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Keeping Food on the Table During COVID-19: How Refugee Entrepreneurs Have Stayed Afloat – and Thrown a Lifeline to Others
The COVID-19 crisis has hit the food sector particularly hard, with far-reaching implications for both enterprises and the people they supply with food during the lockdown. Amy Gillett at the William Davidson Institute and Johanna Mendelson Forman at the Stimson Center discuss three key developments that are allowing food sector entrepreneurs to pivot to new business models that can help them weather these challenges.
- Categories
- Coronavirus, Entrepreneurship
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Is Vertical Integration Good or Bad for Off-Grid Energy Access? Let’s Get Specific
Pay-as-you-go off-grid energy business models are often vertically integrated, including elements of manufacturing, distribution, consumer financing, payment collection and after-sales service. But some believe it's more cost-effective to outsource many of these aspects of the business model to service providers. Paul Clyde and Colm Fay at WDI argue that vertical integration is neither inherently good, nor bad: They explore its history, and its advantages and disadvantages for the nascent off-grid energy industry.
- Categories
- Energy, Entrepreneurship
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Delivering Family Planning to Rural Customers: Are Mobile Pharmacies ‘Just What the Doctor Ordered’?
Pharmacies serve as key access points for family planning products in many emerging markets. In countries like Malawi, the number of pharmacies has ballooned by nearly 100% in the past 10 years. Yet it can be difficult to run a sustainable pharmacy business, especially in rural areas. Andrea Bare and Erika Beidelman at the William Davidson Institute discuss potential solutions – including an innovative mobile pharmacy – based on conversations with Malawian entrepreneurs.
- Categories
- Entrepreneurship, Health Care
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Five Ways the Private Sector Can Align with the Sustainable Development Goals
How can the private sector advance the UN’s Sustainable Development Goals, and what’s the best way to measure the success of these efforts? Those questions were among the topics explored at the recent Sustainability and Development Conference at the University of Michigan. Yaquta Kanchwala Fatehi and Dana Gorodetsky at the William Davidson Institute attended the event, and they share some essential insights on the private sector’s role in supporting the SDGs.
- Categories
- Agriculture, Entrepreneurship, Environment, Impact Assessment
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A New Battleground: Why Health Care Companies in Low and Middle-Income Countries Will Challenge Today’s Market Leaders
There's no question that today’s low- and middle-income countries will be a major part of health care businesses' portfolios. The only question, writes Paul Clyde, president of the William Davidson Institute, is which businesses will succeed at serving these customers. With local firms in these growing markets already competing for low-income customers, Clyde argues that multinationals will need to invest, sometimes weathering losses, to stay competitive.
- Categories
- Health Care
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Press Release: WDI Helps Launch New Student-Run International Investment Fund
The fund, called the International Investment Fund (IIF), will target small- and medium-sized enterprises (SMEs) in India. Graduate students enrolled at Ross and in joint-degree programs with other U-M schools and colleges will be responsible for investing, managing and growing the investment portfolio as part of a course at Ross. WDI has worked closely with Kaul to develop the fund and made an initial financial commitment to the fund.
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It’s Not a Diet, It’s a Lifestyle: Is Developmental Evaluation the Right Measurement Strategy For Your Organization?
Social enterprises working in emerging economies know it’s important to measure their social impact, but they often struggle to find the right approach. Like dieters looking for quick weight loss, they try one strategy or another – then grow frustrated when they fail. But according to Rebecca Baylor at WDI, there’s a solution that's geared toward the unique challenges these businesses face. Called “developmental evaluation,” it resembles not a fad diet, but a new impact measurement lifestyle. She explores this innovative approach, and how organizations can use it successfully.
- Categories
- Entrepreneurship, Impact Assessment
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Pitch Perfect: Five Tips for Designing Effective Business Pitch Competitions for International Entrepreneurs
The television show “Shark Tank,” in which entrepreneurs pitch their ideas to a panel of potential investors, has brought the pitch concept into popular culture. But in many emerging economies, not everybody is familiar with pitching. The William Davidson Institute's Amy Gillett and Kristin Babbie Kelterborn provide some lessons to help global entrepreneurship development leaders organize effective pitch competitions. Among their tips: Consider a more encouraging "dolphin tank" approach instead of a cut-throat shark tank, and work to leverage local entrepreneurial customs.
- Categories
- Education, Entrepreneurship
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