Iqbal Quadir, founder of the Legatum Center at the Massachusetts Institute of Technology and GrameenPhone in Bangladesh, traces the disconnects between innovations in the First World and the needs of people in the Third World. Innovations must not only solve specific problems, but they also need to do so in a way that is affordable relative to the benefits they bring, such as how aspirin relieves a headache at a low cost.
Series: Innovation in Context
Leading thinkers from around the globe look at how societal conditions foster successful innovations