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For those of us living in developed countries, the idea of entrepreneurship is very romantic and idealistic. It’s often thought of in the vein of "Making your dreams come true!" and "You can change the world!" I would almost go so far as to say that entrepreneurship as we know it in the developed world is a luxury. Not so in the developing world.
Entrepreneurship for Survival at the Base of the PyramidNews
Products traditionally are created in rich nations and repackaged for emerging ones. But General Electric, Nokia, and others are reversing the process By Reena Jana This month, General Electric’...
Innovation Trickles in a New DirectionNews
A startup called Zeebo Inc. is betting that people in emerging markets want to play good video games just as much as people in the U.S., Western Europe and Japan do. Zeebo plans to launch its "video game console for the next billion" in Brazil next month for $199 and in other countries later this year for $179. It was developed using the cell phone technology of Qualcomm Inc., the San Diego company best known for its mobile phone chips. The Zeebo unit is light, and a lit...
Qualcomm Backs Game Console for the “Next Billion”News
Even Tata Motors’ competitors are all praise for the nano. "It reflects India’s maturity in different fields," says P Balendran, vice-president, General Motors India. "Other countries and multinational corporations, who did not look at India seriously as an innovation destination, will view us in a different perspective." Advocates of the ’fortune at the bottom of the pyramid’ theory see it as a vindication of their views. "If you have a very large population which ...
Nano Marks the Beginning of “Indian Century”News
At a recent private brainstorming session at United Nations headquarters in New York, Ban Ki-moon, the secretary-general, heard a uniformly grim assessment of the devastating impact the global financial crisis will have on the developing world. What began as an economic crisis was in danger of turning into a social, humanitarian, political and security meltdown that could spin out of control in the most vulnerable regions, his experts told him. The message they want him to take to...
Forgotten Victims of the Global Downturn in the Developing WorldBlog Post
Two weeks ago I attended the We Media conference as a We Media Fellow. The conference made me think a lot about the state of the "development through enterprise" community and us entrepreneurs working to fight poverty through innovative, private-sector-lead solutions. I’ll share with you themes from the conference as well as my key takeaways.
Key Takeaways from “We Media 2009”: A Branding Challenge for our Space?Blog Post
Many organizations have cited the need for Small and Medium Enterprises (SMEs) in developing countries to adopt IT to create new business opportunities and remain competitive in the global environment. Recognizing the lack of opportunities for IT education, New Ventures Indonesia has opened an IT training center for SMEs in Salatiga, Central Java.
Guest Post: New Ventures Indonesia Launches IT Training Facility for SMEsNews
By Michael Fitzgerald A funny thing has happened on the way to globalization: Innovation now trickles up from emerging to advanced economies. And it may be the way of the future. We know how innovation works. We get iPhones; those less fortunate overseas get whatever we dropped in the recycling bin on our way out of the Apple Store. We get Gore-Tex; they get 2007 New England Patriots 19-0 T-shirts. We get the Wii; they play rock-...
How Innovations from Developing Nations Trickle-Up to the West
