Officials from developing countries, the U.S. State Department, and the United Nations met on campus with tech-savvy entrepreneurs to discuss how fast-spreading connection technologies can foster sustainable economic growth, improve public health, support agriculture, and protect the natural environment in many countries.
Mountain Hazelnuts of Bhutan has set its sights on a triple bottom line: financial gain for investors, alleviating poverty among farm families, and restoration of an eroded, hilly landscape.
Online technology challenges citizens to build better societies, not just revolt against bad ones, Google Ideas leader Jared Cohen says.
A 2005 Stanford MBA says that mobile technology devices are revolutionizing banking and other services in Africa, similar to the way computers revolutionized industrialized countries.
Building a fair-trade manufacturing business in Liberia is helping entrepreneur Chid Liberty realize a goal. "You can make money and do good at the same time," he told a Stanford University audience.
Officials from developing countries, the U.S. State Department, and the United Nations met on campus with tech-savvy entrepreneurs to discuss how fast-spreading connection technologies can foster sustainable economic growth, improve public health, support agriculture, and protect the natural environment in many countries.
Mountain Hazelnuts of Bhutan has set its sights on a triple bottom line: financial gain for investors, alleviating poverty among farm families, and restoration of an eroded, hilly landscape.
Online technology challenges citizens to build better societies, not just revolt against bad ones, Google Ideas leader Jared Cohen says.
A 2005 Stanford MBA says that mobile technology devices are revolutionizing banking and other services in Africa, similar to the way computers revolutionized industrialized countries.
Building a fair-trade manufacturing business in Liberia is helping entrepreneur Chid Liberty realize a goal. "You can make money and do good at the same time," he told a Stanford University audience.
How foundations can best support social innovators. —By Steven Lawry
Market solutions to poverty, which include services and products targeting consumers at the “bottom of the pyramid,” portray poor people as creative entrepreneurs and discerning consumers. Yet this rosy view of poverty-stricken people is not only wrong, but also harmful. —By Aneel Karnani
Serving more than 110 million people per year, BRAC is the largest nonprofit in the world. Yet it doesn’t receive the most charitable donations. Instead, BRAC’s social enterprises generate 80 percent of the organization’s annual budget. These revenues have allowed the organization to develop, test, and replicate some of the world’s most innovative antipoverty programs. —By Kim Jonker
Two new players in the world’s social investing scene seek financial returns along with social impact.
Mathematical tool helps countries weigh the pros and cons of using biofuel.
Nonprofit accounting rules should not be forced on anyone.
The author takes a crystal ball to the 2009 economic landscape.
Kiva, the world’s first person-to-person microlending Web site, has facilitated nearly $40 million in loans to entrepreneurs worldwide.
Africa is finding Chinese investment less demanding than that of the West.
To what degree will Chinese investments in Africa add long-term value?
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Latin America may be poised to become a much bigger player on the world economic stage, yet 54 percent of its citizens would choose an autocratic regime over a democratically elected government if it meant more jobs. Former Peruvian President Alejandro Toledo reflects on the challenge of democratic development and consolidation in Latin America in this audio interview sponsored by the Stanford School of Education and moderated by Stanford sociology and political science professor, Larry Diamond.
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Just off a plane from Africa, Bill Gates visits Stanford to talk about innovation, but not the software kind. Scientists and engineers, he said, need to focus on products that help improve the lives of the world's poor even though the market directs people to help the wealthiest.
Jane Chen, MBA '08, has a vision of a place “babies no longer die from being cold, where people no longer die from preventable causes. And where every person has the ability to choose [his or her] own fate.”
"There is, perhaps for the first time in history, a reasonable chance of transforming the quality of life and the creative opportunities for the vast majority of humanity."
In 2006, Stanford's Graduate School of Business students Scott Raymond and Katherine Boas took a service learning trip to Thailand and Cambodia. The result? A program that helps to alleviate poverty in Thailand that is now being duplicated at microlending organizations around the world.
Americans are mostly unaware of the enormous progress Mexico has enjoyed since a devastating collapse in the peso in 1994. Former Mexican President Vincente Fox highlights the opportunities, and also addresses the challenges, resulting from the collapse.
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"There is, perhaps for the first time in history, a reasonable chance of transforming the quality of life and the creative opportunities for the vast majority of humanity."
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For millions of people across Africa, motorcycles can be a key to effective health care. A well-maintained fleet of vehicles and motorcycles to connect patients, medical expertise, and medicine is sometimes the most vital link in the health delivery supply chain. A new case written for the Stanford Global Supply Chain Management Forum describes one successful program.
Inspired by Professor Muhammad Yunus, Jessica and Matt Flannery experimented with micro-lending connecting Ugandan entrepreneurs to friends and family through a pilot internet trial. Kiva, the first person-to- person microlending organization was born.
As Green as It Gets was a nonprofit economic development organization supporting small, independent producers in disadvantaged Guatemalan communities. The founder pondered how to grow and sustain the organization.
Endeavor selects promising entrepreneurs and helps them develop and grow their businesses through mentorship and guidance. In 2007, founder and CEO Linda Rottenberg looked at the organization's expansion strategy.
