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The Prosperity Paradox : How Innovation Can Lift Nations Out Of Poverty

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Global poverty is one of the world’s most vexing problems. For decades, we've assumed smart, well... Read More

Product Description

Global poverty is one of the world’s most vexing problems. For decades, we've assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The prosperity paradox identifies the limits of common economic development models, which tend to be top-down efforts and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, ojomo and Dillon use successful examples from American own economic development, including Ford, Eastman Kodak and singer sewing machines and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they're failed before. But the prosperity paradox is more than a business book; It is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.

Product Details

Title: The Prosperity Paradox : How Innovation Can Lift Nations Out Of Poverty
Author: Clayton Christensen
Publisher: Harpercollins India
ISBN: 9780062946737
SKU: BK0417522
EAN: 9780062946737
Language: English
Binding: Paperback
Reading age : All Age Groups

About Author

Clayton M. Christensen is the Kim B. Clark Professor of Business Administration at Harvard Business School. He is the author of eight critically acclaimed books, including the bestsellers How Will You Measure Your Life, The Innovator's Dilemma, The Innovator's Solution and Disrupting Class. Christensen is the co-founder of Innosight, a management consultancy; Rose Park Advisors, an investment firm and the Innosight Institute, a nonprofit think tank.

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