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I am fascinated to hear of any ideas on social business investments needed to merge the type of social business hub that http://the-hub.net/ designs and the sort of student club that http://www.mficonnect.com/ ; we made a well reasoned start on such debates in the 72 hours in london around the celebration of my dad's lifet time hosted in The Economist Boardroom 16 Nov 2010  

The unacknowledged giant  Isabellawm.com (and estates of norman macrae

award www.the-hub.net $100K of social business loans with particular foci linking in social business partnering of 2010s most exciting decade - dhaka, nairobi ...

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linking in clubs (entrepreneurs, youth in final 2 years of education creating jobs) and hubs: fascination happened when I started spending much of my life studying yunus and bangladesh - this was late 2005 ; london had just had the worst year of make poverty history in which my senior mentor died in 7/7; I was delegated -as network director of www.simpol.org - to observe all the network meetings between ngos- and all they talked about was how to raise funds not what they did (and wanted to replicate) in communities ; it was from there I heard of this magic nation Bangladesh in which development was community up

some of the first correspondence I got from dhaka was on how yunus was advocating students spend thitr last 2 years of education (whatever level you end schooling at) in teams designed round piloting what community services could empower job creation - for young people as well as those tehy served

AS EARLY AS 1982 Norman Macrae http://www.normanmacrae.com/intrapreneur.html clarified how different governace and purp[oseful leadership needs to be, so we can all be intrepreneurial now 

 practising intrapreneurship needs open space that is the opposite to being examined : where young people need to organise their own circle debate, pilot team projects, see which ones can sustain positive cashflow because they are doing something that is valued; the great thing about developing a service franchise deeper and more micro than anyone else is you are then in charge of how to replicate it across the net; if you are 100% social you open source it (although I suggest charging for certification otherwise it will get diluted); if you feel your community and you deserve all the value you have innovated I suppose you turn it into a for profit business - but beware - will you find investors who care about your original community and the unique franchise you invented; we've entered a decade where knowledge doubling can happen every year (so designing purposeful focus that can value multiply year in year out can lead to extraordinary human progress ); and there is a mathematical reason for an SB51 model http://normanmacrae.ning.com where you give away half of equity to a trust that will always make your original purpose better while you work out who to finance partnbers with the other 49% .

.Of course, if your origin is a charity and among volunteers and if you are offering nothing other thn a smarter way for local people to produce, the Bangladesh sb100 model, which ensures all the wealth returns to the communites that produced it, is the right way to go until the world has ended poverty and all the other conflicts that currently mean that only about one in two children have a fair chance of growing up to discover all they could be- and a world that fails to empower the productivity of half its population certainly isn't economical the way adam smith intended the discipline to be

 yunus now says its young people whose 2020 goals we should be surveying and which elder hubs should be designing net gen solutions to; I do not believe in social media which hasnt first mapped the "cross-cultural" teams that happen in real cities

so there are many ways in which the student school club needs to share its knowhow with citizens in hubs provided of course all are using business models that sustain communities; and linking in hubs worldwide is the simplest way job creating economics is going to win the war that wall street economics has started on all communities

as a parent of a 13 year old in arguably the worst suoerpower city of them all - washington dc - do tell me if you have a club-hub idea that needs social business investors chris.macrae@yahoo.co.uk - family investment associal http://www.isabellawm.com/ skype isabellawm

university teaching needs to get far more granuklar and context specific even if this means the one-standard examination needs to go the way of the dodo; i regard the monopoly universities have to certify brightest young minds utterly repulsive- the wall sgtreet mba syndrome proved this where we not only program youth with the least sutainable business practices on earth but we poverty chain them to university loans that force mbas to go into the kind of big banks that are currently trying to close all micro banks. Its a wonderful life doesnt exist in usa the way it communally did when the USA heroised workers- economics has been sposnoired by tje big gets big, and since its rules rule other professionals we are heading in countries like the usa to states where community is demolished, and that is terrifying for youth and families

IN SEARCH OF GRANULARITY

 

There is hope that Brits have finally learnt our lesson - one of the rogue forces of tyring to do too hard to power over doing good in developing worldview of 2005 was tony blair; I utterlly applaud his new decade message for 2010s - time for granular gov, partnerships in millennium goals and upmicro foreign assiatance

 


here's an example of the peer to peer classes that young people host in open space taken from dec 2010 rootscamp washington DC http://sites.google.com/site/rootscamp2010/thewall/saturday-1pm- i have to say the group learning in these sorts of action learning groups excites me far more than anything I experiemced in the foirst 21 years of being taught

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LISTEN : Newstalk ZB Political Editor Barry Soper speaks to Andrew Dickens on KPMG Early Edition

Mr Ma - who's worth around $50 billion - met with John Key in Beijing late yesterday. He made his money through founding the online commerce platform Ali Baba.

Standing alongside the Prime Minister, he heaped praise on the country, which he says is loved by many Chinese.

"At least 20 of my colleagues retired from Ali Baba. They're all very young, in their 40s, they all go to New Zealand."

"I asked what they do apart from the golf and green things and they say it's the people there."

It wasn't all social, with the Chinese billionaire also talking business.

