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© 2012 Asian Institute

 

Global Ideas Institute  

2011-12 Expert Speaker Series

Dr. Anita M. McGahan | Dr. Yu-Ling Cheng | Ms. Ellie Avishai | Dr. Dilip Soman | Dr. Stanley Zlotkin | Dr. Murray Metcalfe | Dr. Joseph Wong

New Models for Financing Innovative Technologies and Entrepreneurship in the Global South
Tuesday, February 14, 2012 | 4:00 pm – 6:00 pm
Munk School of Global Affairs, 6 Hoskin Avenue
Trinity College 2nd Floor, Seeley Hall

Dr. Murray Metcalfe
Professor, Globalization, Faculty of Applied Science and Engineering, University of Toronto

The development of the Global South in the twenty-fi rst century will look nothing like what twentieth-century models based on foreign aid and multilateral agencies envisioned. Instead, real development will stem from two things: technological innovation and local entrepreneurship. The current trickle of financial support for these new approaches will rapidly expand as twentieth-century models of aid are abandoned. What are the
cutting edge examples of this trend, and what will propel them forward?

Murray Metcalfe is Professor of Globalization in the Faculty of Applied Science and Engineering at the University of Toronto. He holds a BASc in Industrial Engineering from the University of Toronto and an MS and PhD in Engineering–Economic Systems from Stanford University. He began his professional career at McKinsey & Company, the management consulting firm, and then spent over twenty years in the venture capital industry in the United States before returning to academia in 2008. In the spring of 2008 he was a Visiting Scholar in the Department of International Development Engineering at the Tokyo Institute of Technology. He is a faculty member in the Centre for Global Engineering at the University of Toronto. Dr. Metcalfe also serves as a senior advisor in the private equity area at Lee Munder Capital Group, an investment management firm in Boston. He is involved in a number of not-for-profits in the areas of international development and social entrepreneurship.