article thumbnail

With Peace, Colombia Is Poised for Greater Prosperity

Harvard Business Review

Banks often are unwilling to take the risk of financing small and midsize companies. The cartels, like that of Pablo Escobar, financed the FARC (and the ELN, another left-wing terrorist group) in return for protection. The peace should encourage foreign direct investment and tourism, too. Education and innovation remain weak.

Tourism 10
article thumbnail

What to Know About Doing Business in Iran

Harvard Business Review

Compared to most oil-rich countries in the Middle East, Iran has a diversified economy, its tourism sector is on the verge of a major windfall, and threats to its political stability are in decline. sanctions are delaying these projects being financed. sanctions and a fragile economy. However, remaining U.S. Accessing foreign exchange.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Companies, Governments, and Nonprofits Can Create Social Change Together

Harvard Business Review

Over 80% of millennials report that making a positive difference in the world is more important to them than professional recognition. On the investor side, more and more shareholders demand tracking and reporting of both positive and negative externalities, compelling some of the largest corporations on earth into action.

Company 10
article thumbnail

The Right Way to Plan an Innovation Tour

Harvard Business Review

Innovation tourism: it’s a thing. Typically, tourism involves guided tours, pitch events, conferences with lots of panels, and well-planned visits to companies, universities, and government agencies tasked with increasing entrepreneurship and innovation. In sum, innovation tourism is not really tourism.