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As we close out 2011, I did not want to forget to applaud the welcome attention this year brought to maximizing the entrepreneurial potential of women. A recent report, Overcoming the Gender Gap: Women Entrepreneurs as Economic Drivers, showed that despite the fact that about 46 percent of the workforce and more than 50 percent of college students are female, they represent only about 35 percent of startup business owners and tend to experience less growth and prosperity compared to firms started by men.
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?
The Senate Committee on Small Business and Entrepreneurship introduced this week a legislation to reauthorize the Small Business Administration’s (SBA) Small Business Innovation Research (SBIR) program along with the Small Business Technology Transfer program (STTR), which were scheduled to expire at the end of July...
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?
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?
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.
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.
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.
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