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Essay Instructions: Economy -MB
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Explain the role of innovation in determining long-term economic growth and provide three public policies that are likely to encourage innovation. Provide an example of a recent innovation that has the potential to have a significant impact in one or more industries.

Helpful resources. (You are not limited to those listed below and encouraged to find additional references from your own research. Major newspapers are good sources.)

Rising to the Challenge: U.S. Innovation Policy for Global Economy
?Schumpeter: in His on Words.? M. Cox, Economic Insights, 6:3. Dallas FRB.
Strategy for Innovation. White House
Obama vs. Romney on 7 innovation policy issues, The Business Journals

?Provide a concise explanation of the role innovation plays in long-term economic growth.
?Incorporate credible references in the essay that support your explanation of innovation?s economic role.
?Give an example of a recent innovation (scientific discovery, a new product or service, or a modification of an existing product) and describe that innovation?s potential to make a significant impact on, or even transform an industry
?Demonstrate the ability to take macroeconomic information and meaningfully apply them strategic considerations/actions to protect or increase value for the selected enterprise or organization.

Excerpt From Essay:

Title: The Economy of China

Total Pages: 6 Words: 2343 Bibliography: 4 Citation Style: MLA Document Type: Research Paper

Essay Instructions: Here is the proposal of this paper. Please follow the proposal and maybe suggest sth new:)
Motive question: What are the major difficulties for the China?s private industrial enterprises? development?
First of all, the established market economy is far from being perfect. At the end of 1978s, China is trying to transform from planned economy to market economy. This transition enables China to develop so fast, as seen from the miraculous growth in GDP. However, it worth to note that China?s economy is hybrid of the market economy and planned economy. We can see from two aspects. 1. State-owned enterprises (SOEs) continue to monopolize the important industries such as railroad, banking and petroleum. During the first reform period, although under the policy of Zhu Rongji, In my opinion, SOEs are similar as ?danwei?. According to the definition on class, danwei is the basic unit for organizing production, living arrangements, and social insurance. because I will parallel SOEs with ?danwei? because I think there are a lot of similarities. And then analyze the bad effects of too much SOEs for China?s private industrial enterprises. 2. Government has a direct influence in the microeconomic activities by approving investment projects, requiring administrative licensing for market access, and controlling prices. In my opinion, the bad effect is ?guanxi?. Corruption exists because government officials can offer private industries a bigger market. (eg: Liu Zhijun who was the minister of railways in china from 2003 to 2011)
Secondly, there is a technology gap between China and developed countries. Government merely has support policies for private industries? technology development. What's more, a lot of Chinese industries are buying the most advanced equipment abroad with a high tariff.
Thirdly, less Chinese tend to work for private industrial enterprises. We can see this problem from two aspects. 1. According to a survey by an economic professor in Tsinghua University, ?about half of the jobseekers chose SOEs as their ideal workplace?. One of the jobseekers says she was shocked by the heavy workload when she worked as an intern at a private company. Actually, her situation is a common phenomenon in China. 2. Among private industries, private business enterprises are more attractive than industrial ones partly because of the workload.

Excerpt From Essay:

Title: economy of the BRIC countries

Total Pages: 10 Words: 2753 Sources: 10 Citation Style: APA Document Type: Essay

Essay Instructions: The BRIC (Brazil, Russia, India and China) countries are increasingly important in international business. In this case briefly describe the economy of the BRIC countries and identify reasons why the BRIC countries are growing in importance.

Excerpt From Essay:

Title: Intro to Interdisciplinary Science

Total Pages: 2 Words: 647 References: 5 Citation Style: MLA Document Type: Research Paper

Essay Instructions: This is a two part project consisting of two discussion questions. Module 6 discussion 1 - Unplanned versus Planned Economy, and Module 6 discussion 2 -Globalization and the U.S. Economy.

The second part of this project requires a 1500 word paper consisting of The Pragmatic Economy
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