The Prosperity Paradox
How Innovation Can Lift Nations Out of Poverty
About the book
A paradox sits at the center of the fight against global poverty, according to Clayton Christensen, Efosa Ojomo and Karen Dillon: many investments in economic development fail to create lasting prosperity, and at least twenty countries that received billions of dollars in aid are poorer now. Common development models, they argue, tend to work from the top down and often flood problem areas with resources, hoping for change. Their alternative is a framework built on entrepreneurship and market-creating innovation, on the view that the right kind of innovation builds countries as well as companies. They draw on examples from American economic history, including Ford, Singer Sewing Machines and Eastman Kodak, and on similar models in Japan and elsewhere.
Eric Schmidt praised its case that innovation can play a decisive role in some of the poorest economies. Arianna Huffington said it could transform thinking about philanthropy and social good.
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This book has 3 recommendations
Arianna Huffington (Founder/Thrive Global)
The Prosperity Paradox has the power to transform our thinking about philanthropy and social good. Aswe continue to grapple with how to lift people out of poverty, Clay Christensen, Efosa Ojomo and KarenDillon provide a new and innovative solution for millions of people around the world. It's a must-readfor anyone with an interest in global affairs who wants to create a truly thriving society.
Eric Schmidt (Ex-CEO/Google)
Clayton Christensen's latest book The Prosperity Paradox is a must-read. Powerful, persuasive, andwonderfully written, Christensen and his coauthors make a compelling case for the game-changing roleof innovation in some of the world's most desperate economies.
Steve Case (CEO/Revolution, Co-founder/AOL)
The rise of any economy, local or global, must be fueled by innovative entrepreneurs willing to buildnew markets. With The Prosperity Paradox, Christensen, Ojomo, and Dillon offer powerful insight andguidance on how we can channel our efforts to create jobs, generate growth, and impact individual livesall over the world.
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Arianna Huffington, Eric Schmidt, Steve Case
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Clayton Christensen, Efosa Ojomo, Karen Dillon
Often recommended alongside
- A Curious Mind: The Secret to a Bigger Life by Brian Grazer and Charles Fishman (2 shared recommenders)