Clayton M. Christensen, author of classic business books such as The Innovator’s Dilemma and How Will You Measure Your Life, along with his collaborators Efosa Ojomo and Karen Dillon, reveal why many investments in economic development fail to create sustainable prosperity and offer a groundbreaking solution for true and lasting change.

Global poverty is one of the world’s most complex problems. For decades, we have assumed that smart and well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, from infrastructure to eradicating corruption, many solutions are based on trial and error. Essentially, the plan often involves identifying areas in need of help, providing them with resources, and hoping for change over time. However, hope is not a dependable strategy.

Clayton M. Christensen and his collaborators uncover a paradox at the heart of our approach to solving poverty. While noble, the current plan does not consistently deliver results and in some cases has worsened the problem. At least twenty countries that have received billions of dollars in aid are now poorer.

Through meticulous and theoretical analysis, Christensen suggests a better way. The right kind of innovation not only builds companies but also builds countries. The Prosperity Paradox identifies the limitations of common economic development models, which tend to be top-down efforts, and offers a new framework for economic development based on entrepreneurship and market-creating innovation.

The ideas in this book will help companies desperate for real, long-term growth to see real, sustainable progress where they have failed in the past. However, The Prosperity Paradox is more than a business book. It is a call to action for anyone who wants a fresh approach to making the world a better and more prosperous place.

Pages: 368, Dimensions: 15.2x15.2cm