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The conventional playbook for global business is simple: assess risk, avoid conflict zones, and steer clear of extreme poverty.
But what if the next frontier of business opportunity lies precisely in these "no-go" zones?
That's the provocative thesis behind University of Notre Dame Professor Emerita Viva Ona Bartkus's book "Business on the Edge," which challenges decades of corporate risk assessment orthodoxy. Through research spanning 80 business initiatives across war zones, post-disaster regions, and areas with high rates of poverty, Bartkus and co-author Emily Block have uncovered a surprising pattern: businesses that embrace rather than avoid fragile markets can achieve remarkable returns.
The implications are profound. Their research shows how forward-thinking companies are developing entirely new business models that thrive precisely where others fear to tread.
What makes these ventures succeed where traditional development efforts have struggled? The book points to their unique approach — neither pure profit-seeking nor charity, but rather a form of commercial engagement that aligns business incentives with community development. Simply put, it’s about building rather than extracting.
Perhaps most surprisingly, Bartkus reveals how pioneering firms have formed unlikely alliances with NGOs, local governments, and even military partners to navigate complex environments where traditional business playbooks fall short. Their approach goes beyond traditional investment or aid, showing how businesses can lay foundations for lasting prosperity where it's needed most.
As climate change, conflict, and instability reshape global markets, "Business on the Edge" makes a compelling case that mastering these challenging environments isn't just ethical business — it's smart business for the decades ahead. Join Devex President and Editor-in-Chief Raj Kumar and Bartkus as they explore why the hardest markets might offer the highest returns — while building prosperity that lasts.