The best time to be an entrepreneur
Was the best time to be an entrepreneur 30 years ago, when you could get almost any domain name that you wished for, or when there was none of this online e-commerce and information so easily accessible? The article tells us something else:
Raw material versus building capabilities
During school, I was intrigued by the idea of biodiversity – it was a revelation that the most biodiverse areas in the world are also the poorest (Several places in Africa are rich in flora and fauna but the areas are also economically backward). Having the raw material that nature blesses few of us is not the only capital we have then. We can build capabilities that can make us rich – that’s what this Harvard professor says while citing examples of Finland, Australia, Britain, and South Korea.