2019-04-09

0. International Political Economics & New Economies (updated on 2022.June.22)


0. Background: See link Modernization

  • Technology & Investment/Finance (2 wheels of industrialization) from Europe and British Empire -> US -> WTO (World Trade & International Division of Labor) 
  • Oil & Currency (USD/CNY?)
  • Since 2019, how pandemic diseases (e.g. COVID-19) will change the world? Border closed -> Regional Segregation -> Secure resources (medical, medicines, vaccines, automation & 5G/AIs..) -> New Supply Chain/Logistics 
  •  Since 2022 Feb-24, Russia-Ukrian war also causes heavy inflation (gas, grains..)
  • US FED raises interest rate in June, July, ..of 2022.
  • Slow down or Recession?


1. US International Strategies

  • US against Russia, Japan, Islam, China
  • US allies: Europe, The Five Eyes, Japan.. (Indo-Pacific)
  • Let Labor-intensive industries go to: Mexico, Southeast, India..
  • Keep knowledge-intensive industries in US and promote USD as a word-trade currency (open markets, trade deficit, technology & industry & education, entertainments, culture..).
  • Open China Market (WTO, trade negotiations..) <= Game Theory playing =>> New Cold War between US vs.China allies (redistributing trade deficit to other friendly countries)
  • West (US/EU) against East (Russia/China)?



2. China International Strategies

  • Internal: Xi learned from Mao and his experience during Cultural Revolution (1966~1976). He set concentration camps for Xinjiang dissidents and sent in obedient people and armies to rule them. Now, I speculate he'll do similar things to Hong-Kong and Taiwan. Less blood inside and less opposition outside. Take control over these regions slowly and quietly.
  • International: Xi learned from US. Expand trade and economic influence and promote RMB as a word-trade currency (The Belt and Road). 
  • Xi keeps his ruling (autocracy of one party mixing Ching Dynasty + Mao ruling) without the limit of 10 years. It will delay China's further economic development in decades until his death like Mao.


  • Xi's main character looks like the Hoarding orientation which positive & negative aspects are as the following descriptions in Erich Fromm's book "Man for Himself" published in 1947. 
Positive Aspect
Negative Aspect 
practical
unimaginative
economical
stingy
careful
suspicious
reserved
cold
patient
lethargic
cautious
anxious
steadfast, tenacious
stubborn
imperturbable
indolent
composed under stress
inert
orderly
pedantic
methodical
obsessional
loyal
possessive


2.1 Hong Kong People's Awakening

  • 1949 Sino-British Joint Declaration: HK would be returned to China in 1997 and kept autonomous for 50 years until 2047 (One country, two systems).
  • Hong Kong played a role for attracting foreign investments and kept booming.
  • 2019 Hong Kong People found CCP's ruling was getting in because of Extradition Law Amendment Bill. They were awakened and fighting for autonomy.
  • Tibet and Xinjiang are the examples for them. CCP is the most wicked organization in the world like Nazi.

2.2 Taiwan International strategies

  • Cooperate with US as one ally (President Tsai Ing-wen).
  • Expand trade and economic influence (a bridge between developed countries and developing countries),
  • Competitive Industries: Semiconductor, ICT, 5G/AIot, ..
  • Strategic Industries for future development in Asia-Pacific: Medical & Health Care Center (Biotechnology), Financial Center & Services (take part of HK's funding and experts), Aerospace Technology, Chinese Cultural creation (Pop music, movies..), Agriculture & Ecology Center, ..

Note: Center is an application & data center (a platform, a network & a supply chain). It doesn't have to be big or tangible. 


3. Russia International Strategies

  • Putin (autocracy of one party and his charisma) exploits Russia's natural resources (Oil, gas, metals,,) and military forces to gain political and economical advantages.
  • Putin's main character looks like the Exploitative orientation which positive & negative aspects are as the following descriptions in Erich Fromm's book "Man for Himself" published in 1947. 
Positive Aspect 
Negative Aspect 
active
exploitative
able to take initiative
aggressive
Able to make claims
egocentric
proud
conceited
impulsive
rash
self-confident
arrogant
captivating
seducing





4. Demography

  • Aging society with fewer children 
  • M-Form Society
  • Movement of People (tourists, immigrants- capital, skilled, young..): See link Demography (Video in Chinese subtitle)

5. New Economies

  • ICT: Computer & 3C 2/2.5G -> Cell Phones 3/4G -> Big Data & AI & 5G
  • Digital contents (TV/Movies, Vlog, live broadcasting..)
  • ID & Security check
  • The Experience Economy: experience, sensational, entertainment, culture & culture differences, art, theme facilities, events, AR/VR, personal..
  • Movement of People (tourists, immigrants- capital, skilled, young..)
  • Medical & Medicare Economy (because of aging society and unhealthy foods & lives)
  • Pandemic diseases (e.g. COVID-19) will destroy, re-build world economy, re-organize UN/WTO/WHO, and accelerate the applications of automation & AIs.

