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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.

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Jonathan Ortmans
on April 21, 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.

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Mark Marich
on April 07, 2014
Category:  Capitol Hill  Global 
Washington Wants to Reorganize to Serve Entrepreneurs
New legislation introduced this month in the Senate could turn what was anticipated to be a sleepy start on Capitol Hill for entrepreneurship advocates into a fresh look at how Washington, DC, helps entrepreneurs and new firms.
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Jonathan Ortmans
on January 13, 2014
Category:  Capitol Hill 
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.
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Jonathan Ortmans
on November 11, 2013
Category:  Global 
No Absolutes in the Affordable Care Act

Earlier this month, the U.S. Department of the Treasury delayed a key provision of Affordable Care Act (ACA)—the requirement that companies with more than 50 employees extend health insurance to their full-time staff. Then, the House of Representatives passed a bill extending the same relief to individuals, who under the law would start facing tax penalties if they go without health insurance next year. It prompted me to take a fresh look at progress overall.

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Jonathan Ortmans
on July 29, 2013
Category:  Health Care 
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.

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Jonathan Ortmans
on July 15, 2013
Category:  Global 
Washington Starts Standing Up to Patent Trolls

The White House is hoping to address the skyrocketing number of patent infringement lawsuits with a new series of executive actions and legislative priorities targeted at so-called ‘patent trolls.’ According to a new report by the President’s Council of Economic Advisors, National Economic Council and Office of Science & Technology Policy, the total number of patent cases has nearly doubled in the past seven years. More alarming is the fact that in that same amount of time, the number of suits filed by patent-trolls—companies that own patents for the sole purpose of litigating to receive license fees—has more than tripled to 62% of all cases.

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Mark Marich
on June 10, 2013
Category:  Intellectual Property  Capitol Hill 
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.

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Jonathan Ortmans
on December 17, 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.

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Jonathan Ortmans
on November 19, 2012
Category:  Global 
Round Three of i6 Challenge to Spur High-Growth Entrepreneurship

The White House is getting attention recently for its efforts at X Prize style competitions—which makes sense since its ‘assistant director for grand challenges’ is a former X-Prizer. One of the challenges at the heart of that approach is its i6 Challenge—a $6 million competition that “seeks to develop Proof of Concept Centers and create a network of experts to support innovators and researchers; spur sustainable startups, small businesses, and new ventures; expand access to capital to fuel growth; connect mentors and education to entrepreneurs; and spark job creation.”

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Mark Marich
on June 18, 2012

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