Tag: New Markets Lab
October 25, 2013 – Colette van der Ven
On October 18, 2013, LIDS held its annual symposium, this year focusing on the linkages and tensions between trade, development, and entrepreneurship. With sponsorship from the law firms of Allen & Overy, Freshfields Bruckhaus Deringer, Sidley Austin, and Skadden, as well as the Harvard Milbank Tweed Fund and the Harvard International Legal Studies Program, the event was a great success and drew over 100 attendees!
The day-long event was kicked off by Abhijit Banerjee, who provided a powerful keynote address challenging popular understandings of entrepreneurship. Professor Banerjee’s address was followed by two panels: the first focused on barriers to scaling-up entrepreneurship, and the second addressed how to better connect micro-level problems to macro-level trade policy.
Professor Banerjee spoke about the challenges of entrepreneurship amongst the poor and whether entrepreneurship amongst the poor really creates a pathway for growth. He highlighted the importance of differentiating between survival-driven entrepreneurship and growth-driven entrepreneurship and drew attention to the fact that when the poor receive micro-credit loans, they often don’t use it to expand the business but, just like the middle class, buy comfort items instead, like TVs or motorcycles.
The first panel, moderated by Simon Winter, Senior Vice President at Technoserve, … Read More »