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Paraguay Thirsty for 21st Century Education

A nation with a growing economy at the heart of South America is struggling to translate economic progress into development for its mostly young population. Ahead of the GEC2 in Croatia next month which will examine how tech entrepreneurs can globally accelerate improvements in education, I look at the factors holding back Paraguay’s young population as agents of prosperity and sustained economic growth.

[More]
Jonathan Ortmans
on August 18, 2014
Category:  Education  Global 
Young Entrepreneurs Rebranding Africa

President Obama's summit last week with African leaders in Washington, D.C., when not distracted by the Ebola outbreak, focused as expected on investment opportunities for American businesses in the energy sector. And yet, it was clear the nature of our interface is changing forever on the continent where a new generation of African job creators and their startups are the driving phenomenon in Africa’s growth trajectory.

[More]
Jonathan Ortmans
on August 11, 2014
Category:  Global  Growth & Poverty 
Macedonia Places Its Bet on Entrepreneurship Education

My blog post last Monday on disrupting entrepreneurship education prompted several people to reach out to me with comments about progress being made in the former Yugoslav Republic of Macedonia – somewhere I had not previously viewed as bastion of entrepreneurship. As part of our ongoing discussions about the region leading up to the GEC2 in nearby Croatia, I decided to dig further into what Macedonia is trying to test for the Balkan region.

[More]
Jonathan Ortmans
on August 04, 2014
Category:  Global  Education 
Funding and Ecosystems Key to Young Entrepreneurs

A new report from EY has identified a collection of recommendations for policymakers to combat persistently high youth unemployment rates through entrepreneurial growth. The latest Avoiding a Lost Generation report, put together in collaboration with the G20 Young Entrepreneurs’ Alliance, identifies and analyzes the different youth unemployment issues faced by countries across the G20 and provides 10 key recommendations – on access to funding, tax and regulation and entrepreneurial culture and ecosystems.

[More]
Mark Marich
on July 21, 2014
Category:  Global 
Educating Australia's Leadership

Unable to join a youth entrepreneurship conference in Sydney, Australia, this week, I used the saved travel time to engage virtually in the conversations and to take a look at the entrepreneurship ecosystem “Down Under” that has been making a lot of noise up and over the world during the last five years.

[More]
Jonathan Ortmans
on July 21, 2014
Category:  Global  Growth & Poverty 
Latin America Seeks Research based Policy Design

More and more countries are interested in promoting entrepreneurial growth -- demanding ever-improving data and information. The Argentina-based research organization PRODEM has responded to this demand with its Index of Systemic Conditions for Dynamic Entrepreneurship (ICSEd-Prodem).

[More]
Mark Marich
on July 14, 2014
Category:  Global 
A Mindset Shift in Mexico

As I head to Mexico City this week, I reflect on the progress this ecosystem has demonstrated over the past few years in a quest to become a globally-recognized hub for entrepreneurs.

[More]
Jonathan Ortmans
on July 14, 2014
Category:  Global  Growth & Poverty 
Exchange Program Aims to Strengthen Entrepreneurship in Americas

The U.S. Department of Commerce, in collaboration with INADEM (the Mexican National Entrepreneurship Institute), Mexico's Ministry of Foreign Affairs, and the Organization of American States, is organizing a high-level visit and cooperative exchange to three Mexican centers of innovation and entrepreneurship later this summer.

[More]
Mark Marich
on July 14, 2014
Category:  Capitol Hill  Global  Growth & Poverty 
From the Entrepreneurs' Garage to the Dinner Table

Entrepreneurs around the world are driving a new agricultural revolution to address the world’s dual food security and environmental challenges through sustainable agriculture technology, or “AgTech”. We need many more of them.

[More]
Jonathan Ortmans
on June 30, 2014
Category:  Global 
Is India the Most Entrepreneurial Country?
A new report takes a look at entrepreneurial activity, attitudes and experiences in 33 countries -- ranging from economic powerhouses to emerging economies -- and points to India as the most entrepreneurial. Perhaps somewhat counterintuitively, the Global Entrepreneurial Report from the Oracle Capital Group points to a collection of developing nations as the most entrepreneurial. In fact, the U.S. is the "only large developed economy to appear in the top ten." [More]
Mark Marich
on June 23, 2014
Category:  Global 
What’s Ahead for China’s Entrepreneurs?
When China implemented its first economic reforms in 1978, the government accounted for more than 90 percent of GDP. By 2005, public sector contributions to GDP represented less than 50 percent. Does this mean entrepreneurs are thriving? [More]
Jonathan Ortmans
on June 23, 2014
Category:  Global 
Entrepreneurs De-Escalate Tensions with Iran

While no direct discussions have occurred yet between Washington and Tehran on coordinating efforts to stabilize matters in Iraq, the United States and Iran clearly have shared interests in weakening the al Qaeda-linked militia that continues to take control of much of western Iraq.  I recently met with  Mohsen Malayeri, cofounder of the Iran Entrepreneurship Association and CEO of Khavarzamin, who is the driving force behind building stronger entrepreneurship communities in Iran to learn more about our new relationship with Iran fueled by entrepreneurs.

[More]
Jonathan Ortmans
on June 16, 2014
Category:  Global 
Regional Data Drive

June started with a lot of activity to improve measurements. At the global level, the “Metrics from the Ground Up: Measurement in Action” gathered members of the Aspen Network of Development Entrepreneurs (ANDE) in Washington, DC, to discuss common challenges and solutions for metrics and evaluation. Members include investors, capacity development providers, researchers, and entrepreneurs who represent organizations on the forefront of innovation and rigor in impact evaluation.

[More]
Mark Marich
on June 16, 2014
Category:  Global 
A Startup Nations Network for Policymakers

Sharing the premise that all boats rise on an incoming tide, a small group of startup policy advisors has emerged to find smarter ways their governments can help new firms start, scale, create jobs and fuel economic growth. I take a look at why Startup Nations emerged and the potential impact it can have in fostering smarter decision-making on behalf of new entrepreneurs.

[More]
Jonathan Ortmans
on June 09, 2014
Category:  Global 
Silk Way Renaissance in Kazakhstan

Since its independence in 1991, Kazakhstan has moved decisively to be among the top 50 economies in terms of the ease of doing business and overall economic freedom. On May 23, I joined President Nursultan Nazarbayev of the Republic of Kazakhstan, Prime Minister Dato Sri Mohd Najib bin Tun Abdul Razak of Malaysia and Muhammad Yunus, professor of economics, founder of the Grameen Bank and laureate of the Nobel Peace Prize in 2006 in Astana for a discussion about future prospects in Kazakhstan for entrepreneurs. 

[More]
Jonathan Ortmans
on June 02, 2014
Category:  Global 
Dominican Republic Joins Regional Push for Healthier Startup Ecosystems
My visit to Colombia last week taught me that Brazil and Chile are no longer the sole players in the region intent upon building an entrepreneurial economy. With Latin American startup ecosystem leaders gathering this week around a workshop for ecosystem professionals in Latin America, we take a look at the host of the conference – the Dominican Republic. [More]
Jonathan Ortmans
on May 19, 2014
Category:  Global 
Rwanda's Entrepreneurs Get $76M Boost
Last spring, PDE profiled Rwanda and its "rush to recovery" thanks in part to smart policies and engagement from the public sector that helped the country's entrepreneurs start and scale new firms. President Paul Kagame has been widely credited for putting entrepreprenuership at the center of national economic policy for the past decade -- and now the Africa Development Bank (AfDB) is lending Rwanda $76 million to support the government's policy reforms aimed at promoting inclusive growth and accelerating poverty reduction. [More]
Mark Marich
on May 19, 2014
Category:  Global 
A Way of Life in Medellín

Last month, an international selection committee picked Medellín, Colombia, to host the Global Entrepreneurship Congress in March 2016.  Ahead of my visit there later this week, it is easy to see why.  Medellín stands out not just as a city with an entrepreneurial mindset but as a place where new firm formation is a way of life.

[More]
Jonathan Ortmans
on May 12, 2014
Category:  Global 
Greeks Taking Charge of Their Economic Future

While classified as a high-income country by the OECD, youth unemployment rates in Greece persist at around 60 percent. Despite gains in economic freedom, major fiscal weaknesses remain. With more people finding it acceptable to start a business, Greek entrepreneurs are taking their economic transformation into their own hands with networks well beyond their borders.

[More]
Jonathan Ortmans
on April 28, 2014
Category:  Global 
Experimentation Needed for More Effective Policy

OECD Secretary-General Angel Gurría travelled to Washington, DC, this month to join World Bank President Dr. Jim Yong Kim in co-launching a publication on experimentation in policy design and implementation: Making Innovation Policy Work: Learning from Experimentation.

[More]
Mark Marich
on April 28, 2014
Category:  Global 
Necessity Entrepreneurs Not Enough for Philippines

Entrepreneurship evangelists often see their work in some parts of the world as a war on poverty. This week, President Barack Obama will visit Philippines’ President Benigno Aquino III as part of his Asian tour. While the Philippines is the second-best performing economy in Asia, growing at an average of 6 percent since 2012, poverty incidence affects more than 20 percent of its population. For President Aquino, now is the time to look beyond necessity-driven entrepreneurship and address his country’s challenges in helping high-growth firms start and scale.

[More]
Jonathan Ortmans
on April 21, 2014
Category:  Global 
Greeks and Italians Denounce Government Barriers

Although recovery is slowly spreading from Germany to other EU member countries, and all but two EU countries (Cyprus and Slovenia), are expected to avoid recession in 2014, economic growth estimates are weak. Jobless rate for the entire region are expected to remain near a record 12%.

[More]
Mark Marich
on April 14, 2014
Category:  Global 
Rwanda's Reset

Media attention was on Rwanda last week as the country commemorated the 20th anniversary of the 1994 genocide. While the tragedy of human loss amounting to 800,000 people in just 100 days will never be forgotten, entrepreneurs are offering hope for a better future. 

[More]
Jonathan Ortmans
on April 14, 2014
Category:  Global 
Administration Goes 'All In' on Global Entrepreneurship

Following up on President Obama's promise at the Global Entrepreneurship Summit last fall, the administration today convened the first-ever meeting of its Presidential Ambassadors for Global Entrepreneurship (PAGE). The group features accomplished entrepreneurs such as Reid Hoffman, co-founder of LinkedIn, Rich Barton, co-founder of Zillow, Tory Burch, fashion entrepreneur / brand, and Steve Case, chairman and CEO of Revolution.

[More]
Mark Marich
on April 07, 2014
Category:  Capitol Hill  Global 
Measuring the Impact of Entrepreneurship Education

Entrepreneurship education and training programs have rapidly proliferated in recent years. However, impact evaluation to determine what really works versus what doesn't in preparing the next wave of entrepreneurs has not kept pace. A couple of organizations have set out to address such challenge of increased investment in educational entrepreneurship programs without corresponding research or evidence to support decisions, including the Global Entrepreneurship Research Network (GERN), a collaboration of research organizations around the world.

[More]
Mark Marich
on April 07, 2014
Category:  Global  Education 
Hungary's Slow But Steady Startup Roadmap

Instability within several former socialist economies prompted me to look at their developing entrepreneurial ecosystems and check in on whether the entrepreneurial mindset is emerging among new generations. Given that it stands at 54 in the ranking of 189 economies on the ease of doing business, Hungary seemed like a good place to start.

[More]
Jonathan Ortmans
on April 07, 2014
Category:  Global 
National Boundaries are Porous for Global Entrepreneurs

I have just returned from the Global Entrepreneurship Congress (GEC) where this year over 5,000 people gathered from 153 countries to talk about starting and scaling new firms.  Of note this year was the fact that the gathering was held in Moscow at a time of  geopolitical tension around Crimea. Given that the Olympics in Sochi attracted less than 100 nations, the GEC last week provided clear evidence of the powerful role entrepreneurs now play on the global stage.

