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In a recent post on NextBillion, Stuart Hart, who co-authored The Fortune at the Bottom of the Pyramid with C. K. Prahalad, wrote with concern about the potential of creating disruptive innovations for poor customers that can trickle up to Western markets. We don’t believe Professor Hart has anything to worry about — because major corporations have demonstrated no meaningful interest in the bottom-of-the-pyramid market. And we don’t think they’re likely to do so in the future, either.
NexThought Monday: Who will grab the fortune at the base of the pyramid?News
We have to clear our minds of a fallacy about poverty alleviation: Helping the poor does not mean welfare. This isn’t to say that we don’t need welfare. Ignoring the unfortunate who can’t put enough food on the table or afford proper education or healthcare is not just cruel, it’s bad economics.
Here’s How You Help the Poor Without Soaking the RichNews
Gangs selling counterfeit high yield seeds are trapping farmers in a cycle of poverty as crops fail.
Fake seeds force Ugandan farmers to resort to ‘bronze age’ agricultureBlog Post
The Global Health & Innovation Conference, held over two days on the Yale University campus, provides an opportunity for some of the most innovative thinkers in health care around the world to exchange ideas.
‘Lean So Far Into It That You’re At Risk’: … and 20 other quotable quotes from the Global Health & Innovation ConferenceNews
A ‘national roaming’ regulation is in the pipeline to make it mandatory for the existing four mobile network operators to allow cross-network usage of their facilities countrywide, the regulator said on Friday.
In Kenya, roaming rules to force telcos to share facilitiesNews
I have written about the misconception by some members of the general public that equity crowdfunding and rewards-based crowdfunding are the same thing. Many people are misinformed and do not understand that Title III of the JOBS Act has nothing to do with rewards-based crowdfunding. If you don’t believe me, read some of the comments to the SEC where comment writers were unnecessarily worried that equity crowdfunding would kill Kickstarter and its ilk.
OPINION: The Oculus-Facebook Buyout: The Best Ad For Equity Crowdfunding EverBlog Post
A review by the Overseas Development Institute (ODI), of social enterprise activity in the agriculture and health sectors of Kenya and Vietnam found that hybrid-model social enterprises cluster in niches that mainstream business and state provision do not reach. Identifying and understanding these context-specific niches could hold the key to effective support of social enterprise activities.
Niches for Social Enterprises: How hybrid-model social enterprises cluster in Kenya and VietnamBlog Post
With 1.3 billion living without electricity worldwide, the need for off-grid energy solutions is massive. In Part 3 of our Digital Finance Plus series, Peter Glenn of Fenix International describes how the company uses mobile finance to provide an innovative payment plan that helps make solar energy affordable to people in emerging markets.
Lease-to-Own Energy: Part 3 of our Digital Finance Plus series explores how mobile money is enabling affordable off-grid solar energy solutions
