Study on Crowdfunding Renewable Energy wins 2015 EFMD Case Competition

Our study titled ‘Crowdfunding Renewable Energy Solutions: Abundance Generation’, took first prize in the ‘Integrating the Innovation Pipelines’ category of the Europe wide awards last month. Based on renewable energy crowd funding organisation Abundance Generation, which was co-founded by Business School MBA alumnus Karl Harder, the study investigates the potential of crowdfunding as an alternative source […]

The cost of capital and how it affects climate change mitigation investment (Grantham Briefing Paper)

My colleague Charlie Donovan and I recently published a briefing paper, commissioned by the Imperial College Grantham Institute for Climate Change and the Environment. Key points and link to download the paper are below: The cost of capital, also known as the minimum required rate of return, is a crucial factor in investment decision-making in […]

Apollo has landed: the role of the private sector in completing the race for 100% renewables

In the lead-up to the UNFCCC Conference of Parties (COP) in Paris, there was a lot of buzz in the mainstream business press about the need for research and development that could lead to breakthroughs in the cost of clean energy technologies. Over the summer, Financial Times commentator Martin Wolf called for a “moonshot to […]

Driving innovation in British and Indian companies: Perspectives from the Rajiv Gandhi Centre

Source: Driving innovation in British and Indian companies, written by Phil Thornton. For the last seven years the Rajiv Gandhi Centre for Innovation and Entrepreneurship (RGC) has played a key role as a bridge between research carried out at Imperial College London and industries in both the UK and India. Founded in December 2007 and […]

Governing multiple stakeholder interventions: Solving the GAP in HIV/AIDS services (LSE Review of Books)

The HIV epidemic in South Africa has been the largest and most contentious of any country affected by the disease. HIV/AIDS and the South African State is a comprehensive account of the country’s 30-year struggle with the disease, a history fraught with government inaction, harmful interventions and dramatic discord between the South African state, the international […]

A return to ‘Gentlemanly Capitalism’: The role of private equity in Africa

Gentlemanly capitalism is a theory first put forward by P. J. Cain and A. G. Hopkins in the 1980s before being fully developed in their 1993 work, British Imperialism – a book I became very familiar with as a History undergraduate studying a very ‘old hat’ module on the economics of empire. The theory originally referred […]

Building socially and economically sustainable business models in Africa: Energy for Development

It was September 2012, and the Energy for Development (E4D) team was returning from their first visit to Kitonyoni, an off-grid, rural market district in Makueni County, Kenya. An hour into the flight, they were discussing why so many rural electrification projects in developing countries tend to fail and fall into disrepair. Determined not to […]

Is 2% enough or is time for basic income? Reforms to make India’s ‘Invisible Hand’ more visible (LSE Review of Books)

How do you ensure the distribution of wealth in one of the world’s poorest countries, when it has one of the highest number of billionaires in the world? An interesting intervention by the Government of India was revealed by the World Economic Forum today… When corporation tax and tax breaks for corporate philanthropy are not enough to […]

Political Innovation in Patri-Dishes: Building a Start-up Sector for Government

Two hundred nautical miles from the US coastline, purposefully located outside the ‘exclusive economic zone’ – the UN-prescribed area over which a state has special rights – eccentric tech billionaire, Peter Thiel and the grandson of Nobel prize-winning economist, Milton Friedman are sowing the seeds for a movement which if successful, could threaten the very […]