#economy

The COVID-19 pandemic is battering the global economy and forcing the “powers that be” to roll out short-term strategies to inject liquidity into markets, provide support for the unemployed and boost health systems with resources. Governments around the world are designing medium and long-term economic recovery programmes, and many legislators, organisations and companies are planning a green recovery.

In 2015, all the member states of the United Nations (UN) approved the 2030 Agenda for Sustainable Development - an action plan to help people and the planet, encompassing the 17 SDGs.

The circular economy entails a radical change in perspective by people and companies when it comes to dealing with the lack of resources, environmental impact, value creation, and employment.

The transition to a decarbonised economy is not only essential to halting climate change, but is also a driver of economic growth with the potential to create millions of green jobs. We are talking about jobs aimed directly at protecting the environment or which seek to minimise impact on the health of the planet.

Startups are emerging companies with a small but very agile and brilliant structure, the result of groundbreaking ideas with which entrepreneurs want to change the world. They have a scalable business model, adopting technology and innovation as the basis for their growth. The difference with respect to an SME lies not only in their capacity to innovate, but also in their flexibility to adapt to changes and in their customer focus.

Open innovation is an invitation for people within a corporation — employees — and also those from outside of it — suppliers, clients, entrepreneurs, start-ups, etc. — to provide their knowledge to drive new projects and generate value. The term isn't new, but self-managed team work is still in at a very early phase in the business sector.