[More]
Jonathan Ortmans
on March 24, 2014
Category:  Global 
A Global Voice for Entrepreneurship
As the day starts in Washington, DC, we are concluding the first of day of the 2014 Global Entrepreneurship Congress . The entrepreneurship communities from 153 countries gathered to bond on their common cause to unleash new ideas, remove roadblocks and solve problems in almost every imaginable realm.  Following a welcome from Mayor Sergei Sobyanin, the GEC kicked off with thousands of delegates at the Research + Policy Summit.  [More]
Jonathan Ortmans
on March 17, 2014
Category:  Global 
Latin American Startup Champions Gear Up for Moscow Gathering

Of the nearly 4,000 delegates from 153 nations signed up for the Global Entrepreneurship Congress (GEC) next week in Moscow, a large number are traveling from Latin America. The region’s startup ecosystems are now firmly part of the global entrepreneurship grid and with such strong delegations expected from cities like Medellín, Santiago and Buenos Aires, it is clear they don’t want there to be any doubt around the world about it. 

[More]
Jonathan Ortmans
on March 10, 2014
Category:  Global 
Switzerland Once Again Tops Global Innovation Index
Mark Marich
on March 10, 2014
Category:  Global 
What Do Entrepreneurs Really Want from a City?
Mark Marich
on March 10, 2014
Category:  Global 
Uzbekistan's Post-Soviet Rebranding

Turmoil in Ukraine prompted me to take a look at the entrepreneurial health of some other post-Soviet nations in the region. This week, we take a look at Uzbekistan.

[More]
Jonathan Ortmans
on March 03, 2014
Category:  Global 
Brazilian Minster Says Starting Up Will Get Easier

Called “Rede Sim” (Yes Network), Brazil is implementing an integrated system to fulfill regulations to open a business. The system will be operating starting June 2014, announced Minister for Micro and Small Enterprises Guilherme Afif Domingos.

[More]
Mark Marich
on February 24, 2014
Category:  Global 
Starting Up Africa

While startup cities are just emerging, there are smart and sophisticated steps being taken to develop healthy entrepreneurial ecosystems across the African continent. I take a look at one such collaboration, LIONS@FRICA, that promises to set a new example of how the willing can better help in Africa.

[More]
Jonathan Ortmans
on February 03, 2014
Category:  Global  Growth & Poverty 
Italian Resolve

This week, I am on the ground in Italy where startup savvy policymakers are experimenting with new policies as fast as their startups are testing disruptive ideas. Both are racing in tandem to restore sustained economic growth to the Italian economy.

[More]
Jonathan Ortmans
on January 27, 2014
Category:  Global 
Lessons in Entrepreneurial Cities from India
Last week, Jonathan Ortmans predicted that 2014 will see cities take the center stage in entrepreneurship policymaking. So we thought we should take an occasional look at how this trend is taking shape overseas -- starting with a new paper from the World Bank on India. 
[More]
Mark Marich
on January 13, 2014
Category:  Global 
How Did Your State Fare in the Bloomberg Rankings?
One new trend in innovation and entrepreneurship data is to produce a comprehensive picture of the ecosystem. Bloomberg followed this practice and recently analyzed data from each U.S. state and the District of Columbia to rank them on innovation. [More]
Mark Marich
on January 06, 2014
Category:  General  Education  Global 
In 2014, Cities Take the Lead
While we are seeing more attention to addressing the paucity of useful national entrepreneurship data globally, efforts to develop comparable city-level information have been less of a focus with only a handful of global city rankings. How are city leaders now moving beyond dated “cluster and technology park” thinking to appeal to entrepreneurs and investors?
[More]
Jonathan Ortmans
on January 06, 2014
Category:  Global 
Entrepreneurship Data Analysis in 2013
In my final post of 2013, I summarize my top of mind developments in the world’s entrepreneurship data chest. Next year will herald a new era in evidence-based programming and policymaking as practitioners and policymakers alike—now committed to new firm formation—demand better data and analysis around what entrepreneurship promotion efforts are working and what is hype.
 
I know few of you plan to comb through entrepreneurship data and analysis over the holidays but the following summary might be helpful to all of us as we embark upon a renewed effort in 2014 to fill the gaps in what we can tell those who are eager to help founders start and scale new firms. This list is by no means comprehensive but rather what was most visible to me as a global observer and commentator. Please let me know what I missed.
[More]
Jonathan Ortmans
on December 16, 2013
Category:  Global 
Decisive Action for Startups in Mexico

Early in his Administration, President Enrique Peña Nieto embarked on a serious mission to fuel entrepreneurial growth by challenging Mexico to better tap into its people’s creativity and boost productivity. On January 11, 2013—less than two months after he took office—he signed a decree that created the National Institute for Entrepreneurs (INADEM). Few governments have institutionalized their commitment to building an entrepreneurship ecosystem as highly as Mexico, which now has a decentralized administrative office of the Secretariat of Economy dedicated to entrepreneurs.

[More]
Jonathan Ortmans
on December 09, 2013
Category:  Global 
A New Mood in Moscow As It Readies for March
I ended Global Entrepreneurship Week 2013 last week in Moscow just in time to see a GEW-themed bus driving around different universities, schools and gatherings while testing young peoples’ entrepreneurial skills and engaging them in the world of founding businesses. Skeptics in the international community might want to take a closer look at what cities can do – even in environments where there are persistent national barriers to new firm formation.
[More]
Jonathan Ortmans
on December 02, 2013
Category:  Global 
The Globalization of the Startup Movement
As another November fades into our rearview mirror, we are again reminded that the phenomenon of entrepreneurship is not something that belongs to any one particular community or country. Economies that have been historically less supportive of capitalism—like Venezuela or Iran—are seeing the rise of strong entrepreneur-led startup communities. And equally as important, those communities are bolstered by increasing support from policymakers, academics, investors, media and other startup champions. [More]
Jonathan Ortmans
on November 25, 2013
Category:  Global 
Series to Explore 'Entrepreneurship Without Boundaries'
Over the next three weeks, a series of stories by McKinsey on Society’s Voices will explore how entrepreneurial thinking can help solve the world’s most complex societal challenges. Broken into three segments—one per week—the ‘Entrepreneurship Without Boundaries’ series starts by taking a look at a few entrepreneurs that are creating social value.
[More]
Mark Marich
on November 11, 2013
Category:  Global 
President Obama, King Mohammed and… Startups in Morocco
Next week, King Mohammed VI of Morocco is visiting President Obama in Washington, DC, on the heels of an announcement that his Majesty’s government will convene an entrepreneurship summit in 2014 with the U.S. Government. Morocco has much to gain from its new partnership with the United States around startups.
[More]
Jonathan Ortmans
on November 11, 2013
Category:  Global 
A Free Flow of Goods and Services – and Founders
Holding an American and British passport, I enjoy the freedom to move easily among economies which is important given that I am now involved in advancing entrepreneurship in 140 countries.  As APEC gets ready to complete the rollout of its APEC travel card and other regions outside the European Community develop single visa plans, I wonder how easy it is for current and aspiring entrepreneurs and investors to get around.  Is it indeed getting better?
[More]
Jonathan Ortmans
on November 04, 2013
Category:  Global 
Corporate R&D Hits Record High, Does It Matter?
The world’s largest 1,000 public corporate R&D spenders recently hit a record high of US$638 billion ensuring life-changing innovation at every turn. Or does it?
[More]
Mark Marich
on October 28, 2013
Category:  Global 
Countries Turn to Entrepreneurship to Solve Economic Woes

As the world economy continues to work its way out of the effects of a global economic crisis, countries of all sizes are turning to entrepreneurship to help drive their recovery. In a few short weeks, millions of people will participate in Global Entrepreneurship Week (Nov. 18 – 24) events, activities and competitions in 139 countries—the largest number of countries in the six years of the initiative.

[More]
Mark Marich
on October 28, 2013
Category:  Global 
All Eyes on Kuala Lumpur Despite Obama Cancellation
Today I am headed to Kuala Lumpur, Malaysia, for a government-convened gathering of entrepreneurs and their supporters focused on advancing entrepreneurship in Muslim-majority countries. Although U.S. President Barack Obama had to cancel at the last minute due to the federal government shutdown, Secretary of State John Kerry is representing the U.S. Government and it promises to be no less of an important week for policy wonks, entrepreneurs and program leads keen on knowledge creation.
[More]
Jonathan Ortmans
on October 07, 2013
Category:  Global 
Ecosystem Physics - Lessons from Egypt
With all the chatter around the Middle East, we welcome a guest post from Mike Ducker. Over the last two years, he has been the Entrepreneur-In-Residence for the U.S. State Department's Global Entrepreneurship Program (GEP) in Egypt, a project funded by USAID and centered on starting, growing and facilitating financing for Egyptian entrepreneurs. His observations show once more the remarkable similarities around the world in terms of how to support startups. [More]
Jonathan Ortmans
on September 23, 2013
Category:  Global 
Startup Community Warming Up in Iceland

Despite the profound impact of the banking sector collapse in 2008 on Iceland’s economy, the island nation ranks 13th in this year’s Global Innovation Index, 14th in the Ease of Doing Business rankings, and 23rd in the Index of Economic Freedom. There has been much debate and disagreement regarding the key steps that put this social-market economy on a path to successful recovery but no one denies the contribution of the more silent actors transforming the economy for the better—its entrepreneurs. I recently sat down in Reykjavik with President Ólafur Ragnar Grímsson to learn about the entrepreneurs who are building what they call an “anti-fragile” entrepreneurship ecosystem.

[More]
Jonathan Ortmans
on September 16, 2013
Category:  Global 
G20 Leaders Suggest Entrepreneurship Education to Combat Youth Unemployment

The G20 Leaders Summit concluded last week in St. Petersburg, Russia, producing a 27-page G20 Leaders' Declaration document that outlines a plan for strong and sustained global economic growth. Weak growth in the aftermath of the global recession and persistently high unemployment—especially among youth—were at the top of the list of challenges.

[More]
Mark Marich
on September 09, 2013
Category:  Global 
Croatia’s Entrepreneurial Impulse

Proud to have beaten the odds arising from a transition to independence since 1991 and the legacy of a war that only ended in 1995, Croatia officially joined the European Union on July 1, 2013. Last month, I accepted an invitation to visit with President Ivo Josipovic at his retreat on the Brijuni Islands and found a nation already embarking on its next mission.

[More]
Jonathan Ortmans
on September 09, 2013
Category:  Global 
The Right Rules and Incentives

Entrepreneurs start and grow companies in spite of government. But Chris Schroeder’s new book Startup Rising: The Entrepreneurial Revolution Remaking the Middle East reveals a quiet, unnoticed uprising in the midst of front page uncertainty surrounding the region after the Arab Spring. The entrepreneurs leading the revolution illustrated in his book have not been waiting for government direction and resources. To the contrary, they have become the leaders.

[More]
Jonathan Ortmans
on August 19, 2013
Category:  Capitol Hill  Global 
A Message from Taipei

Today I am opening the APEC Start-Up Accelerator Leadership Summit here in Taipei. The summit is challenging 30 startups along with 200 top executives and officials from the APEC region to re-think past assumptions about how the public and private sectors can collaborate to build sustainable startup ecosystems in the region.

[More]
Jonathan Ortmans
on August 12, 2013
Category:  Global 
OECD Takes Startup Pulse

OECD data released in the July issue of Entrepreneurship at a Glance shows that startup rates remain largely below pre-crisis levels. This is particularly so in the Euro area.

[More]
Jonathan Ortmans
on August 05, 2013
Category:  Global 
Malaysia in the Limelight

Pressing ahead with its plan to build an entrepreneurial economy, Malaysia’s Ministry of Finance will host the fourth Global Entrepreneurship Summit (GES) on October 11-12, 2013. With the expected participation of U.S. President Barack Obama and other heads of state, the summit in Kuala Lumpur is set to be a milestone for Malaysia’s quest to become an entrepreneurship hub. I met with the planners in Kuala Lumpur recently to discuss progress.

