Tag Archives: MIT

BusinessWeek – One Laptop per Child Lands in India

Posted on August 6, 2008 | 5 comments

A  BusinessWeek article mentions that the MIT-spawned OLPC (One Laptop Per Child) project has finally penetrated India with a tie up with the mega-corporation Reliance Anil Dhirubhai Ambani Group (ADAG). This is after several failed attempts by Nicholas Negroponte, godfather of OLPC, to establish a beachhead in India. Previous negative comments from the Indian political establishment about his efforts include:

In 2001 Information Technology Minister Arun Shourie dismissed his [Negroponte’s Media Lab] efforts as “pedagogically suspect” and wanted more accountability.

… in 2006, his project was again rebuffed by India’s then-Education Secretary, Sudeep Banerjee

“Our primary school children need reading and writing habits, not expensive laptops,” says Arun Kumar Rath, India’s Education Secretary.

Continue reading →

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Posted in Education, Information Technology, Politics, Rural Education, Schools, Social Ecosystem

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Boston Globe interview with Prof. Yunus

Posted on July 27, 2008 | 1 comment

Follow up to my post on Prof. Muhammad Yunus, Social Business and the Future of Capitalism. The Boston Globe published an interesting interview with Prof. Yunus while he was in Boston to speak at the MIT commencement. I have excerpted one of the questions below. You can find the rest of the interview in their article online at A really unconventional lender

You have a different view of how capitalism should work. How do you think capitalism should be reformed?

Capitalism is very narrowly defined in the way we practice it. You ignore everything else but money making. And by ignoring the other parts of human beings – concern for other people, concern about the planet, willingness to make a difference in the world – we’ve created a distortion. So I’m suggesting there’s not one type of business model, but two types. One takes care of making money, which can lead to happiness. The other happiness comes from the other type of business, which is to do good to other people. You cover your costs – it’s not charity. Charity money has only one life – once you use it, it goes. Use the money in a social business, then it has an endless life. It’s recycled. It never disappears.

Read the rest of the interview here.

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Posted in micro-finance, Poverty, Social Business, Social Ecosystem, Social Entrepreneur, social Innovation, sustainable development

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Motomen make Wireless Internet happen

Posted on July 12, 2008 | Leave a comment

A couple of years ago, I met with Amir Hasson Alexander, an enterprising young man from MIT with a vision of bringing internet connectivity to the 2 Billion underserved in the farthest regions of the world. Using buses equipped with WiFi. Amir’s company, United Villages  (www.unitedvillages.com)  and his enterprising band of ‘Motomen, provides web content to computers with no internet connection. A small box, with an antenna, onboard the buses or motorcycles, communicates with the rural computers. Every time a WiFi bus/motorcycle rolls by the village, the web content on the village kiosk computer is updated and email delivered. In remote locations with no wired connections, villagers can communicate – albeit asynchronously – with their cousins in faraway lands, order parts, lodge complaints, or review the status of their claims. With every kiosk Hasson’s company makes the world a smaller place.

Click here to see a CNN video of Amir’s Cambodian Motomen scooting around on their bikes

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Posted in BOP, Information Technology, international development, Social Ecosystem, Social Entrepreneur, social Innovation

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Prof. Muhammad Yunus, Social Business and the Future of Capitalism

Posted on July 11, 2008 | 2 comments

Earlier this year, Nobel laureate Prof. Muhammad Yunus was the invited guest speaker at MIT’s 142nd commencement. In his prepared remarks to the students he outlined how he started microcredit thirty plus years ago from a simple desire to free villagers near his university in Chittagong from the penalizing interest that they paid to moneylenders.

Today his organization, Grameen Bank, has grown to cover 7.5 million borrowers in Bangladesh, 97 percent of them women. From this beginning he has expanded to provide services and products in a number of areas ranging from health insurance, to affordable cell phone service with Grameen Phone to renewable energy solutions through Grameen Shakti.

Drawing from his successes with these businesses, Prof. Yunus has refined an overarching social business philosophy that he recently published in his latest book “Creating a World Without Poverty – Social Business and the Future of Capitalism“. Continue reading →

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Posted in micro-finance, non-profit, Social Business, Social Ecosystem, Social Entrepreneur, social Innovation, sustainable development

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