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Unless you completely unplugged over the holidays, you know that if Democratic and Republican lawmakers could not bridge their differences on how best to reduce the nation's budget deficit and debt, the Budget Control Act of 2011 mandated a combination of spending cuts and tax increases to take effect January 1, 2013. While Washington kicked the can down the road on budget cuts, the cliff was avoided – but what does the deal mean for American entrepreneurs?
If you are familiar with this blog, you know we often discuss the progress or obstacles in various entrepreneurship ecosystems. We have also discussed the paucity of data around the world to best inform decision makers keen to smooth the path for their aspiring entrepreneurs. Current thinking suggests that startup communities need to be led by entrepreneurs and today we take note of a new global survey of entrepreneurs. Released earlier this month, the Global Entrepreneurship Week Policy Survey, which was designed to shed light on key questions for policy discussions on high-growth entrepreneurship from the perspective of entrepreneurs themselves.
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.
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...
The Ewing Marion Kauffman Foundation announced on July 21st that it is partnering with the Lucile Packard Foundation for Children's Health in awarding a grant to create a Pediatric Medical Device Innovation fellowship team at the Stanford University School of Medicine. The fellowship team is...
With more women than men in the U.S. earning PhDs in the biological sciences and estimates that around 15 percent of the U.S. GNP over the next two decades will be comprised of life science activities, it is no surprise that women's entrepreneurship has attracted so much attention recently in both the developed and developing countries. And in many other countries, women's entrepreneurship is even more important as a separate track for cultural reasons.
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.
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 Washington Consensus. However, there are a few actors who understand the power of entrepreneurship and have been using it to improve lives. Diaspora entrepreneurs are using their experience and understanding about entrepreneurship to invest in new ventures in their country of origin. These transnational entrepreneurs view a globe of porous borders.
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?
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