[More]
Jonathan Ortmans
on July 15, 2013
Category:  Global 
Spain’s Patient Prince

Unemployment rates in Spain are one of the highest in the developed world, hovering around 25% this year. Worse, for those under the age of 25 the joblessness rate is more than double (57%). On a recent visit to Barcelona, I met a Prince doing something about it.

[More]
Jonathan Ortmans
on July 09, 2013
Category:  Global 
European Accelerators Team Up

The European Commission is getting active in the world of accelerators and startups—announcing a new network of 20 programs including recognized leaders like Nesta, Seedcamp, TechStars London, Startup Weekend, Bethnel Green Ventures and Seed-DB. The Accelerator Assembly, backed by the EC as part of its Startup Europe initiative, is focused on improving the environment for web-based entrepreneurship through a collection of events, forums, workshops and research.

[More]
Mark Marich
on July 08, 2013
Category:  Global 
The Immigrant Exodus Book Available for Free Download

The Policy Dialogue on Entrepreneurship is pleased to share a free electronic copy of Vivek Wadhwa’s ebook, The Immigrant Exodus: Why America Is Losing the Global Race to Capture Entrepreneurial Talent. Wadhwa is an entrepreneur and academic who was been on the front lines of the immigration debate for the past few years and the book is a 2012 Economist Book of the Year.

[More]
Mark Marich
on July 01, 2013
Category:  Global  Immigration 
US Women Top New Entrepreneurship Index

Female entrepreneurs in the United States benefit from more than just their own personal strengths and aspirations—they also benefit from an environment that is more open to women-led startups than any other country in the world. A new index released last month in Turkey at the Dell Women’s Entrepreneur Network conference compared 17 countries across 30 indicators that foster high-potential entrepreneurship. For those hoping for a silver bullet issue to focus policy efforts, there isn’t one.

[More]
Mark Marich
on July 01, 2013
Category:  Global 
U.S. Universities Dominate List of University Incubators

The Rice Alliance for Technology and Entrepreneurship was recently recognized as the top university business incubator in the world—beating out 150 incubators from 22 countries. The Houston-based incubator from Rice University led the charge as 15 U.S. universities dominated the top 25.

[More]
Mark Marich
on June 24, 2013
Category:  Global  Technology Transfer 
Policy Wonks and Young Entrepreneurs

As economic recovery indicators fell flat last week, the leaders of G20 nations held meetings in Russia. Entrepreneurs were present and armed with a two reports from a couple of “Big 4” heavyweights to help them deliver their message -- “Help us help you stimulate job creation.” We take a look this week at some of the highlights of what the authors had to say.

[More]
Jonathan Ortmans
on June 24, 2013
Category:  Global  Growth & Poverty 
Entrepreneurs Are Redefining Relationships with Russia

Spending a few days in Moscow last week where I spoke at the G20 Young Entrepreneur Alliance Summit, I found a dynamic and outward facing city with startup communities as vibrant as any in Europe. I check on things in Russia on the eve of this Thursday’s St. Petersburg International Economic Forum and on the heels of an announcement yesterday that Russia will convene the next Global Entrepreneurship Congress (March 17-20, 2014) only a few yards from the entrance to the Kremlin in the historic Moscow Manege.

[More]
Jonathan Ortmans
on June 17, 2013
Category:  Global 
Searching for Momentum in the Dominican Republic

The most successful economic periods in the Dominican Republic have been fueled in the past by growth in tourism, telecommunications and maquiladora manufacturing but a handful of entrepreneurs are working to add new pioneers across all economic sectors. As part of my recent series on Latin America, we take a quick look at developments from the Dominican Republic.

[More]
Jonathan Ortmans
on June 10, 2013
Category:  Global 
Guatemala’s New Starts Imperative for Central America

Guatemala’s economic history has been defined by corruption, instability and broad social inequality. In that context, Rigoberta Menchu received the 1992 Nobel Peace Prize for her work in promoting indigenous rights in the country. There are now other unnoticed social changers: entrepreneurs who see hope in technology as a tool to overcome social divides, as one local entrepreneur told the New York Times.

[More]
Jonathan Ortmans
on June 03, 2013
Category:  Global 
Entrepreneur Visas, Other Policies to Promote Startups in France

‘Entrepreneur visas’ aren’t only being discussed in Washington, DC. Recently, French President Francois Hollande announced a series of measures aimed at jump-starting entrepreneurial growth that included capital gains tax reforms, support services for SMEs and entrepreneur visas for those looking to launch and grow startups in the country.

[More]
Mark Marich
on May 13, 2013
Category:  Global 
Immigration and the Global Talent Search

Is the U.S. losing the global race for the best and brightest entrepreneurial talent? It depends who you ask, but the question is the main focal point of the latest program from America Abroad Media entitled ‘Immigration and the Global Talent Search’—part of a four-part series on American entrepreneurship in a global economy.

[More]
Mark Marich
on May 13, 2013
Category:  Global  Immigration 
Latin America’s Entrepreneurship Beat

Global interest in the emerging entrepreneurial economies of Latin America has been on the rise. It is where Endeavor began—launching in Chile and Argentina in 1997—and more recently, the region’s vibrant cultures have led the likes of Geeks on a Plane and the Global Entrepreneurship Congress to take a closer look. This spring we report back from a few economies in the region.

[More]
Jonathan Ortmans
on May 13, 2013
Category:  Global 
Ghana and the Next Wave of Entrepreneurship in Africa

I first visited the Meltwater Entrepreneurial School of Technology in Ghana when it first opened in 2008. It was impressive then and it has continued to impress since—helping incubate promising tech startups throughout the country. Five years later, it is part of a growing entrepreneurial ecosystem in Accra that is laying the foundation for future growth. In our final commentary on Africa, we hear from Alicia Robb, senior fellow at the Kauffman Foundation, who has just returned from Ghana about her thoughts on the progress being made.

[More]
Jonathan Ortmans
on May 06, 2013
Category:  Global 
Nesta Calls for Refresh on Creative Economy

With the ‘digital revolution’ in full swing and technological innovation advancing daily, the creative industries are expanding. However, the policies that guide the creative economy are too often outdated and based on business models that have been virtually swept away. Nesta, a UK-based foundation focused on innovation, has come up with a set of policy recommendations to guide the UK—and possibly serve as at least a discussion starter for other countries.

[More]
Mark Marich
on May 06, 2013
Category:  Global 
Rwanda’s Rush to Recovery

While most favor bottom-up, entrepreneur-led efforts to develop robust entrepreneurial ecosystems, in Africa especially, what the government does actually matters a great deal. In the third of four posts this month on Africa, I look at Rwanda and find a country where smart government engagement has created a favorable climate for entrepreneurs.

[More]
Jonathan Ortmans
on April 22, 2013
Category:  Global 
America COMPETES Up for Reauthorization

Created in 2007 during the Bush Administration and reauthorized in 2010 by President Obama, the America COMPETES Act is up for another reauthorization as major provisions are set to expire in 2013. The original law authorized $33.6 billion in appropriations from 2008 - 2010 for programs and activities in physical sciences and engineering research as well as STEM education and more. The reauthorization in 2010 increased the amount to $45.6 billion.

[More]
Mark Marich
on April 22, 2013
Category:  Capitol Hill  Global 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.

[More]
Mark Marich
on April 15, 2013
Category:  Global 
Nairobi: East Africa’s Startup Hub

When I asked Mbwana Alliy last month why he founded the Savannah Fund in Nairobi, he had a simple answer—it is East Africa’s technology hub. As part of PDE’s look at Africa I began last week, we focus today on Kenya.

[More]
Jonathan Ortmans
on April 15, 2013
Category:  Global 
MIT Most Highly Regarded University Innovation Ecosystem

Ask an expert which university has the leading university-based technology innovation ecosystem in the world and you are likely to hear them say “MIT.” A ranking of 120 universities that demonstrate a “decisive impact and significant contribution in the field of entrepreneurship and innovation” has pointed to the Massachusetts Institute of Technology as the world leader.

[More]
Mark Marich
on April 08, 2013
Category:  Education  Global 
It’s Time for Startup Africa

Chatter about the promise of Africa is not new. Outside economists have been reminding us about relatively high GDP growth rates; China conspiracy theorists keep us informed about who is buying up the continent’s natural resources; and global aid agencies are constantly rewriting their strategies. What is new is the rise of a new generation of Africans that is actually making things happen.

[More]
Jonathan Ortmans
on April 08, 2013
Category:  Global 
At Last, a Global Platform for Startups

The nurturing of new and young firms has so far not been given much attention in prominent global gatherings. International government meetings have mostly concentrated on passive SME policy and others like the World Economic Forum have treated entrepreneurs as a side ring at the circus. The maturing of the Global Entrepreneurship Congress (GEC) to fill this gap is thus a welcome development.

[More]
Jonathan Ortmans
on April 01, 2013
Category:  Global 
EU Closing Innovation Gap with US

The innovation performance in European Union countries is on the rise—cutting in half the gap between it and the United States. However, the internal gap between EU member nations is widening.

[More]
Mark Marich
on April 01, 2013
Category:  Global 
Start-Up Chile: In Search of the Next 100 Global Startups

Since its inception, Start-Up Chile has received a considerable amount of attention for its search for bootstrappers who receive equity-free seed capital of $40,000 and a 1-year work visa in the South American country. Recently it announced the opening of its seventh round of applications—looking to select, fund, and host up to 100 startups while giving them access to a global network for those determined to make their projects global.

[More]
Mark Marich
on April 01, 2013
Category:  Global 
GEC Commits to Startup Policy Platform

Last Friday, the Global Entrepreneurship Congress adjourned in Rio de Janeiro, ending a week of intense sessions that engaged over two thousand people from 130 countries in discussions around building stronger entrepreneurship ecosystems back home. While the Congress included Global Entrepreneurship Week host country delegations, investors and entrepreneurs, it opened last Monday with a new session for policymakers and researchers. The experiment was a success and ended with a commitment by organizers to make government policy a mainstay of the annual Congress in the future.

[More]
Jonathan Ortmans
on March 25, 2013
Category:  General  Global 
A Growing Entrepreneurship Data Chest

The greater availability of data on entrepreneurship is one of the main drivers behind the rush to build better startup ecosystems around the world. By revealing weak areas in a country’s entrepreneurship ecosystem and enabling cross-country benchmarking, more data is yielding important insights for better economic and regulatory policymaking.

[More]
Jonathan Ortmans
on March 11, 2013
Category:  Global 
$100 Million to Support Women Entrepreneurs in Emerging Markets

Women entrepreneurs in Africa and Eurasia have a new reason to have a Coke and a smile—actually, 100 million reasons. Coca-Cola and the International Finance Corporation just announced a $100 million, three-year joint initiative to provide access to finance for women entrepreneurs in emerging markets.

[More]
Mark Marich
on March 11, 2013
Category:  Global 
America's Loss is India's Gain

This week we can expect President Obama to speak to immigration reform and a new immigration proposal to be unveiled in the Senate. I have discussed in this blog the importance of creating a U.S. Startup Visa for high skilled immigrants—but only in the context of America’s loss. We take a look today on what America's loss in terms of brainpower and innovation skills means for one nation—India.

[More]
Jonathan Ortmans
on January 28, 2013
Category:  Global 
Global Prospects for Startup Legislation in 2013

Every year, reports from the World Bank, the OECD and numerous private sector researchers tell us that nations are improving their regulatory environment in terms of reducing the complexity and cost of regulatory processes for starting a business. However, comprehensive reforms to stimulate startup creation are still relatively hard to find. Will the ever-intensifying global race to build strong startup ecosystems from the bottom-up change this?

[More]
Jonathan Ortmans
on January 14, 2013
Category:  Global 
U.S. No Longer Top 10 in Prosperity?

A recent global index shows the U.S. on the outside looking in of the world’s most prosperous countries. The 2012 Legatum Prosperity Index shows the trio of Scandinavian countries—Norway, Denmark and Sweden—at the top of the list while the U.S. has fallen out of the top 10 for the first time.

