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For me the most insightful parts were the quotes about progress in developing countries. > The reason this (entrepreneurship in developing countries) > doesn’
by microarchitect 16y ago
For me the most insightful parts were the quotes about progress in developing countries.
> The reason this (entrepreneurship in developing countries)
> doesn’t result in wealth is entrepreneurship is rarely an
> individual event now, if it ever was. You need social
> infrastructure; corporate, legal and financial systems.
I read this as saying that the whole system needs to change for development to really happen. Unfortunately, a number of rich and powerful vested interests, want to and are able to preserve the status quo quite successfully.