Virtual Enterprises
Ted Goranson

Virtual Enterprises, the Developing World and Rwanda
 

Why work in the developing world? If advanced virtual enterprises make such good business sense, why not demonstrate them in the West, get all the kinks worked out, and then bring them to Africa?

• Sirius-Beta has humanitarian motivations, yet limited resources. As well as moving business to a better model, we are committed to doing good work where the need is greatest. Both goals are targeted with this single project.

• Western case law presents artificial barriers to next generation virtual enterprises. The legal and financial systems are so bound into conventional models that first instances will have undue friction in the system, particularly with accounting and liability issues. Because the needs are greater in the developing world, and the legal structure not so governed by existing business models, there is room for innovation in approaches to business in places like Rwanda.

• Because of strife and other factors, central Africa has untapped human and natural resources. With more potential for rapid growth from the existing state, a more dramatic demonstration is possible.

• One of the benefits of advanced virtual enterprises is the federation of common cause among diverse ethnicities and cultures, but without requiring homogenization. There are numerous regions in Africa where this is a problem. If harnessing that diversity resulted in competitive advantage, that explosive energy now producing strife can be channeled into creative collaboration.

• These new business models are especially friendly to communities without rigid infrastructure. Given the potential, Africa can become an engine of innovation.

Back to overview [Here].

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Download this white paper as a PDF [Here].