Iqbal Quadir, Date of Birth, Place of Birth

    

Iqbal Quadir

American businessman; founder and director emeritus of the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology

Date of Birth: 13-Aug-1958

Place of Birth: Jessore District, Khulna Division, Bangladesh

Profession: manager

Nationality: United States

Zodiac Sign: Leo


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About Iqbal Quadir

  • Iqbal Z.
  • Quadir (Bengali: ????? ???.
  • ?????) is an accomplished entrepreneur and a long-time champion of the critical role of entrepreneurship and innovations in creating prosperity in low-income countries.
  • He has taught at Harvard Kennedy School and at Massachusetts Institute of Technology."In 1993, before others imagined the possibility, and only one percent of Americans were using mobile phones, Quadir saw mobiles as productivity tools to lift up the poorest in the world." Between 1993 and 1997, Quadir founded Grameenphone in Bangladesh to provide universal access to telephone service and to increase self-employment opportunities for its rural poor. In 2007, he founded the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), of which he is now Founder and Director Emeritus.
  • A year earlier, he cofounded, and continues to edit, Innovations, an MIT Press journal dedicated to entrepreneurial solutions to global challenges. For several decades, he has been inspired by the insights of Adam Smith and Joseph Schumpeter about the nature of economic growth and those of Gordon Moore (the founder of Intel) about the fall of prices for digital technologies.
  • In particular, he has been influenced by Smith's search for processes that give rise to "universal opulence which extends itself to the lowest ranks of people," specifically to the role of communications in facilitating specialization and exchange.
  • With the advent of digital communication tools in the early 1990s, he realized that he could set Smith's and others' insights into motion, a journey that led to the founding of Grameenphone.
  • This story is discussed in a case study published by WDI Publishing at the University of Michigan.
  • Two earlier case studies about Quadir were published by Harvard Business School.
  • In 2013, Quadir elaborated on the importance of communications and influences of those insights in his paper, "Adam Smith, Economic Development, and the Global Spread of Cell Phones."

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