The entrepreneurial ecosystems (EE) approach is often promoted for Africa’s growth, but Africa already has many entrepreneurs. Instead of increasing entrepreneurship, researchers argue for strategies drawn from East Asia’s development and Schumpeterian growth theory—both of which oppose EE thinking. These approaches suggest that Africa should focus on building large, productive firms and absorbing existing technologies, rather than relying on start-ups, to achieve long-term, sustainable economic development.

Corporate leaders with Machiavellian personalities receive higher compensation even when their company underperforms, according to new research.

Restoring underwater kelp forests by culling overgrazing sea urchins would deliver significant financial benefits, a new study has found.