Felipe Vergara and Lumni: Launching an Innovation in a Developing Economy

Abstract

The case chronicles the development of Lumni, Inc., an international start-up offering innovative mechanisms for financing higher education. It focuses on: the details of decision making required to transform an idea into a viable business; building partnerships; the challenge associated with raising venture capital; and the challenges of creating a new market where human capital can be traded to finance higher education.

Citation

Venkataraman, S., Sarasvathy, S.D., Parmar, B.L. and Glinska, G. (2017), "Felipe Vergara and Lumni: Launching an Innovation in a Developing Economy", . https://doi.org/10.1108/case.darden.2016.000116