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Social Business Enterprises can Alleviate Poverty
Despite many advances global poverty persists. Models that rely on government action or capitalism narrowly defined as maximization of financial profit are limited in their ability to put poverty where it belongs ? in a museum. 18-September-2007: Despite many advances global poverty persists. Models that rely on government action or capitalism narrowly defined as maximization of financial profit are limited in their ability to put poverty where it belongs ? in a museum. The key missin...
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Legatum and MIT Announce the Creation of Academic Center Dedicated to Development and Entrepreneursh
New center to provide fellowships for aspiring entrepreneurs from the developing world Legatum, a private firm that invests in the global financial markets and in initiatives that support sustainable development, announced Sept. 17 a structured gift of $50 million to create a new center at MIT. The establishment of the Legatum Center for Development and Entrepreneurship will support aspiring entrepreneurs from the developing world who have a strong commitment to development entrepreneurship, hel...
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NComputing Changes Economics of PC Access Worldwide
Company Ships Over 500,000 Seats Less Than Two Years After Introducing Revolutionary Virtual PC Solutions; Rapid Adoption in Both Underserved and Business Markets Globally REDWOOD CITY, CA--(Marketwire - September 17, 2007) - NComputing, Inc., provider of the world’s most affordable solutions for PC access, today announced dramatic growth in adoption of its breakthrough systems for multi-user PC computing. With schools, government organizations and businesses worldwide turning to the company...
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Upwardly Mobile In Africa
How basic cell phones are sparking economic hope and growth in emerging?and even non-emerging?nations Precious little would seem to connect the Kenyan village of Muruguru to the 21st century. The red dirt roads become impassable in the rainy season. Only a few homes have electricity, indoor plumbing, or even a floor other than earth packed by bare feet. The villagers survive on corn, potatoes, and bananas they raise in hand-tilled fields, and earn a little extra cash by cultivating coffee beans ...
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1st ’Sari-Sari’ Store Chain Targets ’Bottom of the Pyramid’
Your friendly neighborhood ’sari-sari’ (mom and pop) store will soon sport a new look, thanks to Microventures Inc.’s pioneering Hapinoy Project. ANILA, Philippines -- Your friendly neighborhood ’sari-sari’ (mom and pop) store will soon sport a new look, thanks to Microventures Inc.’s pioneering Hapinoy Project. Paolo Benigno A. Aquino IV, president of Microventures, on Friday said the one-year old company would begin the makeover of 1,000 Hapinoy stores in Luz...
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Aravind Eye Hospital, Madurai
Spearheading the revolution of providing quality healthcare to the needy, Aravind Eye Hospital (AEH), Madurai, has won as many accolades from management gurus for its effective business model, as from its millions of patients. And why not? From a 11-bed Hospital in Madurai to the largest provider of eye care services in the world, Aravind has come a long way indeed. Working with the mission of ’Eliminating Needless Blindness’, the main hospital (paying section) has eight speci...
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Building Futures
Now 47, Jos? Antonio Reyes has worked for years as a builder in his native El Salvador and has never once thought about opening a bank account. On the face of it, he and his wife Edith Portales seem like some of the most unlikely people to have their lives transformed by innovations in trans-national finance. The couple live in a cramped and airless house in Soyapango, near the country’s capital, San Salvador, which they share with their son Fernando and their nephew Gerardo Alfar...
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Nokia’s Global Design Sense
Design Director Antti Kujala talks about how Nokia’s localized studios can create products that reflect the needs and aspirations of emerging markets Nokia (NOK) is looking to add 2 billion new users by the end of the decade by reaching out to emerging markets, including China, Brazil, Indonesia, Africa, and India (see BusinessWeek.com, 8/6/07, Nokia Wins with Wide-Angle Vision).Nokia operates nine satellite design studios located within targeted nations where researchers and des...
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