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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 of 100 people are entrepreneurs – a very low rate given the country’s level of development. What challenges does Turkey need to address in order to unleash entrepreneurship as a force for economic growth?
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...
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, along with a growing number of public policies to support them-- a good recipe to put the economy on the entrepreneurial path.
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...
This morning, 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 Asia as a tool for economic and development policy and to fulfill the President’s commitment to broaden and deepen ties between the United States and Muslim communities around the world.
Having focused last month on efforts to further entrepreneurship abroad leading up to the global Presidential Summit on Entrepreneurship, this week I wanted to focus squarely on the United States ahead of next month's Global Entrepreneurship Week Partners Forum convened at the Kauffman Foundation in Kansas City. Who are some of the leading players in 2010 driving America's startup culture and how does Global Entrepreneurship Week each November enable them to combine voices in underscoring to the American people how entrepreneurs built America?
On Thursday, May 13 the House of Representatives voted to recommit the America COMPETES Reauthorization Act of 2010 on a 292-126 vote. In response, House Committee on Science and Technology Chairman Bart Gordon (D-TN) requested House leadership to pull the bill (H.R. 5116) from consideration....
Once again, entrepreneurial activity showed big in the United States. Last year was a tough year for entrepreneurs. We have experienced a deep recession, credit crunch and record unemployment rates. But although the odds were against them, new-business creation during the 2007-2009 recession years increased steadily year to year (e.g. 60,000 more starts per month in 2009 than in 2007) and 2009 became the year business startups reached their highest level in 14 years. The number of startups even exceeded the count during the peak of the 1999-2000 technology boom.
There has been a lot talk in the past year about job creation, entrepreneurship and economic recovery. Under the economic pressures, it became more important to than ever to examine closely how to unleash the entrepreneurial potential of various groups in society. We know for example that women are under-represented among business founders in high-tech and other high-growth fields despite their increasing participation in science and engineering. Fortunately, we are better prepared every day to inform policy. Today, I examine some of the most recent findings on the factors that affect the survival and growth of startups founded by women.
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...
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