Not your Father’s Thousand Points of Light

March 7, 2007 in Amartya Sen, Books, economics, Future, Globalization, Intellectual Property, NFP/NGO, Pharma

A Process that (very strangely) is under the radar of most right now is the expansion of the Not-for-Profit Sector into fields that were traditionally the exclusive reserve of the for profits. There was an interesting article in The McKinsey Quarterly* a while back that caught my attention with some facts about the Not-for-Profit sector:

1. The NFP sector as of 1997 was the third largest contributor to the GDP, contributing $349 billion to the U.S. economy, dwarfing the $85 billion contributed by the motor vehicle parts and manufacturing sector

2. The NFP/NGO sector employs 1 in 15 of employed Americans.

3. This sector has grown at an average annual rate of 5.1% from 1993 to 1998, beating GDP growth which was 3.1% annually

Not your Father’s Thousand Points of Light

March 7, 2007 in Uncategorized

A Process that (very strangely) is under the radar of most right now is the expansion of the Not-for-Profit Sector into fields that were traditionally the exclusive reserve of the for profits. There was an interesting article in The McKinsey Quarterly* a while back that caught my attention with some facts about the Not-for-Profit sector:

1. The NFP sector as of 1997 was the third largest contributor to the GDP, contributing $349 billion to the U.S. economy, dwarfing the $85 billion contributed by the motor vehicle parts and manufacturing sector

2. The NFP/NGO sector employs 1 in 15 of employed Americans.

3. This sector has grown at an average annual rate of 5.1% from 1993 to 1998, beating GDP growth which was 3.1% annually