However, Iqbal Quadir, the founder of Grameenphone suggests otherwise.Quadir, the founder of Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), believes that this has been possible because he invested in what he calls "sweat equity".
He recognises the barriers - not only administrative and regulatory constraints, but also a negative-influence from those who believe 'change is impossible'.
"I had to struggle to make Grameenphone happen," Quadir told The Daily Star.He recalled how he gave up a well-paid Wall Street job to follow his "radical" idea of setting up a mobile-phone network that would cut down the huge communication-gap.
"Bangladesh has 30 million mobile phones now, it has made a lot of progress so it's easy to forget how hard it was to tell people that cell phones would be so prevalent," he said.
He is investing in Bangladesh through the Anwarul Quadir Foundation & Harvard-University. The project, called "Innovations in Bangladesh", assists people pursuing innovative projects by giving scholarships worth $25,000 every year to the best idea that empowers Bangladeshis.
Via Bangladesh Blogger
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