Articles on Entrepreneurship

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Do potential downsides get short shrift in the rush for innovation? Steve Marcus/Reuters

Thinking innovatively about the risks of tech innovation

Taking a page from the innovators' handbook could provide a different and better way to think about the risks that come along with – and sometimes stem from – new technologies.
Muhammad Yunus, founder of the Grameen Bank. The micro credit revolution he started has not been a panacea for poverty. EPA/Ulrich Perrey

From Zorro to Zombie: the rise and fall of the microcredit movement

Microcredit, which was viewed as a perfect market-affirming solution to poverty in developing countries, has collapsed. In 30 years it's gone from Zorro to Zombie.
A hairdresser at work in Johannesburg while other vendors sell fruit and footwear. Finding ways to support micro enterprises such as these is the challenge . Reuters/Siphiwe Sibeko

How thrift and credit societies can help Africa promote entrepreneurship

Governments in sub-Saharan Africa should encourage the formation of cooperative thrift and credit societies to boost the development of micro enterprises.

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