Corruption and extortion exist in every society but are more overt in emerging economies. Economists have long considered corruption a major constraint on economic growth and development. Nigerian innovation researcher Efosa Ojomo is turning conventional wisdom on corruption on its head. He explains that scarcity, not a dearth of laws and institutions, is responsible for corrupt behavior. His talk will inspire innovators and investors to view doing business in emerging economies in a new light.
About the Speaker
Efosa Ojomo is a senior research fellow at the Clayton Christensen Institute for Disruptive Innovation.