Author Archives: itnnov

Fire Safety Regulations After Brexit

Post-Brexit changes have affected all aspects of society, industries, and businesses across the UK. Fire safety regulations are one of the major areas of concern.  The UK’s newfound legislative independence has opened many questions. Have any fire safety rules changed? Do any of the current fire safety standards need to be amended since EU standards […]

Economics in Tech Companies

Have you heard that companies like Google, Facebook, Microsoft Airbnb, and Uber have all hired many Ph.D. economists? Economists have worked for decades on the design of markets and incentives, and today this work thanks to the internet, has got new applications in the digital economy! Let’s see the five main areas where economists can support […]

How can an empirical economists use machine learning

How can an empirical economists use machine learning

As empirical economists, how can we get the maximum from machines? We know that they do the work. Facebook offers ads, articles according to your interests, Siri understands voices, and Google translates everything. Doing these ‘intelligent” things is statistical and computational. Tackling empirically the tasks made it all possible. Let’s see how we can use […]

AI: Innovation or Just Our Future – How Automated Decision-Making Took Over the UK-EU Market

How Automated Decision-Making Took Over the UK-EU Market

Artificial intelligence (AI) has progressed rapidly and is no longer just a concept from a sci-fi movie. It’s already transforming many industries, from driverless cars to voice automation in homes.  The future is arriving faster than we could have predicted. AI makes us rethink how we integrate information, analyse data, and use those insights to improve […]

Brexit: Pharmaceutical Products and Import/Export

Brexit: Pharmaceutical Products and Import/Export

Brexit has affected all sectors of the economy, and the pharmaceutical industry is no exception. This industry in the UK provides tens of thousands of jobs and billions in tax revenue and research investment.  If you own a business related to importing and exporting pharmaceutical products, you need to be up to date on the […]

Importing Composite Products

import and sell your composite products in the UK.

If you have an established business that aims to introduce products to UK customers, you need to be up to date with the latest import rules and requirements.  Composite products are a special category with specific rules, restrictions, and exemptions. Let’s get right into all the steps you need to take if you want to […]

Impact of the EU-UK future trade relationship on the European pharmaceutical industry

EU-UK future trade

The Brexit earthquake has triggered tectonic rifts in many industries in Europe, including the pharmaceutical sector.  The aftermath is yet to be seen, but the rubble will take years to clear. A post-Brexit, mid-pandemic world is a challenge for the pharmaceutical industry. This text will tackle the critical implications of the new reality.   EU-UK Trade […]

Use of Machine Learning in Economic Research

Does your company feel the need to be more organised and productive? Do you wonder how you could implement and use information technology in business? Then article is for you – it will discuss some relevant IT topics and even share with you how to stay focused.  Today, we use information technology regularly in our […]

Importing products of non-animal origin

Importing products of non-animal origin

If you have a food business that imports products of non-animal origin into the UK, you need to be up to date with the current regulatory changes. Not managing the duty costs can affect your bottom line, and non-compliance could lead to expensive penalties. Read on to find out how to identify and avoid the […]

Adapting to Brexit in the pharma industry

The pharmaceutical sector is the third-largest industry in the UK. This sector adds £13.8 billion to the British economy per year (gross value added) on average. Pharmaceutical companies today try to figure out how to unravel decades of EU integration. Brexit will cause waves in procedures from now on. This may give additional costs for […]