Michael Mori and Trevor Zimmer Mobilizing Banking for Indonesia’s Poor BACKGROUND Indonesia is the largest consumer market in Southeast Asia and a member of the G20, yet it has one of the largest underbanked populations in the world. As of 2014, only 36 percent of Indonesia’s 243 million people were banked, leaving the majority financially excluded, exposed to risk, and left to manage their finances

Njideka Harry Pioneering the Youth and Technology Movement in Africa and Beyond Case Narrative ENTREPRENEURS ARE MADE NOT BORN When I was growing up, my father often said to me, “They can take everything else away from you, but they can’t take away how much you have in your head.” His words have resonated with me throughout my life. Perhaps that is why, when I

Ann Miles Reaching the Excluded Responsibly: The MasterCard Foundation’s Strategy for Financial Inclusion Anyone working in international development knows that there is no magic solution for reducing poverty and improving the lives of people affected by it. The story of de- velopment is one of persistent and incremental change that enables people living in poverty to overcome barriers and inequities and empowers them to prosper.

Mark Surman, Corina Gardner, and David Ascher Local Content, Smartphones, and Digital Inclusion Connecting billions of new users to the Internet will be one of the most significant events of this century. Mobile phones will be the primary way these people come online. This change is already unfolding rapidly and generating worldwide excite- ment, as mobile phones begin to play their part in improving social

Kerry Harwin and Rikin Gandhi Digital Green A Rural Video-Based Social Network for Farmer Training Innovations Case Narrative: Digital Green Reality television programs and social media now offer a world stage for anyone who aspires to become a star. The window these platforms provide into the lives of others is inspiring people to pursue their dreams as they see peers dance, sing, invent, and cook

INNOV0901_stacey.qxp_INNOV0X0X_template.qxd 10/27/14 6:57 PM Page 221 Michael Stacey The FAB LAB Network A Global Platform for Digital Invention, Education and Entrepreneurship Can small manufacturing labs, with the tools and computing power to make almost anything, infuse new ideas and possibilities into global solution networks and give a boost to local entrepreneurship and job creation? That’s exactly what a network of “Fab Labs” is aspiring to

Robert Bolton and Richard Thomas Biohackers The Science, Politics, and Economics of Synthetic Biology It has been said that if you ask five scientists for a definition of synthetic biology (often referred to as synbio), you’ll get six different answers.1 While it may frus- trate policymakers, this semantics problem signifies synthetic biology’s position as one of the most dynamic and misunderstood sectors of the life

INNOV0901_abbott-hale.qxp_INNOV0X0X_template.qxd 10/27/14 6:53 PM Page 195 Kenneth W. Abbott and Thomas Hale Orchestrating Global Solutions Networks A Guide for Organizational Entrepreneurs From poverty to financial regulation, global health to climate change, national governments and international organizations are finding it increasingly difficult to address pressing transnational challenges. To help fill these governance gaps, a host of global solution networks (GSNs) are emerging, enabling companies, cities, civil

INNOV0901_wyne.qxp_INNOV0X0X_template.qxd 10/27/14 6:51 PM Page 151 Jamil Wyne What Is Next for MENA’s Entrepreneurs? The entrepreneurship community in the Middle East and North Africa (MENA) region has gained global attention in recent years. Against the backdrop of a shift- ing political landscape and economic uncertainty, new firms and entrepreneurs are being increasingly cited as a vanguard of economic development. Tuttavia, if this vibrant population of

INNOV0901_wyman.qxp_INNOV0X0X_template.qxd 10/27/14 6:49 PM Page 113 Nicholas Wyman How Apprenticeships Build and Sustain Skills-Based Careers Innovations Case Narrative: The Institute for Workplace Skills and Innovation For many Americans, the Obama administration’s recently publicized plan to invest billions of federal dollars in apprenticeship programs in the United States likely conjured up the image of Benjamin Franklin apprenticing as a printer, his first professional role. Apprenticeships remain

INNOV0901_quadir_INNOV0X0X_template.qxd 10/27/14 6:47 PM Page 65 Iqbal Z. Quadir Inclusive Prosperity in Low-Income Countries Innovations Case Narrative: The Legatum Center for Development and Entrepreneurship, MIT The world is awash with ideas for helping the poor. Generally these involve some combination of aid, charity, and volunteer work. This makes intuitive sense but ignores an important part of reality. The needs—seen as business opportunities— of those without

INNOV0901_straub.qxp_INNOV0X0X_template.qxd 10/27/14 6:47 PM Page 55 Richard Straub The Great Transformation In his landmark book, Innovation and Entrepreneurship, Peter Drucker quotes Thomas Jefferson: “Every generation needs a new revolution.”1 However, Drucker quickly makes it clear that, as much as he admires Jefferson, this comment is off the mark. Drucker notes that most of the revolutions we have witnessed in recent history have, Infatti, failed

INNOV0901_tapscott.qxp_INNOV0X0X_template.qxd 11/17/14 9:51 PM Page 3 Don Tapscott Introducing Global Solution Networks Understanding the New Multi-Stakeholder Models for Global Cooperation, Problem Solving and Governance There is a fundamental change underway regarding how global problems can be solved, and perhaps how we govern ourselves on this shrinking planet. Emerging non-state networks of civil society, private sector, government and individual stakeholders are achieving new forms of cooperation,

Marc J. Epstein and Kristi Yuthas Redefining Quality in Developing World Education In the outskirts of Medellin, Colombia, impoverished rural schoolchildren have cause for hope. The Colombian Coffee Growers’ Association wants to hire them. Why? Because these children have developed the independent thinking, commu- nication, and work skills that will make them an asset to the industry. They devel- oped these skills in their multigrade

Marissa Drouillard Mobile Powered Development Theory of Change and Policy Recommendations to Drive Social Impact at the Bottom of the Pyramid Over the past several years, a number of hubs, incubators, accelerators, and start- up garages have sprung up along the Ngong corridor1 in Nairobi to service the city’s emerging startup ecosystem, which has led The Economist to dub the city “Silicon Savannah” (“Upwardly mobile,"

Malik Fal Accelerating Entrepreneurship in Africa Despite the positive economic news and encouraging trends that have emerged from Africa over the past decade, the troubling reality remains that the everyday liveli- hoods of Africans have not kept pace with macroeconomic growth, and per-capi- ta GDPs on the continent persistently lag behind the rest of the world. We submit that entrepreneurship can address this stubborn income

Saurabh Lall, Lily Bowles, and Ross Baird Bridging the “Pioneer Gap” The Role of Accelerators in Launching High-Impact Enterprises Despite our current age of unprecedented global wealth, billions of people world- wide still live in poverty. Over the past decade, Tuttavia, governments, the non- profit sector, and the business world have explored the ability of small and grow- ing businesses (SGBs) to reduce poverty, particularly

Ross Baird Village Capital’s Peer Selection Model Empowering Entrepreneurs and Investors to Create Value Together Innovations Case Narrative: Village Capital Innovation can be anywhere. While most people in the entrepreneurial world define innovation as the products and services that entrepreneurs are selling, Village Capital’s core innovation—peer-allocated capital— transforms the way that investment capital builds companies. In definitiva, our peer-selection model changes the power dynamic between entrepreneurs