[More]
Mark Marich
on December 17, 2012
Category:  Global 
Gulf States Focus on New Starts

At the Global Entrepreneurial Summit (GES) in Dubai last week, it was clear to me that there is a new level of engagement in developing more entrepreneurial economies at the highest levels of government in the Middle East and North Africa (MENA) region. The summit, a collaboration between the U.A.E. Prime Minister’s office and the Obama Administration, was an effort to leverage U.S. strengths in high growth entrepreneurship. Now that the summit is over, we take a look at the challenges before policymakers in the region in making the path easier for even more nascent entrepreneurs to succeed in the future.

[More]
Jonathan Ortmans
on December 17, 2012
Category:  Global 
We Still Need a Startup Nation Movement

A recent blog by Dan Isenberg from Babson College argues that there has been too much focus on startups around the world and that “infinitely more important is to embed scale-up.” Of course, Dan has a point in that I frequently hear leaders outside the United States lament their lack of billion dollars firms, but I think we are far from the point when we can stop advocating for better support for new starts. Not only is most of the world still focused on size not age of firms—talking “SMEs”—but we still do not know enough about the science of startups and how to best support those that want to scale. As with kids—to play along with Isenberg’s analogy—we have to help firms start better if they are to scale later in life and now is not the time to pull back the throttle on legitimizing founders and startups as a centrepiece of that economy policy.

[More]
Jonathan Ortmans
on December 03, 2012
Category:  Global 
Ranking the World's Top Startup Ecosystems

There is a reason why much of the world looks to the U.S. to replicate its success in promoting startup ecosystems and entrepreneurial growth—and it isn’t just Silicon Valley. To be fair though, Silicon Valley is at the top of the list.

[More]
Mark Marich
on November 26, 2012
Category:  Global 
GEW Shows Us A Glass Half Full

Everywhere you look in the media these days you see alleged signs of impending economic doom—from the ‘financial cliff’ threatening  to punish United States policymakers if they can’t reach agreement soon to the Eurozone crisis with the Greek economy on the edge of collapse. Certainly all very troubling, but it is only one side of the coin. For the past 10 days, I have seen the other side—a side full of hope and promise thanks to a burgeoning movement to embrace entrepreneurship.

[More]
Jonathan Ortmans
on November 19, 2012
Category:  Global 
GEW Policy Survey Turns Up Unexpected Results

The entrepreneurship policy environment in emerging economies may not be a significant obstacle to starting and growing new firms after all – at least if you ask high-growth entrepreneurs in those countries. That is one of the overarching findings in a paper released last week by Global Entrepreneurship Week (GEW) following a survey of more than 3,000 high-impact entrepreneurs in 34 countries.

[More]
Mark Marich
on November 19, 2012
Category:  Global  Red Tape 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.

[More]
Mark Marich
on November 19, 2012
Category:  General  Global 
Ghanaian Tech Startup Garners Grand Prize in Global Startup Open Competition

WASHINGTON, DC – Nov. 12, 2012 – Dropifi’s web messaging platform that seeks to supersede the traditional “contact us” form has earned the Ghanaian tech startup the grand prize of 2012 Startup Open, a competition for startups with high-growth potential featured as part of Global Entrepreneurship Week (GEW) 2012. Dropifi was selected today out of 50 companies announced last month as the “GEW 50,” the best and brightest new startups around the globe.

[More]
Mark Marich
on November 12, 2012
Category:  General  Global 
This Week in Entrepreneurship Policy

After the longest pre-election recess in history, members of Congress return to the status quo in Washington, DC this week for a lame duck session. Very few hearings are currently on the books, but you can expect there to be a lot of discussions over the next month or two about the looming fiscal cliff.

[More]
Mark Marich
on November 12, 2012
Category:  Global  Capitol Hill 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.

[More]
Mark Marich
on November 12, 2012
Category:  General  Global 
All Eyes on the Doers and Makers of Things

Today marks the official opening of Global Entrepreneurship Week, now celebrated in 131 countries. Throughout this week, roughly 25,000 partner organizations will be actively engaged in holding 35,000 events, activities and competitions--engaging more than 7 million participants and equipping them with the skills and connections to take the next step in their entrepreneurial journey. But GEW is more than just a celebration, it is attracting new talent to the field and supplementing grassroots startup energy with top down endorsements that legitimize entrepreneurship.

[More]
Jonathan Ortmans
on November 12, 2012
Category:  Global 
Global Entrepreneurship Week On the Horizon

Tomorrow, roughly 100 million Americans will cast their vote for one of two men who have stressed the importance of entrepreneurs and of course, small business to the country—and claimed to be the best candidate to empower them. Meanwhile, one week from today, policymakers, researchers and millions of nascent entrepreneurs in 130 countries will be taking matters into their own hands through a collection of 40,000 events, activities and competitions during Global Entrepreneurship Week.

[More]
Jonathan Ortmans
on November 05, 2012
Category:  General  Global 
Stockholm, Singapore, SF Top Cities for Startups & Business

Two new studies hit recently that take a look at the best cities around the world for startups and business opportunities. Fortune magazine went on a search for “cities that share the San Francisco Bay Area’s potent combination of creativity and capitalism” and came up with seven up-and-comers to keep an eye on. Meanwhile, Business Insider looked for “a city’s comprehensive potential for business across ten economic indicators” that range from intellectual capital to natural environment and identified 27 heavyweights (predominantly in the world’s largest cities).

[More]
Mark Marich
on October 29, 2012
Category:  Global 
Reforms Put New Firms on the Rise Around the World

A new survey funded by the Kauffman Foundation suggests that most economies are recovering from the sharp drops in new firm registration triggered by the 2008 global financial crisis. The improvement may very well likely been bolstered by government reforms, according to the analysis of new World Bank data.

[More]
Mark Marich
on October 29, 2012
Category:  Global 
Global Competition Recognizes 50 Promising Startups

In the search to find some of the best and brightest new startups around the world, Global Entrepreneurship Week recently announced the “GEW 50” —a list of the 50 most innovative new companies competing in the Startup Open, a competition that recognizes startups with high-growth potential. These elite ventures will now vie for the grand prize—an all-expenses-paid trip to Rio de Janeiro to serve as an official delegate to one of the world’s largest gatherings of startup champions, the Global Entrepreneurship Congress, in March 2013.

[More]
Mark Marich
on October 22, 2012
Category:  Global 
New Sketchbook Video Illustrates GEW Impact

Global Entrepreneurship Week is an idea bigger than the thousands of communities around the world that make it up. That idea and the benefits of engaging a global community working to advance entrepreneurship are the subject of the latest Kauffman Foundation animated sketchbook video released last week.

[More]
Anonymous
on October 22, 2012
Category:  Global 
Startup Fever Heats Up in Africa

I report this week from Africa which is enjoying its greatest economic success in decades and where there has never been a better time to be an entrepreneur. With economic growth rates this year around 6 percent in one-third of the 49 sub-Saharan African countries, the IMF forecasts that Africa will have the fastest-growing economy of any continent over the next five years. The World Bank in turn has reported earlier this month that more than 20 sub-Saharan African countries, encompassing more than 400 million people, have gained middle-income status, while the number of people living in poverty is down by roughly 10 percentage points over the past decade.

[More]
Jonathan Ortmans
on October 22, 2012
Category:  Global 
Message from Moscow

While the world gathered in New York last week for the Clinton Global Initiative and UN General Assembly meetings, I elected to accept an invitation to head out of town to check up on progress with one of the world’s “strong government” economies grappling with how to reconcile a tradition of top-down government control with a desire for bottom up organic startup communities.

[More]
Jonathan Ortmans
on October 01, 2012
Category:  Global 
Angst about Argentina

Argentina has been in the news lately for its expropriation of a Spanish oil company and other strong regulatory interference, such as price and import controls. With this image reflected in the media, we decided to check back on activity that Argentine entrepreneurs and the organizations that support them are carrying out to sustain and promote entrepreneurship.

[More]
Jonathan Ortmans
on September 24, 2012
Category:  Global 
A Rousing Welcome for Startups in Rio

I recently returned from Brazil, the world’s sixth largest economy, where President Dilma Rousseff, a former Marxist revolutionary, is using pro-growth incentives such as lower interest rates, proposed tax cuts and infrastructure investment to fuel her nation’s quest for sustained economic growth and help more Brazilians stand on their own two feet. That Rio will host the Global Entrepreneurship Congress in March 2013 is obviously important for Brazilians. It might be more important for the rest of world.

[More]
Jonathan Ortmans
on September 17, 2012
Category:  Global 
Finding Belgium’s Startup Barriers

From an outsider perspective, Belgium has a very diverse economy with dozens of influences coming together at its prime location in the heart of the EU. Being the home to several major European universities, and a mix of service-based economy in the north and industrial-based in the south, Belgium has a diverse market structure that keeps it competitive and one of the highest income per capita economies in the world. However, when it comes to entrepreneurship, Belgium is not thriving.

[More]
Jonathan Ortmans
on July 23, 2012
Category:  Global 
Immigrant Entrepreneurs Are People Too
As the Kauffman Foundation, the Partnership for a New American Economy and many others have repeatedly shown, immigrants make great entrepreneurs. We know that 40 percent of 2010's Fortune 500 companies were founded by new Americans. Immigrants start firms at rates much higher than natives. [More]
Cameron Cushman
on July 11, 2012
Category:  Immigration  Global 
GEW Hosts Discussion on Japan's Entrepreneurial Imperative

Two prominent Japanese professors recently authored the Fukao-Kwon report, which revealed that from 1996-2006, when total employment in Japan decreased by 3.5 million, young, newly established firms and foreign companies were the only ones to create net job growth. This report also suggests that new companies have higher success rates than older, established companies in Japan and that entrepreneurs clearly need to be the central catalysts in Japan’s next chapter. Have the great innovators of the post-war years – Toyota, Nippon Steel, Sony, etc – become so huge and successful that they have lost their propensity to create disruptive new technologies?

[More]
Jonathan Ortmans
on June 25, 2012
Category:  Global 
Japan’s Entrepreneurial Imperative

Two prominent Japanese professors recently authored the Fukao-Kwon report, which revealed that from 1996-2006, when total employment in Japan decreased by 3.5 million, young, newly established firms and foreign companies were the only ones to create net job growth. This report also suggests that new companies have higher success rates than older, established companies in Japan and that entrepreneurs clearly need to be the central catalysts in Japan’s next chapter. Have the great innovators of the post-war years – Toyota, Nippon Steel, Sony, etc – become so huge and successful that they have lost their propensity to create disruptive new technologies?

[More]
Jonathan Ortmans
on June 25, 2012
Category:  Global 
The G8 and Startup APEC

Despite more research and data from the World Bank and OECD, while plenty of attention has been given to “SMEs” in the past, multinational government gatherings have largely ignored the importance of stimulating new high-impact startups as a prime global economic growth strategy. This needs to change.

[More]
Jonathan Ortmans
on May 21, 2012
Category:  Global 
Can Costa Rica Catch Up with Chile?

Last November, Costa Rica joined the global movement to unleash startups by celebrating Global Entrepreneurship Week (GEW). The response surprised its local champions. Costa Rica´s host, Yo Emprendedor, managed to get strong support from 28 key partners from across the private, public, NGO and education sectors—including the Ministry of the Economy, the largest media group in the country and angel investors.

[More]
Jonathan Ortmans
on May 14, 2012
Category:  Global 
Globally Minded Lithuanian Startups Get Top Government Help

While the Baltic countries are small compared to their EU partners, they are said to have an outsized role in generating new start-ups, particularly through their big ideas in the tech sector. Today, we look at Lithuania, which has been campaigning aggressively through Global Entrepreneurship Week in the Baltics and has rapidly been gaining a place on the entrepreneurial map.

