The prosperity paradox: how innovation can lift nations out of poverty

Book Cover
Average Rating
Publisher:
HarperBusiness,
Pub. Date:
[2019]
Edition:
First edition.
Language:
English
Description

Clayton M. Christensen, the author of such business classics as The Innovator's Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. 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 America's 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've 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.

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Grouping Information

Grouped Work IDb736c0bf-0050-5601-ad82-f98f7d166e59
Grouping Titleprosperity paradox how innovation can lift nations out of poverty
Grouping Authorchristensen clayton m
Grouping Categorybook
Last Grouping Update2019-08-29 10:33:32AM
Last Indexed2019-11-13 04:17:27AM

Solr Details

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display_descriptionDiscusses why investments in the economic development of poor countries rarely see positive change or improvement over time and offers a new framework for spurring growth and prosperity based on entrepreneurship and market-creating innovation.
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Odenton Library
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Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
ils:a1577328BookBooksFirst edition.EnglishHarperBusiness, [2019]xviii, 344 pages ; 24 cm
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subject_facetEconomic development
Nonfiction
Poverty
Wealth
title_displayThe prosperity paradox : how innovation can lift nations out of poverty
title_fullThe prosperity paradox : how innovation can lift nations out of poverty / Clayton M. Christensen, Efosa Ojomo, and Karen Dillon
title_shortThe prosperity paradox
title_subhow innovation can lift nations out of poverty
topic_facetEconomic development
Poverty
Wealth