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The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty by [Clayton M. Christensen, Efosa Ojomo, Karen Dillon]
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The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty Kindle Edition

4.7 out of 5 stars 199 ratings

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Product description

From the Inside Flap

Resolving the Paradox

Starving children on street corners. Slums without adequate clean water and sanitation. Hopeless prospects for employment amid a growing youth population. Most of us are moved by the painful signs of poverty we see in poor countries all around the world. Though some progress has been made, upwards of 750 million people still live in extreme poverty, surviving on less than $1.90 a day. We all want to help. But what might seem to be the most obvious solution to these problems--directly assisting poor countries by investing to fix these visible signs of poverty--has not been as successful as many of us would like. You only have to look at the billions of dollars that have been channeled to these problems over the years with relatively slow progress to conclude that something is not quite right. With these efforts, we may be easing poverty for some--but we're not moving the needle enough long term.

What if we considered this problem through a different lens? What if, instead of trying to fix the visible signs of poverty, we focused instead on creating lasting prosperity? This may require a counterintuitive approach to economic development, but one that will cause you to see opportunities where you might least expect them. We wrote this book to celebrate the role innovation can play, even in the most difficult of circumstances, in creating and sustaining prosperity even in some of the most desperate parts of the world. By supporting and investing in market-creating innovations, we inadvertently engage in nation building.

--Matias Recchia, Co-Founder and CEO of IguanaFix --This text refers to an alternate kindle_edition edition.

Review

“Clayton Christensen’s latest book The Prosperity Paradox is a must-read. Powerful, persuasive, and wonderfully written, Christensen and his coauthors make a compelling case for the game-changing role of innovation in some of the world’s most desperate economies.” -- Eric Schmidt, Former Executive Chairman of Google and Alphabet

“Prosperity Paradox is the most important business book since Peter Drucker. It will dramatically change all initiatives on development and well beyond – starting with venture capital and entrepreneurship. It is a must-read for anyone who cares about sustainable economic development.” -- Eduardo Braun, Leader of the Advisory Board, Buenos Aires Innovation Park and author of People First Leadership

“I can’t recommend this book highly enough. Christensen, Ojomo, and Dillon deeply understand both the challenges and opportunities of innovating in unexpected places – and the satisfaction of creating a market that enables prosperity to thrive.” -- Richard Leftley, Chief Executive Officer of MicroEnsure

“The Prosperity Paradox is a manifesto and a call to action for those who recognize that our survival depends on creating opportunity. This book will help innovators be more compassionate. And the compassionate be more innovative.”    -- Tom Fletcher, CMG, former UK Ambassador and author of The Naked Diplomat

The Prosperity Paradox perfectly illustrates the need for investment and support for local innovators. Christensen, Ojomo and Dillon show how real entrepreneurs have created booming businesses in low- and middle-income countries, while generating economic growth. This book is necessary for any entrepreneur who wants to create positive and lasting change, and for any government official or investor who wants a better way to spur global development.” -- Matias Recchia, Co-Founder and CEO of IguanaFix

“The Prosperity Paradox by Clayton Christensen, Efosa Ojomo, and Karen Dillon is a timely must-read on the mindset change that turns poverty into opportunity and enables the creation of sustainable prosperity. As World Bank Treasurer, I saw first-hand how the innovative approaches described in this compelling easy to read primer empowers development practitioners and businesses to seek out these profitable opportunities.” -- Arunma Oteh, former World Bank Treasurer

“The Prosperity Paradox has the power to transform our thinking about philanthropy and social good. As we continue to grapple with how to lift people out of poverty, Clay Christensen, Efosa Ojomo and Karen Dillon provide a new and innovative solution for millions of people around the world. It’s a must-read for anyone with an interest in global affairs who wants to create a truly thriving society.” -- Arianna Huffington, Founder & CEO, Thrive Global

“The Prosperity Paradox will fundamentally change the conversation about the role of philanthropy in development. As Christensen, Ojomo, and Dillon capture perfectly, to tackle truly important problems, we need to reset our current thinking. Market-creating innovation needs to play a critical role in enabling a path out of poverty through market-driven solutions. Most foundations do not exercise the power they have to provide catalytic capital to engage in high risk ventures that may unlock sustainable replicable and scalable game changing solutions.” -- Irene Pritzker, President & Chief Executive Officer, IDP Foundation, Inc.