[More]
Jonathan Ortmans
on April 30, 2012
Category:  Global 
Poland’s Regional Play

The Polish startup scene is looking increasingly vibrant. For some time now, technology blogs have been covering Polish startup expos, competitions and meetings such as Startup Weekend, PitchRally, E-nnovation and Startup Fest that are happening with some regularity across major cities. And Poland was one of the first winners of a Global Entrepreneurship Week Award. Is Poland poised to take the lead in Eastern Europe?

[More]
Jonathan Ortmans
on April 23, 2012
Category:  Global 
Start-Up Chile’s Global Footprint

As part of our ongoing discussion about the globalization of the startup movement, we look today at one nation’s strategy that appears to be very effective. Present at the recently concluded Global Entrepreneurship Congress in Liverpool were the leaders of Start-Up Chile, an almost two-year old initiative that has rapidly gained traction around the world. However, while it carries a similar name to other national initiatives around the globe, it has a very different approach.

[More]
Jonathan Ortmans
on April 16, 2012
Category:  Global 
Romania's Reach for the Future

The New York Times reported last October about Romania´s sparkling start-up scene and its pool of technology talent. Microsoft, Intel and Oracle have long seen this and invested here, working close to thousands of tech startups that breathe innovation into their companies.

[More]
Jonathan Ortmans
on April 09, 2012
Category:  Global  Growth & Poverty 
Entrepreneurship Way Forward for Pakistan

According to a new paper from the Ewing Marion Kauffman Foundation, development spearheaded by entrepreneurs and startups could create a "virtuous circle" of growth and reform to overcome violence and weak governance in Pakistan and other fragile states where traditional development programs have failed.

[More]
Mark Marich
on March 26, 2012
Category:  Global  Growth & Poverty 
Brazil and the Global Entrepreneurship Congress in 2013

With stadiums rising across the country for the 2014 World Cup soccer tournament and in Rio de Janeiro for the 2016 Olympics, it is clear Brazil itself is rising on the world stage. The country’s economic growth has led it to overtake the UK as the world's sixth-largest economy while the announcement last week that it won the bid to host the next Global Entrepreneurship Congress (GEC) will spotlight the role that entrepreneurs have played in the country’s newfound economic prowess and international standing.

[More]
Jonathan Ortmans
on March 26, 2012
Category:  Global 
Liverpool’s Legacy

I have just returned today from the Global Entrepreneurship Congress (GEC) in Liverpool where a weeklong festival of entrepreneurship floated powerful ideas about everything from seeding startup communities to smarter national top-down policies. This week I take a quick look at last week’s GEC and why it matters as a symbol of the democratization of entrepreneurship.

[More]
Jonathan Ortmans
on March 19, 2012
Category:  Global 
Canada, Singapore Top Global Innovation Policy Index

In the midst of intense global competition for innovation supremacy among countries, Canada and Singapore are a half-step ahead of the pack, according to the latest Global Innovation Policy Index.

[More]
Mark Marich
on March 19, 2012
Category:  Global 
Waterloo’s Competitive Advantage for Incubating Startup Communities in Canada

When the Global Entrepreneurship Congress convenes in Liverpool next week, one of the largest delegations will come from Canada. A few weeks ago, I had the opportunity to tour one of Canada’s best startup cities—Waterloo—which offered some useful insights for the global entrepreneurship community.

[More]
Jonathan Ortmans
on March 05, 2012
Category:  Global 
Sweden’s Young Innovators Need Entrepreneurs Too

Sweden is not waiting for the Global Entrepreneurship Congress next month to devise its strategy for building a strong startup ecosystem. While “number of patents” is only one metric to measure innovation, Sweden thinks it is one of the most important. The 2011 edition of the Global Innovation Index (GII)—developed by the INSEAD eLab which takes into account dimensions such as creativity and efficiency—ranks Sweden second of 125 economies. For the Global Competitiveness Report 2011-2012, Sweden came in third position. And, in Thomson Reuters’ “Global Innovators” list, Sweden is the headquarters location of 6 percent of the list’s companies.

[More]
Jonathan Ortmans
on February 27, 2012
Category:  Global 
Kauffman to Air PSA During Super Bowl

For years, anticipation surrounding what commercials would play during the Super Bowl has almost matched that of the game itself. Some spots—like 1984’s Apple: 1984 or 2003’s Terry Tate: Office Linebacker—have so much staying power that you can probably close your eyes and picture them still today (before clicking on the links to watch them on YouTube, of course).

[More]
Mark Marich
on January 30, 2012
Category:  General  Global 
Branson to Headline Global Entrepreneurship Congress

Sir Richard Branson is backing the world’s entrepreneurs as the primary engine of economic growth and global stability by joining the Global Entrepreneurship Congress in Liverpool.

[More]
Mark Marich
on January 30, 2012
Category:  Global 
A Global Race to Create the Best Startup Ecosystem

The recent announcement of Richard Branson, the world-famous entrepreneur best known for his Virgin brand empire and his passion for adventure sports, as the headline speaker at the upcoming Global Entrepreneurship Congress has generated a significant amount of attention and interest.

[More]
Jonathan Ortmans
on January 30, 2012
Category:  Global 
New Beginnings in Belarus

As a lead up to the March 2012 Global Entrepreneurship Congress, I will spotlight here a handful of the 120 nations gathering in Liverpool to develop the best entrepreneurial ecosystems. Today we look at Belarus.

[More]
Jonathan Ortmans
on January 23, 2012
Category:  Global 
Britain to Host Global Entrepreneurship Congress March 2012

The United Kingdom remains a fierce competitor in the global race to develop the best startup ecosystem in the world. As noted in previous posts, Prime Minister David Cameron is keen for an economic recovery led by new firm formation introducing both policies and initiatives like Startup Britain to accelerate efforts nationwide.

[More]
Jonathan Ortmans
on January 16, 2012
Category:  Global 
Economic Freedom Slips in US, Around World

Each year, the Heritage Foundation and the Wall Street Journal assess and rank the "economic freedom" of the world’s economies. And each year, Hong Kong and Singapore occupy the top two spots--well, for the last 18 years anyway. The newest edition is out and those two continue their stranglehold at the top of the Index, followed by Australia, New Zealand and Switzerland.

[More]
Anonymous
on January 16, 2012
Category:  Global 
How Do We Strengthen US Competitiveness

In a world where seemingly every nation is scrambling to bolster innovation and entrepreneurship, how can the U.S. strengthen its competitiveness? According to a new report from the Department of Commerce, the formula is simple and based on looking at the country’s track record for promoting innovation—increased government funding for research, education and infrastructure. It argues that “failures to properly invest in, and have comprehensive strategies for” those three pillars are responsible for the shrinking gap between the US and other nations.

[More]
Mark Marich
on January 09, 2012
Category:  Education  Global  Workforce  Physical Infrastructure  Technology Transfer 
Canada on the Rise

According to a recent index released by Forbes, many policy changes have made Canada the best country for business. The index evaluates countries on property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Canada jumped three spots from the 2010 survey, getting high marks for Personal Freedom (#1), Red Tape (#3), Investor Protection (#5) and Trade Freedom (#7). It also had a noticeable improvement in its tax ranking—thanks largely to a “Harmonized Sales Tax” and reduced corporate and employee tax rates. Is this resulting in a better climate for Startups?

[More]
Jonathan Ortmans
on November 28, 2011
Category:  Global 
Powered by the Millennial Generation

The world economy has disappointed this year with its jobless recovery and continuing financial instability. Clearly, the country needs more entrepreneurs. A recent poll in the U.S. shows that those ages 18-34--the so-called “Millennial Generation”--are that entrepreneurial bunch. Fifty-four percent of “millennials” either want to start a business or already have started one. And judging by last week’s vibrant Global Entrepreneurship Week, this seems to be a global phenomenon and one driven by people who want to do good and do well.

[More]
Jonathan Ortmans
on November 21, 2011
Category:  Global 
Diaspreneurship

Diasporans are natural bridges between cultures and systems, but their diplomatic and developmental potential remains largely untapped. During Global Entrepreneurship Week in Washington DC, the U.S. Department of State, the Inter-American Development Bank (IDB), the Kauffman Foundation and Univision Networks hosted Unleashing IdEA to develop ideas for harnessing the entrepreneurial spirit of diaspora communities.

[More]
Mark Marich
on November 21, 2011
Category:  Global  Immigration 
A Smarter World by Startups

As the world celebrates another Global Entrepreneurship Week, the Huffington Post features an essay today by Jonathan Ortmans that provides a glimpse at what that will look like.

[More]
Mark Marich
on November 14, 2011
Category:  Global 
Global Entrepreneurship Week Movement Blasts Off in 123 Countries

Today is another historic day for startups and our economies. It is the opening day of the fourth Global Entrepreneurship Week, the world’s largest celebration of the innovators who launch startups that bring ideas to life, drive economic growth, and expand human welfare. In three short years, Global Entrepreneurship Week has expanded to more than 120 countries and this week organizers are expecting nearly 11 million people to show up at over 40,000 planned events and activities.

[More]
Jonathan Ortmans
on November 14, 2011
Category:  Global 
Washington DC's Huge Celebration of Startups for Global Entrepreneurship Week

Regardless of whether American policymakers can ever fix domestic policy to boost entrepreneurship—as in making a Startup Visa happen or removing other barriers that slow the birth of new high growth firms—the nation’s capital will be alive with startup fever next week (November 14 – 18) as Global Entrepreneurship Week takes center stage around the world.

[More]
Jonathan Ortmans
on November 07, 2011
Category:  Capitol Hill  Global 
Looking Past the Talk on International Aid

Late September is always a busy time in New York and Washington for world leaders. New York is crowded with heads of state and visionaries at the UN Assembly or the Clinton Global Initiative, and in Washington, DC, the World Bank Group and IMF Annual Meetings that took place this past weekend always spur an assortment of organizations with global economic development missions to gather their flocks. We all wonder what all these expensive ‘meetings of the minds’ are accomplishing. To share my own bias, it prompts me once a year to check in and see how much development bureaucrats are really seeing and listening to the entrepreneurs on the ground doing the work.

[More]
Jonathan Ortmans
on September 26, 2011
Category:  Global  Growth & Poverty 
Kauffman Expands Global Scholars Program

A world-class opportunity awaits U.S. college graduates with innovative ideas for a new business. The Ewing Marion Kauffman Foundation is expanding its successful Global Scholars Program to include up to 10 recent graduates from U.S. colleges and universities who will join Scholars from around the world.

[More]
Mark Marich
on September 26, 2011
Category:  Global  Education 
Low Costs & Optimism Lure Immigrant Entrepreneurs Back to India, China

As the immigration debate continues without much hope of resolution in the near future, high-skilled immigrant entrepreneurs from India and China are turning away from the US and heading home. Leaving the US by the tens of thousands each year, they are drawn back by better economic and professional opportunities, according to a new Kauffman Foundation study highlighted in a BusinessWeek article by researcher and author Vivek Wadhwa

[More]
Mark Marich
on May 03, 2011
Category:  Growth & Poverty  Global 
Stirring Up the Startup World

Startup Weekend has helped educate more than 30,000 entrepreneurs at some 475 events worldwide, facilitating the launch of more than 650 new startup ventures around the globe. With events in more than 124 cities and thirty-plus countries, Startup Weekend is a featured event during Global Entrepreneurship Week, a Kauffman Foundation initiative that annually introduces millions of young people around the world to entrepreneurship.

[More]
Mark Marich
on May 03, 2011
Category:  Global 
The Most Important Global Company You Have Never Heard Of

They are larger than amazon and have more users than ebay. Yet, most Americans have never heard of them. But this company’s implications for the global economy and the increase of human welfare to the world’s poor hold vast potential.

[More]
Cameron Cushman
on April 6, 2011
Category:  Global  Digesting DC 
The Gift of Arab Youth

We do not have to puzzle long over what ignited the Arab Youth to take over the streets calling for reforms in their governments. The protests have been against long tyrannies, unemployment and have been fueled by the power of social media. The act that triggered the pro-democracy movement in many Arab countries, the self-immolation of a Tunisian in protest over the confiscation of his fruit stand, shows that the events of late are also an uprising against anti-entrepreneurial barriers. Clearly, protesters have issued a call to Arab leaders to not stifle the innovative aspirations of their people--especially the younger generation--which leaders themselves have armed through education and who are now impatient to put their education to good use.

