In the second annual Wharton-HCT Innovation Tournament in the Middle East, regional entrepreneurs brought forward proposals that addressed a host of issues facing the Arab World. Winning the top prize was a healthcare initiative from Algeria that focused on managing diabetes with online and mobile tools. Discussing the competition with Arabic Knowledge@Wharton, entrants said it was an opportunity not only to gain precious funding and exposure to academic and industry experts, but also to learn and be inspired.
Published: May 14, 2013 Who Dares, Succeeds: Fighting Fear and Finding Creativity
Do you have a great idea, but have not tried to see if it would actually work? That's because you feel too safe, according to Adam Montandon, a British digital futurist living in Denmark. Real creativity seems very dangerous to many people, he says, because of the uncertainty in a new proposition. But that's how you get the best ideas. "If you're approaching the same thing, the same way every time, you get the same results every time," he suggests.
Published: May 14, 2013 From New York to Tunis, a Daughter Returns to Foster Local Entrepreneurship
Leaving the United States to join the rebuilding of Tunisia's post-revolutionary economy, Alia Mahmoud quickly immersed herself in the country's nascent entrepreneurial environment. From her vantage point, Mahmoud has observed the various challenges facing startups there. Many are shared among entrepreneurs in the region, she notes, the legacy of economic policies that seem good on paper but are not practical. There is still much work to be done, she says, for the region to become competitive and attractive to foreign investment.
Published: April 30, 2013 Is the Latin American Technology Sector Ready for an Entrepreneurial Revolution?
Latin America has become a breeding ground for new technological entrepreneurs recently -- so much so, that some experts believe that the sector is poised to take off. However, analysts note that a Latin American technology revolution will not take place without greater participation from private investors -- or without reforms in fiscal policy and a change in the Latin American mentality concerning business failure.
Published: April 30, 2013 Arab Entrepreneur Issues: Investment, Restrictive Policies and Protecting Intellectual Capital
Protecting intellectual property is just one of the pressing issues facing Arab entrepreneurs, particularly those in the high tech and scientific fields. At a recent Wharton business conference on the Middle East and North Africa, entrepreneurs from the region said that many of their peers go to the U.S. or Europe just to ensure their products are patented, and to safeguard ideas from unscrupulous competitors. Often just making the right business-to-business connection is a challenge in the region, they noted.
Published: March 19, 2013