Embrace market mechanisms (Giving stuff away rarely works as well as selling it.) This holds very true in innovation in developing countries. Giving stuff away rarely works because of the fact that its an unsustainable finance solution. Over time, you or your organization wont have the money nor the resources to keep give stuff away, and your original intent of social entrepeneurship will come to a startling halt. Inorder to avoid this situation, embrace market mechanisms, like micro-finance…
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Posted on March 20, 2010 at 11:19pm
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