References

  1. Lecture "Service Sector: Its Essentials, Value Creation and Business Models" (by Prof.  Chiang, Chiung-Tsung, College of Management, National Taiwan University)
  2. See also the following link: Basic 1. Types of Human Characters extracted from Erich Fromm's book " Man for Himself" (1947);


2019-04-07

Vision 3. AR Hospital for People of All Ages

Customers & Their Main Targets 

  • 0~12 (year-old):  Physical & Senses Growth
  • 12~18:  Physical & Senses Growth & Development (Sports & Interests)
  • 18~30: Work & Life Style, Increase Muscle & Fat Loss
  • 30~40: Work & Life Style, Pressure & Metabolism
  • 40~60: Early Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing 
  • >60: Later Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing & Dying
  • To break information asymmetry situation: to know more health information about him/herself -> to gain expert suggestions -> to search right/available solution -> execution & tracking 

Key Factors

1. Customer sets a health target -> Personal Physical Scan & State, Profile (habits, family, culture, life style, work, sickness history..)
2. AI: front-end (AR hospital, consulting), back-end (big data, epidemic,  suggestion of hospital & doctor)
3. Treatment & Corrction (contracted suppliers, chain stores or franchise?)
4. Multi-lingual Support (for medicare & consulting services)
5. Medicare System/Insurance/Business building and developing
6. Build a platform for customers & examinations, clinics, hospitals.



2019-04-03

Product 06. AR Facility- AR Hospital for People of All Ages (updated on 2020.5.22)


1. Customers & Main Targets 

  • 0~12 (year-old):  Physical & Senses Growth
  • 12~18:  Physical & Senses Growth & Development (Sports & Interests)
  • 18~30: Work & Life Style, Increase Muscle & Fat Loss
  • 30~40: Work & Life Style, Pressure & Metabolism
  • 40~60: Early Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing 
  • >60: Later Stage & Care of the 3-Highs (Blood Sugar/Lipid/Pressure) & Ageing & Dying
  • Flu & Epidemic: Vaccination, Traveling History
  • Content: Food & Nutrition, Personal habits, Medical &  Medicare
  • To break information asymmetry situation: To know more health information about yourself -> to gain expert suggestions -> to search right/available solution -> execution & tracking

2. Function block & Road-map of the system

  • ID (patients, doctors, pharmacists, employees, treatment or correction.., e.g. Zebra- Business Solutions) & Permissions
  • Registration 
  • Character AIs among Social Networks
  • News & Medium to attract free users as more as possible
  • Map of Medical facilities (Clinics, Hospitals..)
    • Health Examinations according to customer's age and target to get his/her own Health Classification
    • Symptom Cause & Analyses
    • Consulting services: Medical treatments (according to hospital system) & Diet suggestions 
    • Key-point Examinations and tracking (according to personal targets)  per a period of time..
  • Map of Food & Nutrition (Stores)
  • Map of Exercises (Locations)


3. AI role-playing

  • User (with Receiving character) vs. helper AI (with Exploiting character): function touring
  • User (with Exploiting character) vs. Secretary AI (with Receiving character): voice commanding or clicking to jump to a function he wants to execute.
  • User (with Hoarding character) vs. care-giver  AI (with Hoarding character): daily care 
  • Promotion or sales representative (with Marketing character): Examinations, events, warning (of flu, epidemic, disease warning)
  • ..

  • 3.1  Helper AI (with Exploiting character): Register, Nurse, Doctor..

  • 3.2  Secretary AI (with Receiving character): to keep your personal profile and states
     

  • 3.3  Adviser AI (with Hoarding character): Examinations & Diagnosis, personal doctor, family doctor, specialists, ..

  • 3.4  Sales AI (with Marketing character): Examinations or Event representative
 

  • 3.5  Treatment Planner AI (with Hoarding character): The AI which makes a plan for you to do some specific treatment, food/nutrition, sight-seeing.. in Taiwan.

