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Ironically enough, I found myself reading this article in the New York Times on an New Jersey Transit express train this morning.? The irony is that I was on my way to a meeting with the Acumen Fund, talking about ways WRI and Acumen might work together. ? Why ironic (cue Alanis...
Entrepreneurs Hope to Make it to “The Show”News
It became a model for Thomas S. Lyons, a professor of entrepreneurship at Baruch College?s Zicklin School of Business in New York, and Gregg A. Lichtenstein, a business consultant in Margate, N.J., who were searching for ways to develop entrepreneurial talent. ?We kept coming back to baseball?s farm system,? Professor Lyons said. ?It is one of the best talent-generating systems in the world.? The pair had an ambitious goal: to build a system in underserved and overlooked regions of ...
Entrepreneurs Can Earn Their Stripes in the Minor Leagues, TooBlog Post
Jane Nelson, who wears many hats (IBLF, Kennedy School, Brookings), spoke yesterday at a meeting of the Global Poverty Roundtable at the GlobalWorks Foundation here in Washington. Jane offered a wide-ranging, yet concise summary of all of the ways business can engage in development. Jane said ...
Jane Nelson on Business’ Role in DevelopmentBlog Post
I attended an all-day workshop at the IFC yesterday on their Grassroots Business Initiative (GBI). A half dozen of the Initiative’s enterprises from Africa, Asia, and Latin America, and 30 or so GBI partners also attended, along with their program staff. The meeting was conducted under...
Grassroots Business Initiative Grows TallBlog Post
In my old age I?ve come to understand that points of ideological contention can be very eye-opening. My friend Akwasi and I considered each other relatively liberal, like-minded urbanites until we had the ?gender role? conversation. Yes, that one ?the quintessential Mars/Venus debate....
Women at the BOPBlog Post
I have to admit, when I first encountered Karnani?s initial critique of BoP, entitled ?Fortune at the Bottom of the Pyramid: A Mirage? I was beside myself with excitement. Although I had read much of NextBillion?s content with interest and hope, I couldn?t help but wonder, ?Where...
Tayo Akinyemi’s BOP 20 QuestionsNews
ET: At a time when the Indian economy is registering the highest growth rates ever, the biggest preoccupation now - and rightly so - is to ensure that we are able to develop a model for sustainable growth. We welcome Professor Joseph Stiglitz in Mumbai. At ET, we’re privileged to host this breakfast meeting between you and Nachiket Mor of ICICI Bank. This session is meant to explore issues relating to India’s search for a more inclusive model of growth. We would also explore w...
Go Micro for Macro SpeedNews
Four billion people form the base of the economic pyramid (BOP) ? those with incomes below $3,000. Yet together they have substantial purchasing power as BOP constitutes a $5 trillion global consumer market. This was stated in World Bank?s report released Monday titled ?The Next 4 Billion?. The data compiled by the bank reveals that BOP population, though made up of very low income groups, is the largest consumers in food, transport, health, energy and water sectors in their economies...
Low-income groups form a $5 trillion consumer market
