On the outskirts of Nairobi, Ngong Road is lined by fundi’s stalls – many small workshops making rustic furniture with hand tools, few employees, and limited space and scale. Though it appears that aggregate demand for the goods provided by this industry would allow for scale, consolidation and growth, these small enterprises continue operating at small scale with limited capital and producing goods of moderate quality at high labor cost.
There is growing public concern about the challenges the economy of the future presents. From automation to rising inequalities, governments are looking for ways to tackle these issues while rekindling growth rates that have been, in many advanced economies, sluggish.
Last December we co-hosted our winter Research Meeting at Harvard Business School, together with Professors Karim Lakhani and Rembrand Koning. Over 50 researchers were welcomed for a day packed with eight presentations of early-stage, ongoing and completed randomised controlled trials (RCTs).
365 days ago IGL was born. We launched IGL with the aim of contributing to make innovation and growth policy much more experimental. A question many people ask is why this is important (and what we are doing about it).