The PSD Blog points to the Harvard Business Review, which has a worthy article in its December issue that should interest NextBillion readers. Disruptive Innovation for Social Change, written by Clayton Christensen (among others), argues thattoo much social investment in established organizations [means] that [they] rarely disrupt their business models, even if they aren't working. Instead, financing should support "catalytic innovations" that find new ways of serving many more at lower cost. Cited examples of such disruptive initiatives include microfinance and groups such as KickStart that develop low-cost equipment for poor entrepreneurs.
Via PSD Blog, HT to Michael Jarvis. I'm working on our subscription info here at WRI so that I can access the full text and give a more detailed review of the article, hopefully later today.


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With the NextBillion team scattered far and wide this holiday season, we're going to be off-line until January 2. Any comments posted between now and then will be dropped into a moderation queue - which I hope to review while I'm away - but don't count on seeing them until January. Ditto any story suggestions. Thanks for a great year, one in which the BOP hypothesis flourished and many of our close friends and allies accomplished so much. Here's to similar success in 2007...


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