4. Related Industry Cluster

  • 4.1 Competitive Industry in Taiwan: Taiwan has National Health Insurance for every people so it has 23-million people as a base of customers, higher cost-performance of medical & medicare services, most intelligent medical experts & school students, hardworking professional nurses than other countries. This platform has the potential to be developed into a competitive industry in Taiwan and attract other country's customers.
  • 4.2 Medical Cluster: Northern Taiwan with many Medical Centers or Teaching Hospitals
  • 4.3 Medicare Cluster: Suburban districts around Medical Centers or Teaching Hospitals


5. Free & Charge

  • 5.1 Free to attract more users in short time to become dominant (Platform Strategy): Basic APP functions, Helper AI, Secretary AI..
  • 5.2 Charge to get income: Adviser AI (from Consumers), Sales AI (from Business customers), consulting, 

6. Finance & Funding

  • 6.1 NPG (Nonprofit Organization) for medical & medicare services because it may adopt government resources and research data. Its goal is to serve more people rather than profit more but it has to balance profit and loss under finance plans.
  • 6.2 Separate IT services as a private corporation. It can serve other business as a new UI (banking, consumer electronics, hotel booking & sightseeing, ..). It may need funding from public market to grow fast to become dominated in the field (network business, see Company 05. Platform Strategy). 

See Also




2019-03-18

Company 04. Where to Start?

1. Choose what kind of products to start ( Five/Six forces analysis)
  • least cash 
  • high entry barrier
  • in some industry cluster for stable cost
  • new market (least competition) 
  • high quantity or high profit



2. Key professionals/specialists in the field

3. Find interested investors for long-term investment.

4. Choose a industry cluster to start a company..


Company 03. Industrial Clusters

See All Titles with Product XX:

You can find the section "Related Industry Clusters" in the last par of these articles (take Taiwan as an example).


  • Product 02. AR Device- Helmet or Goggles

  • Product 03. Training or Learning with a skilled AI

  • Product 04. AI Device- Smart Speaker (as a Platform of Services)


  • Product 05. AI Device- Electrical Appliance



Company 02. Product & Market Positioning & Developing



Market Trend Analysis & Developing

  • Pick a product/service with High Quantity or High Profit potential.
  •  Five/Six forces analysis (See blog Where to start?)

Company Resources Analysis & Developing

  • Key resources & core competitiveness
  • Own it or sell it? (Producing by yourselves or outsourcing?)

Product & Company Positioning & Developing

  • Segmentation (Target Market and Target Customer)
  • Customer Values/Product Values -> Costs/Profits
  • Product portfolio
  • Industry cost & cluster
  • Product & Market developing & testing 
  • Final positioning
  • Branding & distribution (sales channels)
  • Startups financing (VC)

Objective & Goal

  • Product life cycle (High Quantity or High Profit?) & BCG Matrix
  • Company financing  (Stocks or PE)

KSFS & Strategy

  • Build KSFS (Key Success Factors) based on company resources with right strategies. to meet Objective & Goal

References

  1. Lecture "Product Marketing at High & New Technology Field" (by David Lo, GM of InrayTek, MBA of Business Administration, National Taiwan University)
  2. Lecture "Innovation: Technology, Market and Business Models" (by Prof. Chiang, Chiung-Tsung, College of Management, National Taiwan University)



2019-03-15

Company 01. Innovation, Business Life Cycle, Cash flow & Risks

Technology Hype Cycle




Gartner Hype Cycle for Emerging Techologies, 2016


Business Life Cycle


Book: Payback: Reaping the Rewards of Innovation 

Hardcover – January 9, 2007













Financial Statements

1. Balance Sheet
https://www.wikihow.com/Make-a-Balance-Sheet-for-Accounting


2. Income Statement
http://www.authorstream.com/Presentation/drawpack-879076-balance-sheet-and-income-statement-diagram/


3. Cash-Flow Statement
 https://www.edupristine.com/blog/cash-flow-statement-in-detail



4. Shareholder's Equity 
https://case-statement.com/4-stockholders-equity-statement-example/


5. BCG Matrix

6. BCG Matrix & Product Lifecycle


References

  1. Lecture "Innovative Business: Its Financial Strategy and Investment" (by Prof. Chiang, Chiung-Tsung, College of Management, National Taiwan University)