“He raises an intriguing idea that regional entrepreneurial ecosystems are being built anyway, bottom up, enabled by access to software. There is a line that stands in my mind from one of the leading entrepreneurs in the region: there is no “wasta”—the system of favors and “Who do you know?” that has driven so much of life from getting into a good school to finding a good job—on the internet. A similar sentiment was expressed by the new regional head of LinkedIn, who noted that platforms like theirs emphasize transparently connecting job seekers based on their real skills and performance. Millions of people are using social networks, YouTube, and hundreds of startups in the region to take control of and improve their own lives. Perhaps this new generation will build new models of economic success despite the daunting challenges caused by political and institutional neglect.” Excerpt From: Christopher M. Schroeder. “Startup Rising.” Palgrave Macmillan, 2013-06-23. iBooks. This material may be protected by copyright.
Posted on: Thu, 15 Aug 2013 18:34:37 +0000
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