Richard T. Watson (University of Georgia)  and Leona Chandra Kruse (University of Liechtenstein) Covid-19 has made us realize that there is another dimension to digital capital creation by governments. The first dimension is for them to create capital that facilitates the creation of digital capital by organizations within their realm. For example, to promote a digital economy, they might pass Read more…

Katharina Drechsler and Leona Chandra Kruse (University of Liechtenstein) What is LVC? The Liechtenstein Venture Cooperative (LVC) offers a novel approach to starting a new venture or developing an innovation. The LVC provides a legal framework to protect an innovative idea and collaborate with partners to develop the idea, while lowering the financial and legal barriers. The legal form offers Read more…

Leona Chandra Kruse and Katharina Drechsler (University of Liechtenstein) Why creative economy? As the saying goes, where oil was the primary fuel of the 20th century economy, creativity is the fuel of the 21st century. This century has also seen rapid technological progress and we are still experiencing the fourth industrial revolution (also known as the industry 4.0). Digital technologies Read more…

Richard T. Watson (University of Georgia, GA, USA), Stefan Seidel (University of Liechtenstein, Vaduz, Liechtenstein), and Katharina Drechsler (University of Liechtenstein, Vaduz, Liechtenstein) In the blog on “Capital Creation and Organizational Innovation,” you learned that all organizations are in the business of creating capital. Because of the competitive nature of a market economy, most enterprises need to continually transform their Read more…

Stefan Seidel (University of Liechtenstein) & Richard T. Watson (University of Georgia) During the Covid-19 Crisis organizations are facing reduced economic capital (revenue) as well as disrupted human capital (employees) and organizational capital (work practices), at least temporarily. At the same time, they are building new infrastructures in terms of new work practices and technologies—they are building new digital organizational capital. Read more…