[More]
Jonathan Ortmans
on March 08, 2011
Category:  Growth & Poverty  Global 
Want to Grow Your Company? Export

I was shocked to learn that only 1 percent of American companies export their products. More shocking still, of those companies that export, 58 percent of those companies export to only one country.

[More]
Cameron Cushman
on March 3, 2011
Category:  Global  Digesting DC 
China’s Chance

I report in today from Shanghai where preparations are underway for a major global summit on entrepreneurship at the end of March. The recent events in Egypt have put a spotlight on the role of a younger, well-educated generation of entrepreneurs peacefully channeling expressions of economic freedom. China has been miles ahead in reconciling a strong government with messy entrepreneurialism and offers some useful lessons for Arab nations as they grapple with enabling, rather than blocking, their citizens under the age of 25.

[More]
Jonathan Ortmans
on February 14, 2011
Category:  Global  Growth & Poverty 
A Look Back at Entrepreneurship in 2010

Since the economic crisis broke out, entrepreneurship has attracted increased attention as a key path to economic recovery. I was happy to see that entrepreneurs have been set apart from some of the negative perceptions of big business and the blame being placed on large financial institutions for the economic meltdown. The question is whether such recognition of entrepreneurs as an engine for growth and innovation translated into concrete pro-entrepreneurship policies.

[More]
Jonathan Ortmans
on January 03, 2011
Category:  Growth & Poverty  Global 
Entrepreneurship Talk and Action in the Maghreb

I have just returned from a brief last minute visit to Algiers where I spoke at a conference focused on the Maghreb countries: Morocco, Algeria, Tunisia, Libya, and Mauritania. The objectives of the Maghreb Entrepreneurship Conference, a follow-on to President Obama’s Presidential Summit on Entrepreneurship held in April 2010 in Washington, DC was to discuss strategies to promote job creation through entrepreneurship.

[More]
Jonathan Ortmans
on December 06, 2010
Category:  Growth & Poverty  Global 
Uruguay’s Entrepreneurship Fast-tracking

On my recent trip to South America during Global Entrepreneurship Week, I cast a mournful eye over Uruguay where, were it not for problems with flight schedules I had hoped to visit. Uruguay, the South American nation nestled between Brazil and Argentina, is trying to take the fast track toward becoming a startup economy.

[More]
Jonathan Ortmans
on November 29, 2010
Category:  Global  Growth & Poverty 
Global Entrepreneurship Week Sunsets with Renewed Hunger for Growth

I am happy to report that in its third year, Global Entrepreneurship Week grew by leaps and bounds. As more countries take advantage of this global movement, more minds are pursuing their entrepreneurial dreams. GEW has not just inspired students looking for a way to reach their goals, but the leaders of nations who were inspired in their efforts to boost growth by the sheer energy of the millions of participants in GEW activities during the past two weeks. In case you haven’t been following, here are a couple of anecdotes from this year’s Week, and the reaction it produced among some of the world’s leaders.

[More]
Jonathan Ortmans
on November 22, 2010
Category:  Global  Growth & Poverty 
Global Entrepreneurship Week Kicks off Around the World and Portugal’s New Age of Discovery

Throughout this week, when another 80 countries launch Global Entrepreneurship Week (GEW), there will be a significant number of events organized by GEW partners at universities, schools, companies, professional associations, technological centers and municipalities. Like last week’s events in Muslim countries, the activities will be diversified, ranging from thematic conferences to networking with investors and entrepreneurs, presentation of business plans, recreational events, sport events, cultural events, etc. There will be something for everyone and I encourage all to take advantage of these opportunities.

[More]
Jonathan Ortmans
on November 15, 2010
Category:  Global 
President Obama Visits Indonesia On Eve of Schramm Launch of GEW 2010

“In business, the only certain thing is failure. Especially when you operate in a place like Indonesia,” Sandiaga Uno said earlier this year during his visit to the U.S. for President Obama’s Summit on Entrepreneurship. After being laid off during the financial crisis in Asia in the late 90s, Uno decided to try entrepreneurship to pay off credit card debt and put food on his family’s table. He is now the renowned co-founder of Saratoga Capital, the first private equity firm in Indonesia focusing on natural resources that grew from four workers to about 15,000 employees.

[More]
Jonathan Ortmans
on November 15, 2010
Category:  Growth & Poverty  Global 
Global Entrepreneurship Lights Up Across the Globe

Since it was launched in 2008 by the Kauffman Foundation and Enterprise UK, more than 18,000 partner organizations joined the global movement to shape the next generation of entrepreneurs. In its still short life, GEW has established a solid and ongoing presence in more than 100 countries -- and counting. During the same time period, over 10 million people around the world have participated in GEW activities and 2010 promises to boost that total to tap even more human capital and breathe life into new startups.

While the majority of nations this year will start Global Entrepreneurship Week on November 15th, some countries are conducting their celebrations a week or more in advance due to an important Muslim holiday, Eid al-Adha, falling on November 16th.

[More]
Jonathan Ortmans
on November 08, 2010
Category:  Global  Growth & Poverty 
Denmark’s Active Investment in Entrepreneurship

The following is a collaborative post by Jonathan Ortmans, president of the Public Forum Institute and a senior fellow at the Kauffman Foundation, and Anders Hoffman, Director of Entrepreneurship and Innovation Policy for Erhvervs- og Byggestyrelsen

Denmark is in many ways a paradoxical country. It has the world’s highest taxes and yet Danes are among the happiest people in the world according to the U.S. National Science Foundation. Denmark has generous social benefits, a large public sector and yet is quite innovative and entrepreneurial. The Global Competitiveness Report and the Index of Economic Freedom both rank Denmark 9th on their world lists, and the Legatum Prosperity Index ranks the country 6th in entrepreneurship and innovation. Denmark did not end in the top ten of these world lists by chance. What steps and policy initiatives made this possible?

[More]
Jonathan Ortmans
on November 01, 2010
Category:  Global  Growth & Poverty 
A Silent G20 and the Need for Entrepreneurial Role Models in South Korea

I have just returned today from a short visit to South Korea where I addressed an international conference and met with various universities both in Seoul and Daejeon Valley – described to me by locals as Korea’s Silicon Valley.

Visitors arriving at Seoul’s acclaimed airport can only be impressed by its sophisticated application of technology into everyday lives. The train I rode from Seoul to Daejoen cruised at 300 Kilometers per hour, every taxi in Seoul was clean and paid for with a back seat touchpad card reader and the urban planning seemed super smart with local government being placed in beautiful floating structures on the river and national government being moved altogether out of Seoul.

[More]
Jonathan Ortmans
on October 25, 2010
Category:  Growth & Poverty  Global  Workforce 
A Bright Future for Entrepreneurs in China

The China we knew as the enormous economy largely fueled by cheap labor and inexpensive manufacturing has changed. Though happening slowly compared to its potential, China is becoming one of the most innovative economies on the planet and the birthplace of entrepreneurs like Robin Li, CEO of Baidu, who are entrepreneurial rock stars at home and around the world. Entrepreneurial capitalism seems to be taking hold in China. How is entrepreneurship overcoming the roadblocks of a planned economy?

[More]
Jonathan Ortmans
on October 18, 2010
Category:  Global  Growth & Poverty 
New World Bank Data on New Business Creation

While the global financial crisis impacted almost all new entrepreneurs, it began in developed countries and hit their entrepreneurs harder. As a result, in richer countries, new business creation dropped sharply amid the crisis. In contrast, new business registrations in many low-income countries didn't change much. These are the findings in The 2010 World Bank Group Entrepreneurship Snapshots, which presents data collected about newly registered companies in 112 countries and was released recently.

[More]
Jonathan Ortmans
on October 14, 2010
Category:  Growth & Poverty  Global 
Global Entrepreneurship Week Growing Closer

In November, millions of people around the globe will participate in the world's largest celebration of entrepreneurship. Thousands of events in more than 100 countries will celebrate innovation, entrepreneurship, and creativity during Global Entrepreneurship Week 2010 (GEW), Nov. 15-21. Now in its third year, the event will bring together aspiring and inspiring entrepreneurs, helping them embrace originality, imagination, and ingenuity through local, national, and global activities.

[More]
Mark Marich
on October 04, 2010
Category:  General  Global 
Bolivia: Advancing a Nascent Entrepreneurial Ecosystem

Like many developing countries, Bolivia has a nascent, but promising entrepreneurial environment. The country has a good number of institutions that offer financial and technical services that network the country’s millions of micro-entrepreneurs. However, as readers of this blog are well aware, data has confirmed time and again that it is young firms that grow that provide the most benefits to society in terms of job and wealth creation and innovation. Thus, the challenge ahead for Bolivia is to enable more growth entrepreneurs.

[More]
Jonathan Ortmans
on September 20, 2010
Category:  Global  Growth & Poverty 
Start-Ups Continue to “Bloom” in Argentina

In the 90s, Argentina became Latin America’s Internet center, which was a good sign of an entrepreneurial spirit among its people. Endeavor, the United States nonprofit that helps foster high impact entrepreneurship, had its first success in the developing world in Argentina just before the country’s last major financial collapse. Given Argentina’s turbulent economic history, I thought I would take a quick look at the role of entrepreneurs over the past 10 years since Argentina’s Internet startup boom.

[More]
Jonathan Ortmans
on September 13, 2010
Category:  General  Global  Growth & Poverty 
The State of Entrepreneurship in Chile

The Chilean economy has been recognized as the most competitive of Latin America. In general, Chile has been characterized by political and economic stability and relatively low levels of corruption and offers one of the most advanced physical infrastructure systems in the region. The potential and proven track record of this economy has led to Chile’s recent accession to the OECD as its 31st member and its first member in South America. Not surprisingly, Chile is often a case study in economic development. The question is whether its model will show the power of entrepreneurship as an engine for prosperity?

[More]
Jonathan Ortmans
on August 30, 2010
Category:  Global  Growth & Poverty 
Kauffman Foundation introduces iStart

The following press release was just issued by the Kauffman Foundation about the iStart, a new Web-based platform that helps organizations simplify how they market and administer business plan competitions worldwide. New Hub for Business Plan Competitions to Create Access, Transparency for Entrepreneurial Community Worldwide (Kansas...

[More]
Anonymous
on August 16, 2010
Category:  General  Global  Technology Transfer 
Peace (and Startups) in the Middle East

World leaders have focused on peace in the Middle East for decades and efforts to engage populations directly through entertainment and the arts -- like music, dance, poetry and painting -- have also aimed to bridge the gap between cultures. Now, Startup Weekend is banking on...

