The private sector must step up and deploy its capital, building on public-policy catalysts to drive innovation and investment for a sustainable future
CAMBRIDGE – The conviction of Elizabeth Holmes for fraud perpetrated as founder and CEO of Theranos has triggered intense debate about what the episode means for the innovation.
Along with the rest of the world, entrepreneurs have spent the past dozen years living in an unprecedented financial environment. Responding first to the stubbornly slow recovery from the 2008 financial crisis, and then to the recession caused by Covid-19, major central banks have sustained an array of unconventional initiatives and asset-purchase programmes.