Posted by m beduya on October 24, 2011 · Leave a Comment
President Obama recently awarded national medals to seven scientific researchers and five technologists and innovators. The awards caught my eye because the Americans separated the medals for science from the medals for technology and innovation. The way the awards are granted and the work accomplished by the medal winners indicate to me the right policy [...]
Posted by m beduya on October 4, 2011 · 1 Comment
The Aquino Administration ought to add entrepreneurship and innovation policy to its flagship programs to achieve inclusive development. To me, the two current flagship programs of public-private partnership focused on infrastructure and 4Ps through conditional cash transfers (CCT) as safety net for the poorest of the poor are necessary but not sufficient to achieve inclusive [...]
Posted by m beduya on September 18, 2011 · Leave a Comment
Hapinoy, the supply chain innovator for Nanay-owned sari-sari stores, led by Mark Ruiz and Bam Aquino brought new honors home. They took two awards in the space of one month – the first for women’s empowerment and the second for social entrepreneurship. Congratulations! The first award to Hapinoy on August 24 was given by Project [...]
Posted by m beduya on August 17, 2011 · Leave a Comment
I am too young to know of Gloria Steinem, leader of the women’s movement in America, who was in the spotlight as fiery women’s leader in the late 60s and 70s. Yet watching her on Charlie Rose last night as they reminisced about the women’s movement and talked about its future, she taught me an [...]
Posted by m beduya on July 3, 2011 · Leave a Comment
To deliver on the second of his four-part set of campaign promises, inclusive development where all participate in growth, President Aquino’s development program must go beyond the focus on public-private partnerships (PPP) in infrastructure and also incentivize opportunity-seeking in innovative entrepreneurship. Indeed, PPPs will definitely add to aggregate demand in the mathematical economic planning model, [...]
Filed under Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Innovation and Entrepreneurship · Tagged with entrepreneurship, inclusive development, industrial policy, innovative entrepreneurship, Kauffman Foundation, opportunity-seeking, public-private partnerships, value-adding potential, William Baumol
Posted by m beduya on June 30, 2011 · Leave a Comment
I believe that President Aquino administration’s focus on public-private partnerships (PPP) pushes opportunity-seeking by moneyed Filipino capitalists away from innovative entrepreneurship. In the short-term, I understand the Administration’s choice of strategy at this stage based on classical, mathematical macroeconomics. With their franchised deal set up on property-hedged infrastructure projects that are easy for project finance, [...]
Filed under Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Innovation and Entrepreneurship · Tagged with inclusive development, industrial policy, innovative entreneurship, IS/LM, John Hicks, Opportunity, opportunity-seeking, public-private partnership
Posted by m beduya on March 28, 2011 · Leave a Comment
The Leontief Prize has been awarded by the Global Development and Environment Institute (GDAE) at Tufts University since 2000 for: outstanding contributions to economic theory that address contemporary realities and support just and sustainable societies. The Leontief Prize winners say many things that are relevant to the Philippines. I first noticed that I had written [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, Innovation and Entrepreneurship · Tagged with Alice Amsden, Amartya Sen, China, Dani Rodrik, Global Development and Environment Institute, herman daly, industrial policy, input-output analysis, John Kenneth Galbraith, Leontief Prize, Nicholas Stern, Richard Nelson, sustainability, SYNTHESiST, Tufts University
Posted by m beduya on December 13, 2010 · Leave a Comment
There is good news and bad news in the world of microfinance. First, the bad news. As I have noted in SYNTHESiST on November 21, 2010 at the end of the post on CARD MRI, the Philippines best (my take) and largest microfinance institution (MFI), there is a looming crisis in Andra Pradesh, India as [...]
Posted by m beduya on November 21, 2010 · 2 Comments
In December 1986, the Center for Agriculture and Rural Development (CARD) Inc. was organized as a social development foundation to address the growing poverty incidence in depressed communities in Regions IV and V. From the beginning, CARD sought to achieve this goal by turning poor, landless, rural women into an army of entrepreneurs by granting [...]
Filed under Innovation and Entrepreneurship, Social Enterprise and Innovations, Social Innovation · Tagged with CARD MRI, co-evolution, GLOBELICS, Grameen, inclusive development, India, innovation for the poor, microfinance, Muhammad Yunus, Philippines, Sectoral innovation systems
Posted by m beduya on July 15, 2010 · 9 Comments
Joseph Schumpeter introduced the concept of the entrepreneur as the true locomotive of the modern economy. Further, he identified that economy’s true context as the then ‘new normal’ of creative destruction from continuous innovation, and not the seeking of price equilibrium from perfect competition. While the modern definition considers all businesspersons as entrepreneurs, Schumpeter equated [...]
Posted by m beduya on June 28, 2010 · 9 Comments
“The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield,” begins Peter Drucker’s classic 1985 book, Innovation and Entrepreneurship, quoting the French economist J.B. Say. Thus, Mark Ruiz and the Hapinoy/MicroVentures (MVI) team, all social entrepreneurs, are mining a rich vein for social enterprise [...]
Filed under Financing of Innovation, Innovation and Entrepreneurship, Social Innovation, Supply Chain Logistics and Transport · Tagged with equity, Hapinoy, Joseph Schumpeter, Mark Ruiz, microfinance, Peter Drucker, Philippines, productivity, sari sari, social enterprise, Social Innovation, supply chain, sustainability, triple bottom line
Posted by m beduya on June 26, 2010 · Leave a Comment
Writing about what Filipino social entrepreneurs – like Reese Fernandez, Mark Ruiz and Jay Bernardo – actually do as innovators left me stumped and sidetracked. Thus, before posting about Mark and Jay, the inevitable a priori question must be asked: what makes a social entrepreneur tick? Stoking the Inner Fire. This question led me to [...]
Filed under Books and Journals, Innovation and Entrepreneurship · Tagged with Amartya Sen, countervailing powers, George Bernard Shaw, Jay Bernardo, Man and Superman, Mark Ruiz, Philippines, Reese Fernandez, revolutionist, social entrepreneur
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