Jeff Jarvis: "I would have thrown another requirement on Project Red Stripe or any media company’s innovation incubator: that they start a sustainable — that is, profitable — business."

"Lughenjo … is … aimed at developing a web platform through which knowledge and collective intelligence from the Economist community can be used to assist development in areas of the world that have suffered from a ‘brain drain’ to the West."

"Going under the radar has allowed us to investigate a sector which is totally out of the Economist Group’s remit. … we wanted to start a not-for-profit."

The Economist’s Project Red Stripe is close to deciding what product they are going to bring to market. It will have a social network at its heart, but they are saying no more than that.

The Economist’s innovation team, Project Red Stripe, has narrowed its list of potential projects to a very interesting shortlist.