@honwuegbuzie @efosaojomo Love this TED talk that explains how market creating innovations reduce corruption & promote economic development. It is however important to understand how to identify such innovations. It's by identifying pain points & generating solutions. https://twitter.com/EfosaOjomo/status/1253685264024772609
A problem means plp are consciously or subconsciously seeking a solution & if u can provide this u have a market. The result? U create jobs, make money & alleviate poverty. U thus creat shared prosperity, required for sustainable socio-economic development.
Market creating innovations, which transform society and create wealth, is therefore a way to fight poverty. Indeed, market creating innovations (MCIs) & fighting poverty are 2 sides of the same coin. Iterative, because one leads to the other.
MCIs solve problems, fight poverty, transform society by creating solutions, which promote shared prosperity and eventually lead to sustainable development
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