By 2007, Kiva had gone through a rapid growth phase. The case recounts the debut of the first online person-to-person microfinance organization and looks at the founders' plan for future development.
Banco Compartamos has been providing microloans to the poor in rural areas of Chiapas and Oaxaca, Mexico, since 1990. It became one of Mexico’s most successful banks. Critics, however, claim that Compartamos departed from the true spirit of microfinance.
Equity Bank, a microfinance services provider, experienced a remarkable turnaround in the early 1990s. What strategy did the CEO pursue to accomplish such a feat?
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This first part of the case describes the organization's initial considerations.
Gilead Sciences designs a strategy for delivering an AIDS drug to developing nations in Africa. This second part of the case explores the company’s experience with a distribution program.
Riders for Health is a U.K.-based nonprofit dedicated to the improvement of transportation systems for health workers in Africa. In 2007, after 11 years in existence, the organization was at a critical point and had to decide what strategies were necessary to expand.
Nongovernmental organizations have become an increasingly important intermediary for international development. This note explains how NGOs have evolved, and the role they played in the early 1990s in bringing development to poor nations.
TransFair USA, the fair trade labeling arm of the Fair Trade Labeling Organization, faced strategic challenges in 2003. The founder needed to convince uninformed mainstream consumers and skeptical large-scale coffee roasters to buy Fair Trade Certified coffee.
The McKay Foundation played a key role in convening the diverse constituencies that had a stake in the living wage issue. The executive director considered what to focus on next after a city ordinance authorized worker pay increases.
This note outlines the business climate for entrepreneurs in reform-era Vietnam around 1996. Entrepreneurs had to overcome a host of impediments in gaining access to markets, and in dealing with licensing and corruption.
Interplast was the first international humanitarian organization to send U.S. doctors overseas to provide free reconstructive surgery in developing countries. This case and its campanion videocase chronicle the debates that arose as the organization began to shift its focus from direct service to education.
What explains the enormous differences in incomes across countries? This paper returns to two old ideas: linkages and complementarity. These forces considerably amplify distortions to the allocation of resources, bringing us closer to understanding large income differences across countries.
Policy makers need to understand how early-stage companies in their own area work, rather than try to create another Silicon Valley, says Stanford management professor George Foster. He is coauthor of a new report published by the World Economic Forum.
In summary, we find evidence that firms in developing countries are often badly managed, which substantially reduces their productivity.
Virtue seems to pay according to Professor Charles M.C. Lee whose research shows that publicly-held firms in countries perceived as less corrupt trade at bigger market premiums than those in places deemed more corrupt.
Since the 2008 market crash, banking interests and economists have clashed over how much of their operations banks should fund with equity as opposed to debt. Bankers and others often say that, "equity is expensive." A recent paper, coauthored by three faculty of the Stanford Graduate School of Business, argues: "Quite simply, bank equity is not expensive from a social perspective, and high leverage is not required in order for banks to perform all their socially valuable functions."
This seminar helps participants develop strategically informed action plans that are imaginative, inspiring, and workable in highly dynamic environments. Through informed debate and the writing and presentation of position papers, participants evaluate and hone their views on the seminar's critical themes.
Students apply engineering and business skills to design product prototypes, distribution systems, and business plans for entrepreneurial ventures in developing countries. The aim is to address challenges faced by the world's poor.
This course gives students an understanding of international trade economics, and analyzes the political processes by which international trade policy is determined. It combines lecture and mini-case studies.
This course gives students the background they need to understand the broad movements in the global economy. Key topics include long-run economic growth, technological change, wage inequality, international trade, interest rates, inflation, exchange rates, and monetary policy.
A grassroots student effort led by Caroline Mullen, MBA ’12, Catha Mullen, MBA ’13, and Monica Lewis, MBA ’12, now has even more impact through a merger with Pachamama Coffee Cooperative.
Vision care is something that is practically taken for granted in the United States, but that’s not the case throughout much of the world. Some 300 million around the globe suffer from correctable vision loss, leading, as Ashanthi Mathai, MBA '04, says, “to people accepting their vision impairment and adjusting their lives around it.” The result? A lower quality of life, restricted job options, and even further economic distress.
A Stanford GSB student looks at the value of renewable energy in the developing world.
It was the suicide of a young man that turned Vivek Garg toward using business as a means of fostering peace and reconciliation.
Mark Conroe is leveraging his real estate experience and decades of volunteer work to help build the San Francisco House of Hope, a supportive housing project for the homeless.
A talk with a Stanford dermatologist and entrepreneur who cofounded an internet alternative to the doctors’ office.
Just off a plane from Africa, Bill Gates visits Stanford to talk about innovation, but not the software kind. Scientists and engineers, he said, need to focus on products that help improve the lives of the world's poor even though the market directs people to help the wealthiest.
Stanford students and faculty partner with Kenyan organizations to test ways to reduce urban poverty through novel applications of mobile phone technology.
Researchers share results and ideas for tackling extreme poverty through innovations in institutions, management, and technology
Sustainable farming requires growing enough product to sell at a reasonable price in reachable markets. Entrepreneur Laurent Demuynck hopes to increase the yield of mushrooms for Rwandan farmers, thereby making this nutritious, but expensive, food a staple in the country.