since 1954, after two sisters, a chemist and a mathematician, began the… Read more

Elon Musk Is Selling ‘The World’s Most Boring Hat’

Most people who dream of being entrepreneurs or a force for positive change in the world would perhaps envy Elon Musk for his achievements since he left PayPal. He started Tesla (and SolarCity, now a Tesla subsidiary) to electrify the automotive (and power storage) industry, and SpaceX changed the way we look at rocket launches (now… Read more

Alibaba’s Jack Ma shares insight into innovation, entrepreneurship

Jack Ma smiles as he attends a roundtable with Kenyan business leaders in Nairobi, Kenya, July 20, 2017. [Photo/IC] Jack Ma, the founder of e-commerce giant Alibaba, has offered some of his insights into running business and the role of innovation and entrepreneurship. The business magnate also shared with people how Alibaba has grown into what… Read more

IPO of ‘Angry Birds’ owner takes flight in Helsinki

Finland’s Rovio, creator of the hugely popular smartphone game “Angry Birds”, launched its initial public offering (IPO) on the Helsinki stock exchange on Monday, valuing the company at almost 900 million euros ($1.1 billion). Rovio said it was putting 37 million shares up for sale at between 10.25 and 11.50 euros apiece in the stock flotation.… Read more

China moves higher in global innovation index: report

BEIJING – China is steadily working its way toward a higher position on the world’s innovation index ranking, as a report released Friday placed it 17th on the index measuring innovation capability out of 40 major ranked countries. The national innovation index report 2016-2017 by the Chinese Academy of Science and Technology for Development (CASTED) shows… Read more

Many US scientists answer France’s call to come ‘make our planet great again’

The rap on Washington and the Trump administration these days is that nothing is getting done. Well, tell that to anyone concerned about the climate crisis. Sure, most of President Donald Trump’s legislative initiatives have gone nowhere in Congress. But Trump is delivering big time on his promises to gut the federal government’s efforts to fight… Read more

Digital Economy Seen Presenting New Opportunity for US-ASEAN Engagement

Countries that make up the Association of Southeast Asian Nations will be a wellspring of opportunity for the United States because of growth in the region’s digital economy and its young population, researchers say. Those combined forces will “create a much more dynamic [economy] … over the coming decades,” said Satu Limaye, head of the Washington… Read more

Erasmus program for Entrepreneurs

This week, Business Planet is in Berlin to talk about the Erasmus for Young Entrepreneurs (EYE) program. We speak to program coordinator Thomas Berger, Managing Director of the Institute of interdisciplinary research at the University of Applied Sciences in Fulda, Germany. Erasmus for Young Entrepreneurs is an EU cross-border programme facilitating the exchange of entrepreneurial and… Read more

Chinese college students: Should graduates launch startups?

Summer is the season for entrepreneurship, as millions of recent graduates hit the job market. A recent report on entrepreneurship among Chinese college students released by China’s Renmin University reveals the trend. Nearly 90 percent of the 430,000 students from 1,767 universities in 31 provinces surveyed say they’ve considered starting a business. More than 70 percent… Read more

What Is The Best Way To Think Of A Successful Startup Idea?

Q&A site Quora. Photo: Quora This question originally appeared on Quora. Answer by Yair Weinberger. There is no such thing as “idea” for a start-up, at least not in the sense that most people are thinking about it. At least not in B2B, but I suspect that not in B2C either. What was the “idea” behind… Read more

Elon Musk And The Future Of Tesla, Apple, Model S And Model X In 4 Quotes

This article originally appeared on the Motley Fool. As Tesla (NASDAQ:TSLA) CEO Elon Musk typically does during the company’s quarterly earnings calls, he shared key insighta about the business this week, including some comments on more speculative subjects. Commentary ranged from an update on what level of Model S and Model X sales Musk thinks Tesla… Read more

Entrepreneurs Outside US Can Attract Silicon Valley Backing

The venture fund 500 Startups has been making a splash in Southeast Asia, most recently with Khmerload, a Cambodian entertainment news website modeled after the American media giant Buzzfeed. Binh Tran, a venture partner with the firm, sat down with Sophat Soeung of VOA’s Khmer service to talk about how entrepreneurs in developing countries could attract… Read more

Small business the best option for America

“You didn’t build that!” may be an iconic Obama phrase, but a lot of Americans have built a lot of businesses and are proud of it. Calvin Coolidge said famously that “the chief business of the American people is business.” And the chief kind of business of the American people is small business. In 2010 there… Read more

Tesla: Absurd level of risk, Cult of Elon Musk equal disaster

WASHINGTON, April 25, 2017 – For the better part of at least two years, I’ve more or less held my opinion and my pen in check when it comes to the absurd mythological and virtually fictional character of Elon Musk, tech god and miracle worker. That’s because all Musk has done in recent memory is promote… Read more

It’s time to harness the power of African youth

Young people can offer the much-needed human capital to speed up economic growth and foster sustainability on the continent Africa, the continent with the biggest potential for growth because of untapped opportunities, is home to 12 percent of global oil reserves (Nigeria, Algeria, Angola, Sudan and new potential sources like Kenya); 40 percent of the world’s… Read more

Bioeconomy: One Billion Tons of Biomass

The federal agencies that provide the muscle for energy policy are finalizing plans to harness the energy from one billion tons of biomass per year. The “Bioeconomy Vision” is an effort to move biomass out of the laboratory and into the market. The goal, within the next 15 years, is production and commercialization of biofuels, renewable… Read more

YourCause Adds Innovation Leadership and High-Growth Experience with Hiring of Chief Strategy Officer, Brant Barton

YourCause LLC, the industry leader in employee and nonprofit philanthropic solutions, welcomes Brant Barton as Chief Strategy Officer, a newly created executive role responsible for product innovation as well as the company’s strategic vision for growing the reach and impact of its Global Good Network. Today this network is comprised of over 150 corporations with greater… Read more

Facebook Conference Highlights International Entrepreneurs
Khailee Ng wanted name brand clothes. So, as a suburban teenager in Malaysia, he shoplifted. He could have continued with his criminal life, he said, but took a different route. Ng started to build web pages because it was a better way to make money, he told a crowd at F8, Facebook’s developer conference in San… Read more