Drawing from his work with Clayton M. Christensen and Karen Dillon in their new book, The Prosperity Paradox (Harper Business, 2019), Efosa Ojomo will explore how to best evaluate market-creating innovation alongside the problem of corruption. Of the latter, instead of focusing on eliminating corruption, Efosa questions why it persists in the first place. The answer will challenge certain conventions about the nature of corruption as a moral failing, seeking to understand the deeper reasons why people choose to “hire” corruption. Placing this in conversation with the challenge of market-creating innovation, Ojomo and his colleagues observe corruption through a new lens, hoping to find fresh ways to mitigate ongoing problems and create solutions.
* This event was co-hosted with WE International Inc.
Efosa Ojomo is currently a senior research fellow at the Clayton Christensen Institute for Disruptive Innovation, where he leads the organization’s Global Prosperity research. He works alongside Harvard Business School Professor Clay Christensen in figuring out the best ways to help entrepreneurs, policy makers and development practitioners spur economic prosperity in low- and middle-income countries, and in depressed regions in high-income economies.
His work has been published by the Harvard Business Review, Guardian, Quartz, the World Bank, and he regularly speaks on the topic of innovation and economic development. His most recent book, published alongside Professor Clayton Christensen and Karen Dillon is titled The Prosperity Paradox: How innovation can lift nations out of poverty.
Ojomo graduated from Vanderbilt University with a degree in computer engineering and received his MBA from Harvard Business School.