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Bringing Forth Prosperity: Capacity Innovation in Africa
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For my entire career I have sought something that I have found in penning this book -a way forward for Africa in its pursuit of an approach to sustainable development. Set forth in this work as the Path to Capacity Innovation: An Africa-MNC Strategic Alliance, a policy framework is advanced proposing a strategic alliance between African countries -represented by NEPAD- and the multinational corporation with input from the NGO and couched upon an NEPAD-MNC-NGO cross-fertilizing integrative structure.
Capacity innovation is the key to Africa's transformation: with the appropriate catalysts, innovation and transformation are but a matter of time in gestation. The first of two major catalysts necessary to prompting this change so long sought by Africans came at the adoption of the New Partnership for Africa's Development. It is one of the most profound collaborations of African Heads of State. The second catalyst is proposed in this work in the form of the multinational corporation as change agent for the innovation process working in alliance with NEPAD as Africa's spokesperson for innovation. The policy framework for African capacity innovation is the material product along with discourse for redress of corruption and security policy narrative for protecting the assets of multinational corporations.
Bringing Forth Prosperity: Capacity Innovation in Africa questions capital theory as a development construct and an appropriate platform upon which sustained capacity innovation in Africa may emerge; explores Africa's road to modernity in the context of selected development constructs and assesses capacity innovation from a top down-bottom up perspective purposely to serve as backdrop to the Africa-MNC strategic alliance framework; constructs country capacity ID to identify internal resources available to African countries to support capacity innovation; conceptualizes the Africa-MNC strategic alliance to convey a capacity innovation philosophy; articulates an African capacity innovation policy framework to guide the Alliance through a series of actions designed to prompt innovation activity and set the continent on a course to sustained transformation; and articulates a scheme to protect assets -human and physical- derived through the Africa-MNC strategic alliance.
Bobo, Benjamin F.: - Benjamin F. Bobo is a professor of finance, College of Business Administration, Loyola Marymount University where he teaches finance at the undergraduate level and international economic strategy and trade policy in the graduate program. He has held faculty posts at the University of California, Los Angeles and the University of California, Riverside and has served as Assistant Secretary for Policy Development and Research (Acting) at the U.S. Department of Housing and Urban Development in Washington, D.C. He has headed U.S. delegations to the former Soviet Union, Switzerland, Greece, Mexico and Canada. Dr. Bobo has implemented U.S. policy on international housing technology and has served as Co-Chair of Joint Steering Committees of U.S. bilateral agreements. He has served as consultant to the U.S. Department of Commerce and to private firms, and engaged business development activities in Africa, Europe, and the Caribbean. He has published extensively on Third World development; his research focuses on life-choice constraints of the economically disadvantaged.
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