Startup Rising: The Entrepreneurial Revolution Remaking the Middle East

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Despite the world's elation at the Arab Spring, shockingly little has changed politically in the Middle East; even frontliners Egypt and Tunisia continue to suffer repression, fixed elections, and bombings, while Syria descends into civil war. But in the midst of it all, a quieter revolution has begun to emerge, one that might ultimately do more to change the face of the region: entrepreneurship. As a seasoned angel investor in emerging markets, Christopher M. Schroeder was curious but skeptical about the future of investing in the Arab world. Travelling to Dubai, Cairo, Amman, Beirut, Istanbul, and even Damascus, he saw thousands of talented, successful, and intrepid entrepreneurs, all willing to face cultural, legal, and societal impediments inherent to their worlds. Equally important, he saw major private equity firms, venture capitalists, and tech companies like Google, Intel, Cisco, Yahoo, LinkedIn, and PayPal making significant bets, despite the uncertainty in the region. With Startup Rising, he marries his own observations with the predictions of these tech giants to offer a surprising and timely look at the second stealth revolution in the Middle East-one that promises to reinvent it as a center of innovation and progress.
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About the author

Christopher M. Schroeder is a U.S.-based entrepreneur and venture investor. In 2010, he wrote an op-ed for The Washington Post about start-ups in Dubai and the Middle East, and was subsequently invited by Secretary of State Hillary Clinton's office on entrepreneurship to judge a start-up competition in Cairo one week before Tahrir Square. He is on the boards of advisors of the American University of Cairo School of Business and regional start-up resources Wamda and Oasis500. He lives in Washington, DC.
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Publisher
St. Martin's Press
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Published on
Aug 13, 2013
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Pages
256
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ISBN
9781137356710
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Language
English
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Genres
Business & Economics / Entrepreneurship
Business & Economics / International / General
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Content Protection
This content is DRM protected.
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Available on Android devices
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Eligible for Family Library

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Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities.

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Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:

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