“The rise of any economy, local or global, must be fueled by innovative entrepreneurs willing to build new markets. With The Prosperity Paradox, Christensen, Ojomo, and Dillon offer powerful insight and guidance on how we can channel our efforts to create jobs, generate growth, and impact individual lives all over the world.” -- Steve Case, Chairman & CEO of Revolution and co-founder of AOL --This text refers to the hardcover edition.

Product details

  • ASIN ‏ : ‎ B078QY9NC5
  • Publisher ‏ : ‎ Harper Business; Illustrated edition (15 January 2019)
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 2321 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 355 pages
  • Customer Reviews:
    4.7 out of 5 stars 199 ratings

Customer reviews

4.7 out of 5 stars
4.7 out of 5
199 global ratings
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Reviewed in India on 27 July 2019
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Reviewed in India on 26 April 2019
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Reviewed in India on 9 June 2019
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Reviewed in India on 23 December 2020
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Reviewed in India on 21 October 2019
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Reviewed in India on 17 February 2021
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5.0 out of 5 stars Creativity Can Advance Our Civilisation !
By Dharmendra Rai on 17 February 2021
I just looooooove this book because of the following reasons 1 ) Its written by a highly credibly man - the legendary Harvard Professor Calyton 2 ) It gives you substantial hard data to prove that creativity can make the world a far far better place than it is currently 3 ) It proves that the most advanced countries are the ones where the governments do the basic stuff very well - like providing law & order & good roads et al & leave the rest to the private sector 4 ) This should motivate people to deeply believe that creativity works at a micro level ie it can make you & your shareholders richer & also at a macro level - it can move us towards an ideal world as depicted in Star Trek
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Top reviews from other countries

Elijah Elkins
5.0 out of 5 stars A "New"​ Strategy to Fight Poverty
Reviewed in the United Kingdom on 25 June 2020
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5.0 out of 5 stars A "New"​ Strategy to Fight Poverty
Reviewed in the United Kingdom on 25 June 2020
Just finished a genuinely transformative and perspective-shifting book called ‘The Prosperity Paradox: How Innovation Can Lift Nations Out of Poverty’ by Clayton Christensen, Efosa Ojomo, and Karen Dillon. They challenged many assumptions I had about the necessity of good governance and infrastructure prior to economic growth and development. They flipped the question from how to eliminate poverty to how to create prosperity. They came to the answer of market-creating innovations (MCIs).

If you've known me for awhile, you know that I have a heart for other cultures and am fascinated by new technology, startups, emerging markets, and developing nations. The sheer potential for market and value-creation through entrepreneurship and innovation is incredible due to the talent in these countries and so much untapped opportunity. It's part of why I joined CEO & Founder Mark Sears at CloudFactory 2.5 years ago and moved to the UK. CloudFactory's mission is to help 1M people become leaders worth following by providing digital work in developing nations (like Nepal and Kenya). I've seen so much talent from the teams and people I've interacted with in Nepal and Kenya. Genuinely incredible people. Like other impact-focused companies working in developing nations, we believe talent is equally distributed, but opportunity is not. We're using technology to bring opportunity to really talented people. I digress. Back to the book.

This genuinely is an incredible book that I strongly encourage you to read if you have an interest in how nations develop, charity in developing nations, how innovation can be used to increase prosperity and decrease poverty, how innovation can combat corruption, etc. There are so many reasons to read this book. I've tried to give a sampler appetiser of the full course meal of innovation wisdom and insight that's available to anyone that chooses to read 'The Prosperity Paradox.' Enjoy!

<a href=https://www.linkedin.com/pulse/new-strategy-fight-poverty-elijah-elkins/>Click Here for Full Review!</a>
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suleiman
4.0 out of 5 stars DONT TARGET TO ELIMINATE POVERTY
Reviewed in the United Kingdom on 16 July 2019
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2 people found this helpful
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HYACINTHE KOUASSI
5.0 out of 5 stars If serious about changing the world, you must read it
Reviewed in the United Kingdom on 5 August 2019
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Luis Garcia Calderon
5.0 out of 5 stars Excelente libro!!
Reviewed in Mexico on 25 February 2019
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6 people found this helpful
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Steven Acribus
4.0 out of 5 stars Breiter Ansatz der die bisherige Entwicklungshilfe-Politik in Frage stellt und neue Ansätze liefert
Reviewed in Germany on 1 November 2020
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