Disruptive Innovation for Social Change
The PSD Blog points to the Harvard Business Review, which has a worthy article in its December issue that should interest NextBillion readers.? Disruptive Innovation for Social Change, written by Clayton Christensen (among others), argues that
too much social investment in established organizations [means] that [they] rarely disrupt their business models, even if they aren’t working. Instead, financing should support “catalytic innovations” that find new ways of serving many more at lower cost. Cited examples of such disruptive initiatives include microfinance and groups such as KickStart that develop low-cost equipment for poor entrepreneurs.