Internet becoming accessible everywhere, whether it was Wi-Fi at work, on your cell phone as you traveled. People had it at home with broadband. There was a big change.It used to be people used the Internet primarily at work, because that's where they had a good connection. Now they're using it at home. And the second big change is, they used it not just to get information, but to communicate with one another. And, so, it became not simply an information exchange, but a personal exchange, a communication mechanism.
If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If it's an unattractive place, it will have a relatively low exchange rate. Those are the fundamentals that determine the exchange rate in a floating exchange rate system.
Innovation is fostered by information gathered from new connections; from insights gained by journeys into other disciplines or places; from active, collegial networks and fluid, open boundaries. Innovation arises from ongoing circles of exchange, where information is not just accumulated or stored, but created. Knowledge is generated anew from connections that weren't there before.
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