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Tackling Big Global Challenges with Low-Cost Innovation

Harvard Business Review

This kind of innovation is almost a textbook example of frugal innovation. The digital revolution, therefore, is helping to create a more frugal economy, one that generates greater value in a highly efficient, socially inclusive, and eco-sustainable manner — using fewer resources. GDP by 2020.

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The 4 Types of Cities and How to Prepare Them for the Future

Harvard Business Review

The prospect of urban innovation excites the imagination. The messy truth is that cities are not the same, and even the most innovative approach can never achieve universal impact. The opportunities to innovate will differ greatly by segment. Yelp, Zillow, and Trip Advisor are examples of innovations in this context.

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Technology Is Changing Transportation, and Cities Should Adapt

Harvard Business Review

And as innovation brings self-driving cars, electric vehicles, in-vehicle data connectivity, mechanisms for sharing rides and vehicles, and other technologies to more people, getting around cities will become easier, faster, and safer. million deaths in 2015 ), and air pollution (health problems like respiratory ailments).

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Africa’s Unique Opportunity to Promote Inclusive Growth

Harvard Business Review

For the last decade, Africa’s GDP has been growing quickly. But with robust growth rates and economies unburdened by legacy structures of the last century, Africans can innovate beyond what others are doing. ” Adesina competed for the AfDB presidency against several accomplished bankers and finance ministers.

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The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

By this logic, there’s no reason to applaud the growing number of graduates from top universities opting for jobs in startups and tech rather than finance. GDP, according to Harvard Business School professor Josh Lerner , venture-backed companies made up more than 11% of public firms as of 2011, with a total market value of $25.9

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The New New International Economic Order

Harvard Business Review

Earlier this week, on April 16, the US nominee Jim Yong Kim was selected over Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo. The choice of who will lead the World Bank has been made. From less than 10% of world exports, they account for nearly 20%.

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The Future of Cities Depends on Innovative Financing

Harvard Business Review

In traditional financing models, it’s just not possible for investors to see their way to a financial return based on some abstract added value of the integrated whole. Innovation in Cities. The vibrant, sustainable cities of the future will be funded and delivered by creative financing arrangements that encourage collaboration.