McGill lecture october 2012
- 1. THE HANSEATIC LEAGUE WITH TWITTER & CREATING VALUE FROM GREEK GEOGRAPHY McGill GLOBAL COMMERCE LECTURE October 31, 2012 JIM DE WILDE www.jimdewilde.net @jimdewilde
- 2. HANSEATIC LEAGUE (CHARTER CITIES ?)
- 3. EASTERN MEDITERRANEAN IN THE 18TH CENTURY
- 5. GREECE RESTRUCTURING – THE PORT OF PIREAUS http://www.nytimes.com/2012/10/11/business/global/chinese- company-sets-new-rhythm-in-port-of- piraeus.html?pagewanted=all&_r=0 Kemal Dervis http://www.ft.com/intl/cms/s/0/466688d2-a8c2-11e0- b877-00144feabdc0.html#axzz2AVi5LQtc
- 6. THE REMAKING OF THE WORLD ECONOMY Raghuram Rajan http://blogs.chicagobooth.edu/faultlines BURSA MALAYSIA http://www.bursamalaysia.com/market/ Does Catalonia need Spain http://ecfr.eu/content/profile/C19/ Qatar restructures European banking http://www.nytimes.com/2011/09/15/world/middleeast/qatar- shows-faith-in-europe.html Indonesia as destination for private equity http://online.wsj.com/article/SB1000142405297020427630457726 1803114708294.htm
- 7. GLOBAL GEOPOLITICS Future Atlas and Political Geography MALI IS MORE IMPORTANT THAN YOU THINK China’s foreign policy dilemma THE COAST IS NOT LIKE THE INTERIOR U.S. foreign policy dilemma THE COAST IS NOT LIKE THE INTERIOR Malaysia, Brazil and Turkey CIVETs and BRICs India looks north, India looks east, India looks west a DUBAI- oriented strategy or a SINGAPORE-oriented strategy THE HANSEATIC LEAGUE WITH GOOGLE (Hargeisa, Benghazi) FINLAND PLANS A CURRENCY (From Bruges to Athens)
- 8. THE REINVENTION OF GLOBAL CAPITAL MARKETS: SWF AND VALUE CREATION GREEK PORTS SPANISH POLITICAL RESTRUCTURING CHINESE VENTURE CAPITAL INVESTS OVERSEAS FRUGAL INNOVATION REDEFINES INDIA STARTUP CHILE TIMBUKTU CHRONICLES INDONESIAN VENTURE CAPITAL WAMDA ANGOLAN SOVEREIGN WEALTH FUNDS
- 9. LINKING ENTREPRENEURS TO NEW SOURCES OF CAPITAL Venture capital as the new value creation What went wrong – how did the quants take control of capital markets? Linking global innovation (is there a global innovation hub that is virtual) How much growth can come from closes Tunisian Yahoo, Zambian Amazon.
- 10. WHAT DOES VALUE CREATION LOOK LIKE FROM DALIAN? Can we build a port ? http://www.bloomberg.com/news/2012-05-21/china-s-wanda- group-to-buy-amc-cinema-chain-for-2-6-billion.html http://www.businessweek.com/articles/2012-05-17/chinas-next- export-venture-capital For more on INNOSPRING, see http://www.innospring.net/ For more on WESTSUMMIT CAOITAL, see http://www.westsummitcap.com/.
- 11. WHAT DOES VALUE CREATION LOOK LIKE FROM HARGEISA? http://somalilandpress.com/vc4africa-extends-tech-support-to- somaliland-24493 http://vc4africa.biz/blog/2012/09/27/top-40-startups-selected-for- demo-africa-2012/ http://timbuktuchronicles.blogspot.ca/2012/05/maker-movement- starts-to-attract.html
- 12. WHAT DOES VALUE CREATION LOOK LIKE FROM OULU http://www.arcticstartup.com/2012/05/17/oulu-selects-butterfly- ventures-for-new-e35-m-early-stage-startup-fund http://www.ft.com/intl/cms/s/0/14cbb94e-1ebb-11e2-b906- 00144feabdc0.html#axzz2AVi5LQtc
- 13. REINVENTING GLOBAL MARKETS SWFs key to longterm investment All resource revenues should go to best practice SWFs How does China invest in new value creation? Does Digital Arabia become a new asset class? M-commerce makes Africa a rapid growth zone Global mobility redefines competitive advantage Connectedness becomes a competitive advantage (Montreal? Toronto? Vancouver? Waterloo? Saskatoon?) Arable land and agricultural productivity change the geopolitics of the world
- 14. GEOPOLITICAL TRENDS - BENGHAZI AS DIGITAL DUBROVNIK Every time a river is dammed, value is shifted Commercializing knowledge and designing new organizations Ignore colonial borders, it is about cities and social capital from national groups (think DUBAI, think KOCHI, think SHENZHEN, think PENANG, and of course SINGAPORE, HONG KONG) Understand the financing of infrastructure (“We are still paying for the Suez Canal”?)
- 15. NEW VALUE CREATION AND POST- INFORMATION AGE CAPITALISM Value is created by entrepreneurs Cloned venture capital (Tunisian online commerce) Arable land and capital formation SWFs and new economic actors Venture capital (Chinese SWFs and the new capitalism)