Carl Schramm, President and CEO, Ewing Marion Kauffman Foundation, speaks with ANDE Executive Director Randall Kempner.
Highlights:
9:00: "Why should the military play such an important role in development?"
21:00: "It is high-growth firms that drive countries...right this minute, 40% of the GDP in the United States is created in firms that didn't exist in 1980...only 14% of those had venture capital...of our 500 fastest growing firms, 65% never had a written business plan!"
27:10: "[To top U.S. business schools we say] you guys are a bunch of fakes!" "A year of taxpayer money went to an audit firm to design an economy."
49:25: On why impact assessment doesn't matter
57:20: Q&A
70:30: "China and India are singularly responsible for cutting World Bank stats on people in destitute poverty by at least one third in the last twenty-five years. This has never happened in history."