Jack Ma told the entrepreneurs luncheon Kiwi businesspeople find it difficult to access the Chinese market.

Mr Ma said he wants to make that easier with his multi-platform organisation.

"We have Ali Baba University. We would either have courses in New Zealand or invite the entrepreneurs in New Zealand to stay in China for two weeks for training."

"The second is that we're going to open an Ali Baba business embassy next year in New Zealand."

John Key is in China meeting business and political leaders.

 

 


Innovation "Made in China" - The Case of Alibaba and the role of Net-based Small Business

Innovation is a key driver for economic development and social progress and small business is one of the best ways for people to express their willingness and capability to innovate.  Pervasive business ownership has, therefore, been the foundation in many societies for the continued improvement of people’s economic wellbeing. In the People’ Republic of China, however, private business ownership was prohibited between 1957 and 1978. Productive innovations were extremely restricted and as a consequence, China’s economy was on the verge of collapse by the end of 1978. The Chinese people had suffered a historic setback.

Alibaba’s growth, driven by unleashing grassroots entrepreneurship, has become an exemplar of China’s innovation in the 21st century.  Started by 18 young people in 1999, Alibaba has grown into a giant global internet platform and has made many invaluable contributions to China’s progress. Highlighting the importance of pervasive small business ownership in unleashing grassroots innovation and improving economic wellbeing, Professor Lowrey will discuss Alibaba’s innovative strategies and explain the economic theory behind its inspiring success.

 

 

 

Dr. Ying Lowrey is Professor of Economics at Tsinghua University and Deputy Director of the Tsinghua Research Center for Chinese Entrepreneurs, and a member of the Academic Committee for Alibaba Group Research Institute. Her teaching and research interests include economics of innovation and entrepreneurship in the internet and platform economy, the modern microfinance market, business demographics, characteristics of business owners, and the role of free enterprise and competition in the macroeconomy. 

She received her economics Ph.D. from Duke University, economics MA from Yale University and mathematics BS from Wuhan University. Before joining Tsinghua University in 2012, she served as senior economist at the Office of Advocacy, U.S. Small Business Administration and has taught economics at George Washington University and San Diego State University.

 

Selected publications 

 

 100millionjobcrisis

100millionjobcrisis

Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepren…chris macraeNov 23, 200950 views

Founder of Ali Baba commits his work for Chinese on internet to generate 100 million microentrepreneur jobs in 2010s - who else would you vote at the centre of 100 million job creation leagues?
=====================update sumer 2016:
unlike oiher years spent with bangaldeshi inspired youth, i spent 2015-2016 mainly with a class of chinese female students - what brilliant minds and tirelss sources of human energy - i hope this summary of why the whole world can celebrate what jack ma is doing is near to the mark - but as always look forward to editing any errors which are mine alone
chris.macrae@yahoo.co.uk washington dc text 240 316 8157
======================
was english language tutoring

In 1995 he was sent to the usa on an exchange mission and encountered the worldwideweb - then unknown in China. He determined the www would be the biggest job creating innovation of his (or his generations) life and hopefully of every Chinese entrepreneur he could valuably link into.

Over the next 15 years his wizard coding teams went from something that was little more than an electronic yellow pages for small businesses to conceiving sustainability generation's 2 greatest retailing platforms china or the world may ever have seen..

the taobao platform is the most valuable job creating concept retailers have ever mediated because it reverses the western trend of globalisiation of retailers, bankers and big corporations squeezing out local and small enterprises from having a market; how taobao did that is an extraordinarily detailed story but note how Ma was concerned to ensure even the most cut-off of Chinese villagers could start up on tao bao (rural ecommerce is one of the innovations that Ma has led the www purpose to linkin)

His other mall was pitched at the more usual high cost fashions of big global merchandisers. Because of complex property laws in chinese cities, most expensive retailers are not much of a joy to shop in. So ali baba created a lifestyle -eg celebrate singles day 11/11 shopping virtually rather than the physically exhausting interaction in The West's biggest shopping days of the year)

SO 365/24/7 consumers of ali baba can choose who they value developing most with their purchasing power as well as searching merchandise with global image or local cultural joy

Alibaba has become china's and probably the word's largest retailing channel. It does this with next to no merchandise but brilliant coding so that every store front on its platforms delivers with equal reliability. Hunting out exactly how Ma forms partnerships so that big data analysis benefits the smallest enterprises and most local consumers ought to be a job of whomever is sustainability goals greatest economist.

Intriguingly to ensure he could compete with the chinese internet companies that raced to co-create the www that Ma had opened space for in china, Ma IPO'd Alibaba through a process 2010-2015 while developing his secret sustainability weapon under private ownership. AlIpay is china's number 1 financial inclusion delivery system and maybe global youth most humanly productive coding achievement to date.

Comparing china's top 10 internet properties with the west's is very interesting. Are the consuming behaviours on ali baba more sustainable than those on amazon or ebay or paypal? Are the learnng behaviours on baidu more sustaining of youth than on google or coursera or microsoft's linkedin. Time will tell but note how speaking english, chinese and coding (as well as mother tongue) are probably what educators anywhere on planet earth should NOW be most valuing their global youth's future freedom to thrive entrepreneurially around.

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