Prof. Ruud Wetzels has been appointed as a professor at Nyenrode Business Universiteit as of 1 July to hold the chair in Data Science. In this chair, Wetzels will be conducting research focused on applications of Artificial Intelligence (AI), mathematics and statistics in the business world.
The turmoil surrounding the economic situation in Italy has returned in recent weeks. Based on inflation expectations, however, Italian consumers intend to remain in the eurozone. Inflation expectations would indeed rise if the country were to leave the eurozone, though the findings show that inflation expectations actually fall during times of concern over the eurozone’s future. This points to an internal adjustment mechanism within the eurozone. This is one of the conclusions reached by Beau Soederhuizen in his dissertation titled “Empirical studies on (un)conventional policies and macroeconomic adjustment during the crisis”, for which he will receive his doctorate from Nyenrode Business Universiteit on 11 June 2018. At age 26, Soederhuizen is the youngest person ever to earn a PhD from the university.
Insight into Electronic Health Record (EHR) workarounds can help healthcare organizations to increase patient safety as well as the quality and efficiency of care. In order to achieve this, the entire care provision system must be included. This is one of the conclusions reached by Dr. Vincent Blijleven in his dissertation titled “A Sociotechnical Perspective on Workarounds Emerging from Electronic Health Record System Usage in an Academic Hospital Setting”, for which he received his doctorate from Nyenrode Business Universiteit on Wednesday March 28, 2018.
On February 15, the second digital ecosystem roundtable took place at Nyenrode Business Universiteit, in partnership with T-Systems Netherlands. The topic was about digital entrants versus digital natives and how both deal with digital ecosystems with many stakeholders.
The outcomes of research on innovation in family businesses debunk the myth that family businesses are not innovative. This is according to the research report by Prof. Dr. Roberto Flören, professor of family businesses at Nyenrode Business Universiteit, in collaboration with ING and NPM Capital. Family business owners are more supportive of innovation policy than owners of non-family businesses. At the same time, the study shows that when more financial resources are available, nearly one-third of family businesses will be more innovative. Family businesses are therefore on par with other types of businesses when it comes to innovation.
Digital transformation, spearheaded by technologies such as Artificial Intelligence, robotics, biotechnology and the Internet of Things, is likely to push societies towards economic and political instability. With most economic structures relying almost entirely on employment – and on employees spending their wages – mass redundancy caused by ever-more efficient tech taking on human roles could throw the system into chaos and significantly widen the gap between the rich and the poor. As politicians scramble to resolve these issues, the resulting decline in taxes and business subsidies is likely to make governing problematic.
The world’s largest companies are pushing a digital technology agenda that is changing the way the rest of the world works. Over $ 1.7 trillion in market capitalization resides in just four digital business masters: Apple, Google, Amazon and Facebook. It seems companies have no choice but to innovate if they want to compete and succeed and stay on the cutting edge of technology.