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Rising Ventures: Harnessing the Ingenuity of the BoP
Every entrepreneur has a story. Anyone with the wherewithal and acumen to start a business had to have something click at some point - a moment when they saw an unrecognized market opportunity and the perfect product or service to fill that gap. For Tommy Matthew, this moment came from...
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- Education
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- academia
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Guest Post: On Africa’s Development Compass, All Arrows Point Toward Rwanda
By Jeremy M. Goldberg and Andrew MackJeremy M. Goldberg is the Director of Communications for AMGlobal Consulting; Andrew Mack is a former World Bank official and Principal of AMGlobal Consulting. They blog at Andy’s Global View. Rwanda?! There it was again, the same puzzled look ?...
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- Education
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- academia
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India’s Dabbawalas Reinvent Themselves
It’s heartening to come across real stories of people, who are by no means rich or well educated, entering and supporting the market economy. In India’s financial capital of Mumbai, Dabbawalas, whose job is to carry and deliver freshly made food from home in lunch boxes to office...
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- Education
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- academia
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The Most Important Businesses You’ve Never Heard Of (Until Now)
I suppose “alternative energy” and “China” are indeed like peanut butter and chocolate, as Matt Richtel of the NYT analogizes. At first glance the combination seems incompatible (the word China to me for a long time conjured up images of massive coal power plants, not wind...
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- Education
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- academia
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Rockefeller and InnoCentive Partner to Bring Scientists to the BOP
The Rockefeller Foundation is partnering with InnoCentive to offer an innovative way of solving the science and technology challenges faced by the world?s poorest citizens. InnoCentive is a privately-held company that provides a web-based service to Fortune 500 companies to tap into a...
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- Education
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- academia
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Good for the MNC, Good for the BOP – Global Alumina to Open Major Mining Operations in Guinea
The BBC reported yesterday that Global Alumina ? a Canadian-listed corporation ? has partnered with the US-sponsored African Development Foundation (ADF) to structure a triple bottom line approach to mining in Guinea. The small West African country is among the poorest in the world, but it...
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- Education
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BOP Activity Update: Fair Trade, Social Marketing, Microfinance
The four newest organizations in the activity database have remarkably different business models for engaging with the BOP, yet they all do so successfully. Equal Exchange has shaken up traditional distribution chains and created value by cutting out multiple intermediaries and sharing risk...
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- Education
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Behavioral Economists Target the BOP
When it comes to marketing to the BOP, the challenges go well beyond simply finding a product or service that is useful. Successful organizations have spent years refining their models before finding an effective way to reach the poor as consumers. Those organizations that have found innovative...
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- Education
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- academia
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