Two centres for social innovation

Creating physical and virtual centres for the promotion of social innovation appears to be an emerging trend. Here are two examples. In Toronto, Canada, the Centre for Social Innovation (CSI) is a Toronto-based social enterprise with a mission to catalyze social innovation. CSI’s shared workspace model offers office amenities to initiatives that are typically under-resourced, increasing social capital and connecting…

Recipes for growth, democracy (entrepreneurship and innovation) in an increasingly integrated world economy

BOOKS REVIEWED Dani Rodrik (2007) One economics, many recipes; globalization, institutions and economic growth, Princeton University Press, Princeton Dani Rodrik (2011) The globalization paradox; why markets, states and democracies can’t coexist, Oxford University Press, Oxford Dani Rodrik is the Rafiq Hariri Professor of International Political Economy at the John F. Kennedy School of Government, Harvard…

Drucker: Innovation and entrepreneurship — advice for the "purposeful entrepreneur"

BOOK REVIEW: Peter F. Drucker (1985) Innovation and entrepreneurship; practice and principles, William Heinmann, London Peter Drucker was born in Vienna in 1909 and educated in Austria and England. He was a renowned business management advisor and a prolific writer. In 2009, four years after his death and 100 years since his birth, Drucker was celebrated…

EARTH University, Costa Rica

Since 1990, EARTH University’s innovative educational approach has been preparing young people from Latin America, the Caribbean and other regions, including Africa and Asia, to contribute to the sustainable development of their countries and construct a prosperous and just society.  EARTH offers a rigorous four-year undergraduate program in agricultural sciences and natural resources management and…

More developing countries participate in this year's Global Entrepreneurship Week

Good to see the list of developing countries participating in the annual Global Entrepreneurship Week growing. There are about 120 countries participating in 2011 (14-20 November). The Global Entrepreneurship Week is an initiative of the Ewing Marion Kauffman Foundation in the USA. It began in 2008 and has grown rapidly. Global Entrepreneurship Week helps map…

Start-up rates begin to show signs of slowdown in most OECD countries in 2011

The OCED has released new data that indicates start-up rates of new firms fell precipitously in all OECD countries where data is available. In subsequent quarters, start-up rates began picking up, toward pre-crisis levels, but in recent quarters this momentum stalled. With few exceptions, start-up rates are once again beginning to show signs of a…

AMEX pledges US$100-million for digital start-ups — in the US

This article by Roger Cheng (CNET News, November 8, 2011) reports on American Express’s announcement that it will invest $100 million in startups that are designed to address mobile and online payments, security, reward and loyalty programs, and other forms of digital commerce. Rather than launch its own major initiatives in the way Visa and Google has, AMEX will support…

Egypt's increasing informal economy

Ghada Barsoum, professor of public policy at the American University in Cairo (AUC) claims that the informal economy has become the “number one source of income in Egypt,” as a result of “the lack of opportunities in the formal economy.” Seventy-five percent of Egyptian youth, according to Barsoum, are working in this situation. Maurice Chammah’s article, “With…

ICTs as an Enabler for Private Sector Development

This October, the United Nations Conference on Trade and Development (UNCTAD) its annual Information Economy report, which focused on the role of information and communications technology (ICT) in enabling private sector development: Information Economy Report 2011; ICTs as an Enabler for Private Sector Development (PSD). The report shows that the potential of leveraging ICTs to develop…