We can work on Innovation and enterprise

Critically discuss the following three questions. Use effectively concepts, models, and theories learnt in the module to support your answer and provide arguments for your position.

  1. How could you reconcile the social agenda – make radios freely available – with the commercial challenges of running a business? What problems do you think Freeplay face in trying to sustain the business?
  2. Jennifer Peters has an idea for water treatment which could help provide clean drinking water to millions of people in Africa. Using ideas from the Freeplay story, what advice would you give her to help her take this forward? And what should she watch out for?
  3. Do you think it’s easier or harder to create a sustainable business venture with a social entrepreneurship idea? Why?

Sample Solution

portfolio investments and official development assistance, and are only second to foreign direct investments in low and middle income countries (Figure 2) (“Migration and Development Brief 30”). Remittances help maintain foreign exchange reserves in the country, which become vital for trade. Despite its advantages, a highly pressing issue that accompanies these remittances is the pressure it puts on economic inequalities within the source country. Migration in itself is a large investment, that only those who are relatively better off can make. This in turn means that remittances only reach the already well to do households, which increases the gap between the rich and the poor. Development activities fueled by remittances do provide greater employment, but this is rarely sufficient to narrow an already widening gap (Ratha). From the above discourse, stems certain socio-political consequences of migration. When oppressive political regimes and poor economic conditions overlap, emigration means the loss of those people who are affluent and have the influential positions in society. On the other hand, when these migrants return after receiving foreign education or understanding the economic and social systems of their host countries, they have the power of knowledge and new ideas. They can put this to use in their own countries by taking on new ventures and roles in top positions of governance.>

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