[More]
Mark Marich
on July 19, 2010
Category:  Global 
Iceland: Conquering the Economic Crisis with Entrepreneurship
Amidst all the bad news in Iceland related to the economic crisis and the disruption caused earlier this year by the Eyjafjallajokull volcano, the country has seen some entrepreneurial silver linings. The stream of positive signs I noticed began in March this year when Iceland... [More]
Jonathan Ortmans
on July 18, 2010
Category:  Global 
Beyond the World Cup: A Diamond for Growth
Spain’s victory yesterday in the World Cup in Johannesburg marks the conclusion to an exciting competition. However, with the media pointing to some of the dashed economic expectations among South Africans these past few weeks, I decided to inquire a little more into the entrepreneurial... [More]
Jonathan Ortmans
on July 12, 2010
Category:  Global 
Roundtables on Entrepreneurship Education Scheduled
Looking ahead to the end of 2010 and into 2011, the Stanford Technology Ventures Program (STVP) at Stanford University is conducting five Roundtables on Entrepreneurship Education (REE) for universities worldwide. The 2011 roundtables will mark the tenth year for the program -- and its first appearance in... [More]
Mark Marich
on July 06, 2010
Category:  Global 
Reshaping Economic Landscape in Saudi Arabia
As the King of Saudi Arabia met in the U.S. with President Barack Obama on June 29th, the National U.S.-Arab Chamber of Commerce (NUSACC) released its first newsletter dedicated to entrepreneurship in Saudi Arabia. The news suggests that the country is gradually gaining a supportive... [More]
Jonathan Ortmans
on July 03, 2010
Category:  Global 
State Department Launches New Program for Entrepreneurship
The U.S. Department of State just launched a new initiative that leverages entrepreneurship as tool for international economic development and cooperation. The Global Entrepreneurship Program (GEP) focuses on supporting entrepreneurs in communities around the world by helping to create supportive entrepreneurial ecosystems. The GEP will... [More]
Mark Marich
on June 28, 2010
Category:  Global 
Cameron’s Payroll Tax Holiday and the G20 Summit
I suggested in my blog following President Obama’s Presidential Summit on Entrepreneurship earlier this year that what we now need is for routine global ministerial level economic meetings to concentrate on policies that encourage the creation of new firms. As I depart Toronto where we... [More]
Jonathan Ortmans
on June 28, 2010
Category:  Global  Tax Code 
A Voice for Young Entrepreneurs in G20 Meetings

This week on June 20-22, I will be speaking and participating at the G20 Young Entrepreneur Summit hosted by the Canadian Youth Business Foundation. The event, recognized by the Canadian government as an official G20 event, will bring together delegations from leading entrepreneurship organizations from...

