Focusing his work at the intersection of innovation and economic development, Efosa Ojomo is on a mission to use business and disruptive innovation to create prosperity in frontier and emerging markets. A research fellow at the Clayton Christensen Institute for Disruptive Innovation, Ojomo works alongside colleague and mentor Harvard Business School Professor Clay Christensen in their shared goal to discover, develop and disseminate robust and accessible theory in the areas of disruptive innovation and general management. Ojomo's body of work will ultimately help entrepreneurs, policy makers and development practitioners spur prosperity in their regions.
Specifically, Ojomo's research examines how emerging markets in sub-Saharan Africa, Central and South America, and Asia can engender prosperity for their citizens by focusing on investments in market creating innovations, such as M-PESA, the mobile money transfer platform in Kenya. These innovations, which transform complicated and/or expensive products into simpler and less expensive products for populations who historically could not access them, are unique for their ability to spur long-term economic growth and create employment, a necessary condition for economic development.
Ojomo, who came to the U.S. from Nigeria to attend college, worked as an engineer and in business development for National Instruments for eight years following graduation. He soon realized his purpose was much larger than himself. Inspired by a young Ethiopian girl's story of debilitating poverty, Ojomo started the nonprofit Poverty Stops Here. Since then, he has rallied hundreds of people around his vision and touched the lives of hundreds more. But his ambition is to transform lives; his work at the Christensen Institute is getting him closer to that goal.
Ojomo graduated with honors from Vanderbilt University with a degree in computer engineering. He earned his MBA from Harvard Business School.