The Power of Market Creation
How Innovation Can Spur Development
Failed to add items
Sorry, we are unable to add the item because your shopping cart is already at capacity.
Add to basket failed.
Please try again later
Add to wishlist failed.
Please try again later
Remove from wishlist failed.
Please try again later
Adding to library failed
Please try again
Follow podcast failed
Unfollow podcast failed
Audible Standard 30-day free trial
Select 1 audiobook a month from our entire collection.
Listen to your selected audiobooks as long as you're a member.
Get unlimited access to bingeable podcasts.
Standard auto renews for £5.99 a month after 30 days. Cancel anytime.
The Power of Market Creation
Narrated by:
Kevin Stillwell
Buy Now for £1.79
-
Narrated by:
-
Kevin Stillwell
About this listen
To create broad-based and sustainable economic growth, governments in the developing world should foster market-creating innovation - that is, the generation of new products and services that reach an entirely new population of customers.
©2015 Foreign Affairs (P)2015 Audible, Inc.interesting article, promoting efficiency innovation as a growth strategy, as in producing more with less people or other types of resources. one point noted is that overall, for a country or a state, for example, this approach needs to be doubled by market creating innovation, so development in new areas or “competing against non-consumption”, to create new jobs for the displaced sector, which will also ensure consumption of produced goods is sustained and new demand is generated (like Samsung, which started as a trading company, and then opened up an electronics branch in South Korea, in collaboration with Japanese technology companies, after the Japan tech boom). an idea i did not agree with is -infrastructure investments in developing countries fail to drive long-term growth- and i would challenge that with the example of linking 2 cities via a new highway, or improving internet coverage, cases analysed a lot in other texts.
interesting
Something went wrong. Please try again in a few minutes.