[More]
Jonathan Ortmans
on June 20, 2010
Category:  Global 
Yes, Minister. Entrepreneurship.
The spirit of entrepreneurship was alive and well at last week’s Presidential Summit on Entrepreneurship. The White House took a political risk in hosting a summit on “global” entrepreneurship in a climate when so many Americans, anxious about their local economy, are easily blinded to... [More]
Jonathan Ortmans
on May 03, 2010
Category:  Global 
State Department Initiatives for Entrepreneurship Announced
At the Presidential Summit on Entrepreneurship which I am attending this week, in her speech before all the delegates, Secretary of State Hillary Clinton announced specific steps to create entrepreneurial environments, expand access to capital and expertise, and advance mentorship for emerging and aspiring entrepreneurs... [More]
Jonathan Ortmans
on April 28, 2010
Category:  Global 
Summit-Related Events Mapped
In addition to the official events on April 26 and 27 for the Presidential Summit, over thirty partner organizations have invited participants to independent events, highlighting how the President and the US Government have helped catalyze a long-term, sustainable conversation on entrepreneurship.  During recent months,... [More]
Mark Marich
on April 27, 2010
Category:  Global 
Washington Rolls Out Red Carpet for Global Entrepreneurship
This afternoon, President Obama addressed the Presidential Summit on Entrepreneurship organized by the Department of State and the Department of Commerce following his promise in Cairo last June. The event is designed to promote entrepreneurship in Africa, the Middle East, and South, Central and Southeast... [More]
Jonathan Ortmans
on April 26, 2010
Category:  Capitol Hill  Global 
Summit Delegates Make Their Way to Washington
[image courtesy America.gov]Individuals from more than 50 countries are on their way to Washington to serve as delegates to the Presidential Summit on Entrepreneurship. America.gov is telling the stories of several of those amazing delegates.Its feature on the summit -- slated for April 26 & 27 -- includes blog... [More]
Mark Marich
on April 23, 2010
Category:  Global 
The State of Entrepreneurship in Malaysia
Today, we start the seven day countdown for the Presidential Summit on Entrepreneurship, and I want to take the opportunity to highlight a nation where entrepreneurship is starting to bloom: Malaysia. Although not yet a start-up economy, the desire for entrepreneurship and innovation are there,... [More]
Jonathan Ortmans
on April 19, 2010
Category:  Global 
Entrepreneurship in Turkey
Turkey offers quite a sophisticated platform for entrepreneurs. It has a diversified industrial base, a relatively stable political and economic environment, a critical mass of willing early adopters, a considerable talent pool, a strong domestic market and underserved neighboring markets. Yet, currently only 6 out... [More]
Jonathan Ortmans
on April 05, 2010
Category:  Global 
The State of Entrepreneurship in Egypt
Last June, President Obama announced in Cairo, Egypt that the U.S. government will host a Summit on Entrepreneurship to identify how we can deepen ties between leaders, foundations, and entrepreneurs in the U.S. and Muslim communities around the world.  Throughout April leading up to the... [More]
Jonathan Ortmans
on March 29, 2010
Category:  Global 
Entrepreneurship as Career Option
Various countries are launching new initiatives to boost entrepreneurship education within their traditional institutions. For example, Canada’s Federal Minister of State (Small Business and Tourism) Rob Moore met with entrepreneurs and mentors last week in Toronto to discuss the state of youth entrepreneurship in Canada. Hosted by... [More]
Mark Marich
on March 19, 2010
Category:  Education  Global 
Global Entrepreneurship: A Common Language
Last week’s Global Entrepreneurship Congress (GEC) in Dubai was a historic gathering not only because -- under the patronage of Sheik Nahayan Mabarak Al Nahayan of the UAE -- it brought together entrepreneurship leaders from nearly 100 nations, but because it heralded a new era... [More]
Jonathan Ortmans
on March 15, 2010
Category:  Global 
A Role for Entrepreneurs in Haiti
Haitians have received help from governments, the private sector and the philanthropic community around the world to deal with the awful devastation, but the long term goal of rebuilding a nation and constructing institutions from scratch will require sustained commitment to the country. I can’t... [More]
Jonathan Ortmans
on March 01, 2010
Category:  Global 
The State of Start-ups
When President Obama will deliver his first State of the Union address is still unclear. However, with 80 percent of the population believing that new economic growth and jobs will come from entrepreneurs, discussion around what his address should include in terms of policies that... [More]
Jonathan Ortmans
on January 18, 2010
Category:  Capitol Hill  Global  Health Care  Immigration  Tax Code 
Diaspora Entrepreneurs: From Brain Drain to Brain Gain
We have long argued that the American model for development assistance could improve dramatically if entrepreneurship becomes a stronger element of economic development efforts. Unfortunately, the importance of new firm creation is a concept that has yet to gain relevance in traditional development models, such as the... [More]
Jonathan Ortmans
on January 11, 2010
Category:  Global 
A New Year's Resolution
Since the economic crisis broke out, capitalism has been under the microscope. Many have blamed evil businesses and market forces for the financial meltdown, and have lost confidence in private-sector engagement strategies for recovery. Luckily, in this country many more have experienced the positive impact... [More]
Jonathan Ortmans
on January 04, 2010
Category:  Global 
Tidings of Joy: An Optimistic Note for the Holidays
The spiritof entrepreneurship was alive and well at a recent gathering of more than 400 Georgetownstudents interested in globalization and entrepreneurship. When asked why theycame, it is not surprising that most aspired in some way to make a differenceas a “social innovator.”  What was moreof... [More]
Jonathan Ortmans
on December 21, 2009
Category:  Global 
OECD Scoreboard Focuses on Innovation
The complete OECD Science, Technology andIndustry Scoreboard 2009 is now availablefree online. Scoreboard’s more than 200 internationally comparable qualityindicators provide data and analysis about trends shaping science andinnovation, and answer important policy questions such as: What impact has thecrisis had on innovation and spending on... [More]
Mark Marich
on December 20, 2009
Category:  Global  Intellectual Property  Technology Transfer  Workforce 
Why Global Entrepreneurship Week Matters
(photo courtesy of Pieter Glerum) Days before Global Entrepreneurship Week kicked off, a piece in BusinessWeek by two of the initiative's proponents made the case for why it pays to encourage entrepreneurship among young people around the globe. Written by PDE's Jonathan Ortmans and... [More]
Mark Marich
on November 23, 2009
Category:  Global 
A Global Policy Dialogue on Entrepreneurship
[L to R] Dutch Secretary of the Ministry of Finance, Jan Kees de Jagerhan, and Jonathan Ortmans of PDE during Global Entrepreneurship Week (photo courtesy of Pieter Glerum)   During this past Week I have been “Globe Blogging” and have reported from the road about... [More]
Jonathan Ortmans
on November 23, 2009
Category:  Global 
President Obama Proclaims Support During Global Entrepreneurship Week
As Global Entrepreneurship Week comes to a close in the US and 88 countries around the world, U.S. President Barack Obama has issued a proclamation supporting those efforts, proclaiming November 16 - 22 to be a national Entrepreneurship Week. In doing so, Obama called "upon... [More]
Mark Marich
on November 20, 2009
Category:  Capitol Hill  General  Global 
Global Entrepreneurship Policy Dialogues in Washington, DC
Washington, D.C, the capital of one of the most entrepreneurial economies and home to the largest international development organizations is alive for this, Global Entrepreneurship Week.  Policy events will focus, like others around the world, on the need to globally unleash a new wave of... [More]
Jonathan Ortmans
on November 16, 2009
Category:  Global 
Entrepreneurship Globe Blogging Tour
Welcome to Global Entrepreneurship Week.  Throughout this week, I will be reporting in from entrepreneurship policy events around the world.  Global Entrepreneurship Week is engaging more than four million participants in 88 countries exploring new venture creation as a career path through mentoring activities, business plan... [More]
Jonathan Ortmans
on November 16, 2009
Category:  Global 
Global Entrepreneurship Week... Coming Soon to a Venue Near You
What do Snoop Dogg, Prince Charles & Secretary of State Hillary Rodham Clinton have in common? They are just a few of the VIPs and world leaders involved in Global Entrepreneurship Week, an initiative taking 87 countries by storm next week. Some of the... [More]
Mark Marich
on November 09, 2009
Category:  General  Global 
Cultural Capital for Entrepreneurs
The record number of pro-entrepreneurship legal and regulatory reforms in the past year among the economies studied by the World Bank’s Doing Business project is welcome news during a time of global economic recession. Prioritizing reforms and learning from global best practices hold enormous potential... [More]
Jonathan Ortmans
on November 09, 2009
Category:  General  Global 
Caught the Entrepreneurial Bug? Don’t Procrastinate
If you often find yourself quietly thinking “I know a better way to do this” or “I could create something new that would make this easier for everyone,” you are a potential entrepreneur. Don’t waste that potential. The economy needs you more than ever.In times... [More]
Jonathan Ortmans
on November 02, 2009
Category:  Global 
Achieving Scale in Entrepreneurship
The economic downturn has renewed interest on how to generate more “job creators” in our economies. A new global movement will launch a celebration in November, promising to unleash entrepreneurial potential around the world: Global Entrepreneurship Week. Founded by the Ewing Marion Kauffman Foundation and... [More]
Mark Marich
on October 21, 2009
Category:  General  Global 
A Problem with a Gift in Its Hands
I have always liked the story of the CEO who sends two shoe salesmen to Africa.  When they report back, one says “Bad news, they don’t wear shoes here”.  The other reports excitedly “Wonderful news boss, they have no shoes”.One of the worst features of... [More]
Jonathan Ortmans
on October 19, 2009
Category:  Global 
The Under 30 Entrepreneurial Generation
Inc. just launched its annual 30 Under 30 list. I encourage you to take a look at the site featuring profiles of young minds that are changing everything from office settings to the way other start-ups can succeed. For example, Elliot Bisnow started the Summit... [More]
Mark Marich
on October 15, 2009
Category:  General  Global 
Europe's Entrepreneurial Challenge
The Doing Business 2010 reporthighlighted how the financial crisis has prompted governments to act inareas where regulatory reform may be more difficult and require moretime. The report states that in times of recession, “the more quicklythe assets of nonviable firms can be freed up, the easier it... [More]
Jonathan Ortmans
on October 05, 2009
Category:  Global 
Matching Youth Unemployment with Entrepreneurship
Youth unemployment rates are soaring worldwide. That rate recently reached 15% in the UK, a record 25.5% in the U.S., and much higher numbers in other countries whereeconomic growth and opportunity have long failed to keep pace with thegrowing number of young people entering the labor force. However, youthunemployment... [More]
Jonathan Ortmans
on September 14, 2009
Category:  General  Global 
Entrepreneurs As a Solution to Policy Challenges
In the past few months, we have highlighted through articles and factsheets how public policy can make the path easier for entrepreneurship and innovation. With the Policy Dialogue on Entrepreneurship, we hope to emphasize not only how policies can foster entrepreneurs, but also how entrepreneurship can directly be part of... [More]
Jonathan Ortmans
on September 07, 2009
Category:  Capitol Hill  Education  Energy  Environment  General  Global  Health Care  Immigration  Intellectual Property  Liability Litigation  Physical Infrastructure  Red Tape  Tax Code  Technology Transfer  Workforce 
U.S. R&D Tax Credit Sagging
The Information Technology and Innovation Foundation (ITIF) continues toargue in favor of corporate tax reform. In “U.S. Continues to Tread Water in Global R&D Tax Incentives”, ITIF’s Robert Atkinson contends that the United States’ R&D credit has fallen so far behind compared to other nations... [More]
Mark Marich
on August 31, 2009
Category:  Global  Technology Transfer 
Entrepreneurial Population Dynamics
An aging country doesn’t strike one as an entrepreneurial society, but Dane Stangler from the Kauffman Foundation put together various pieces of evidence suggesting that we are “on the cusp of an entrepreneurship boom.” In a new report, "The Coming Entrepreneurship Boom," Dane explains that... [More]
Jonathan Ortmans
on July 28, 2009
Category:  Global 
Financial History... the Backstory Behind All History
A new PBS series, sponsored in part by the Kauffman Foundation, called "The Ascent of Money" promises to take viewers on a journey chronicling the role of money in human progress in a new light. An initial two-hour version of the documentary, which aired last... [More]
Mark Marich
on July 06, 2009
Category:  Global 
BERR Becomes BIS... with a New Fund of Funds
Early in June, the UK's Department for Business, Enterprise and Regulatory Reform got a facelift -- merging with the Department for Innovation, Universities and Skills to become the Department for Business, Innovation and Skills (BIS). It also has a new venture capital 'fund of funds'... [More]
Mark Marich
on July 06, 2009
Category:  Global 
Creating a White House Office of Innovation Policy
The innovation legislation pieces discussed yesterday in the House Committee on Science and Technology corresponded with three sectors of innovation policies—information technology, energy, and services—discussed at a gathering I attended the same day by The Information Technology & Innovation Foundation (ITIF). Stuart Benjamin and Arti... [More]
Jonathan Ortmans
on June 25, 2009
Category:  Global 
Entrepreneurship Not on G8 Radar
PDE staff were on hand last week for a conference to discuss the priorities of the upcoming G8 conference in Italy, including the global economic crisis. Ourreport of the event, hosted by the Centerfor Strategic & International Studies and the Italian Embassy, follows: This... [More]
Mark Marich
on June 22, 2009
Category:  Global 
VC Investing in China
The flow of venture capital to China is slowing in response to the global downturn. According to a new report from the China Venture Capital Association (CVCA), foreign venture capital (VC) investors are concerned about the short term economic prospects for the Chinese economy. More... [More]
Mark Marich
on May 04, 2009
Category:  Global 
Innovation in Japan?
Japan’s economy has been in the doldrums for some time, and things are getting worse in the current downturn. If they hope to jumpstart growth, Japan’s leaders need to embrace a new approach to innovation. A new report from Harvard Business School researchers suggests that... [More]
Mark Marich
on April 29, 2009
Category:  Global 
World Economic Forum Calls for Entrepreneurship Education
The World Economic Forum has issued a call to action—to globally catalyze entrepreneurship through education--in a new report “Educating the Next Wave of Entrepreneurs.” The report analyzes entrepreneurship education practices around the world, focusing on everything from youth, to higher education and social inclusion. This... [More]
Mark Marich
on April 27, 2009
Category:  Education  Global 
The Week Ahead in Entrepreneurship Policy
Tuesday, April 28, 2009 -- Committee HearingHouse Committee on Science and Technology, Subcommittee on Energy and Environment"Pushing the Efficiency Envelope: R&D for High-Performance Buildings, Industries and Consumers"Time -- 10:00a.m. – 12:00p.m. Location -- 2318 Rayburn House Office Building[more info] Wednesday, April 29, 2009 --... [More]
Mark Marich
on April 27, 2009
Category:  Capitol Hill  Education  Energy  Environment  Global  Technology Transfer 
In Good Times & Bad, Innovation Can't Wait
Human nature in times of crisis tells us to avoid rish and make the safe play. This week, I explain why the exact opposite message is needed when it comes to entrepreneurial activity in times of recession. Here is the lead:Every day—while building roads, giving... [More]
Jonathan Ortmans
on April 20, 2009
Category:  General  Global 
Entrepreneurs 1 -- Pirates 0
Through the Policy Dialogue on Entrepreneurship we like to talk about the importance of creating an entrepreneurial ecosphere to stimulate economic growth. We also believe strongly that an essential element of that is a culture that recognizes opportunities and is willing to accept risk... [More]
Mark Marich
on April 17, 2009
Category:  Global 
Defending Capitalism
With a magnificent stumble highlighting a global recession, capitalism has been kicked numerous times while its down. There is even a new term popping up--"casino capitalism"--to paint it as too fast and too loose. But let's not throw the baby out with the bathwater.A recent... [More]
Mark Marich
on April 13, 2009
Category:  General  Global 
E=R... Canadian-style
I saw this tweet yesterday afternoon from @unleashingideas: "...long term, economic growth will be generated from private sector, innovation and entrepreneurship..." PM Harper That's an awful big message to pack into 140 characters or less. It refers to a recent interview that Canadian Prime Minister... [More]
Mark Marich
on April 02, 2009
Category:  Global 
Reality Check: Scarce Talent
The $787 billion economic stimulus package includes largeinvestments in innovation in areas such as energy, health IT, andbroadband. Developing these new technologies will be scientists andengineers, but here’s a reality check: we don’t have enough of them.Although increasing the number of U.S. scientists and engineers... [More]
Jonathan Ortmans
on March 30, 2009
Category:  Global  Immigration  Workforce 
Has Entrepreneurship Become Cool?
Has entrepreneurship become cool?Of course we like to think so, but it's nice to see that The Economist feels the same way. About twice each month, the self proclaimed "authoritative weekly newspaper focusing on international politics and business news and opinion" publishes 'special reports' that... [More]
Mark Marich
on March 23, 2009
Category:  Global 
Innovation in Manufacturing
A new Boston Consulting Group study examines how American manufacturers view innovation. Not surprisingly, they recognize that innovation is a key to future success, but they are not happy with their own firms’ performance. Only 43 percent of surveyed executives are happy with the return... [More]
Mark Marich
on March 23, 2009
Category:  General  Global 
Combing the World in Search of Start-up Talent
Our new generation of entrepreneurs are global in their mindsets. This week, I argue that we should approach innovation in a similar fashion, taking steps to boost R&D and the commercialization of new technologies at home, while at the same time scouring the world to... [More]
Jonathan Ortmans
on March 23, 2009
Category:  Global 
Nordic Innovation Monitor
Over the past decade, the Nordic nations have emerged with some of the world’s most innovative and competitive economies. According to the Nordic Council of Ministers’ latest Nordic Innovation Monitor, the current economic crisis may offer an opportunity to help accelerate innovation in the region.Clearly,... [More]
Mark Marich
on March 16, 2009
Category:  Global  Immigration  Technology Transfer 
Innovation Heat Map
Analysts at McKinsey and Co. have recently created a very cool look at the world of innovation. Their innovation "heat map," developed in conjunction with the World Economic Forum, maps the world's leading industrial clusters according to key factors such as size, diversity, and growth.... [More]
Mark Marich
on March 16, 2009
Category:  Global 
Global Entrepreneurship Congress Looks to November
Last November, an entrepreneurial revolution started as more than 75 countries celebrated Global Entrepreneurship Week with 25,000 activities. This week, representatives from more than 50 of those countries are gathered in Kansas City at the Kauffman Foundation to collaborate on plans for 2009. I'm sitting... [More]
Mark Marich
on March 09, 2009
Category:  Global 
Global Smarts: Cue the Innovation Generation
I wrote this week's essay while preparing to lead the Global Entrepreneurship Congress in Kansas City at the Kauffman Foundation. The Congress brought together organizations that will again lead Global Entrepreneurship Week (November 16 - 22) to inspire the next generation of entrepreneurs.  Here is... [More]
Jonathan Ortmans
on March 09, 2009
Category:  Global 
A Bright Beacon in the "Shining City on the Hill"
The one thing that America has been admired for throughout the years is its entrepreneurial spirit. My latest essay touches on using that trait to lead a push for job creation and growth during a global recession. Here is the lead: Although the reputation of the... [More]
Jonathan Ortmans
on March 02, 2009
Category:  Global 
What Do We Know About Innovation? The OECD’s Take
For the past decade, the Paris-based Organization for Economic Cooperation and Development (OECD) has sponsored a significant number of research studies focused on various aspects of innovation and innovation policy. A new OECD research paper takes stock of what we’ve learned about innovation, with the... [More]
Mark Marich
on March 02, 2009
Category:  Global 
A Sobering Look at American Competitiveness
America’s competitiveness challenges are not simply an outgrowth of the current economic crisis. Instead, they are the culmination of decades without a coherent national innovation strategy. That’s the primary message of a new Information Technology and Innovation Foundation (ITIF) report that benchmarks American innovation performance... [More]
Mark Marich
on March 02, 2009
Category:  Global  Immigration  Intellectual Property  Technology Transfer 
The State of Microcredit
The field of microcredit (or microfinance) has been around for several decades now, and has become a mainstream part of international and national development policies. It has also enjoyed increased awareness among the general population, thanks in part to the popularity of kiva.org--the world's first... [More]
Mark Marich
on March 02, 2009
Category:  Global 
Brookings’ Recommendations on American Competitiveness
What can be done to revitalize the American economy? A group of scholars affiliated with the Brookings Institution recently offered some insights on the important issue of American competitiveness. Their broad categories of recommendations are tough to quibble with: Investing in Infrastructure, Investing in People,... [More]
Mark Marich
on February 23, 2009
Category:  Global  Physical Infrastructure  Workforce 
New Global Challengers
One offshoot of globalization has been the emergence of world-class businesses in less developed economies. These firms are no longer “junior partners,” but major global players in their own right.The latest Boston Consulting Group analysis of “New Global Challengers” identifies 100 companies with the potential... [More]
Mark Marich
on February 23, 2009
Category:  Global 
A New Look at American Competitiveness
At a time of historic economic downturns, many American observers may console themselves that the American economy, despite its many challenges, still remains a global leader in entrepreneurship and innovation. After all, prestigious analysis like the World Economic Forum’s Global Competitiveness Report continue to rank... [More]
Mark Marich
on February 23, 2009
Category:  Global 
Big Ideas from "Green" Entrepreneurs?
The World Bank is looking for a few bright ideas from the next generation of "green" entrepreneurs. It is sponsoring an international essay contest for 18-25 year olds to share ideas for youth-led solutions to challenges posed by climate change. The challenge casts a... [More]
Mark Marich
on February 11, 2009
Category:  Global 
Global Innovation Index 2008-2009
INSEAD, Europe’s leading business school, has recently published the latest edition of its Global Innovation Index, which benchmarks the world’s most innovative economies. Given the seemingly unending stream of glum economic news, it’s nice to share some good news. The US still ranks as the... [More]
Mark Marich
on February 02, 2009
Category:  Global 
The Pathway to Prosperity
What can policymakers do to stimulate economic growth? The Monitor Group, a business consultancy, has recently released an interesting look at global patterns of entrepreneurship. The study, Paths to Prosperity: Promoting Entrepreneurship in the 21st Century, reports on the findings of the Monitor Entrepreneurship... [More]
Mark Marich
on February 02, 2009
Category:  General  Global 

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