NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Monday, June 28, 2004

The World Bank and an Indian software association plan to invest as much as $1 billion in grassroots technology businesses. “Corporations should also step up such investments. By promoting local innovation and entrepreneurialism, the tech-for-the-masses movement could not only stimulate economic development in the countryside but also help find the key to turning the world’s poor into the next major source of global growth.” Read full article here.