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Colombia is the fifth-largest economy in Latin America in terms of GDP. The country boasts one of the best coffees in the world, rich natural resources, abundant gold and emerald production, and a relatively educated populace. And despite its international reputation for drug cartels and violence, the latest Doing Business 2011 ranking suggests things could be improving. Colombia is ranked number 39 among 183 countries in terms of the ease of doing business.
February promises to be a busy month in Washington for entrepreneurship policy. Next Tuesday February 8th will see Kauffman’s annual State of Entrepreneurship Address delivered by Carl Schramm followed by Capitol Hill briefings and a host of interesting activity on job creation. Today, I post from an event at the White House where President Obama has just announced a “StartUP America Partnership,” a new initiative aimed at fostering successful innovative, high growth businesses in the U.S. It marks a commitment of the current administration to a national entrepreneurship-based strategy to stimulate economic growth and the creation of quality jobs.
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.
This past Friday I was surrounded by entrepreneurship education leaders from all sectors the Future of Entrepreneurship Education Summit, a gathering held at the University of Central Florida where actors of our entrepreneurship ecosystem met alongside established entrepreneurship educators to discuss current trends and ideas to nourish the entrepreneurship mindset.
In 2009, the Irish economy underwent one of the deepest recessions in the EU, with its economy shrinking by as much as 10%. Late in 2010, Ireland received an €85bn financial rescue package. Clearly, the winner of Ireland´s general elections held on Sunday (according to polls so far Fine Gael leader Enda Kenny) will have a lot on his shoulders. However, if the past is any indication, Ireland has the potential to resurge economically.
We are a week away from another historic global entrepreneurship event - this time in Shanghai, China, for the annual gathering of global leaders in the entrepreneurial movement led by the Kauffman Foundation.
It is an important week for entrepreneurship around the world, especially here in China where we recently wrapped up the Kauffman Foundation-led Global Entrepreneurship Congress, bringing together impressive leaders in the field from over 100 nations. In addition to launching and recognizing more than 100 national campaigns to promote entrepreneurship through this year’s Global Entrepreneurship Week (scheduled for November 14-20), we have witnessed this week entrepreneurship as a burgeoning phenomenon from Chile to China.
Israel is one of the most innovative nations on earth. Israelis (approximately 7.6 million in number) are well-educated, have a global outlook, ties around the world, and most importantly, a positive view of entrepreneurship. Most Israeli entrepreneurs understand ways of moving innovations into the marketplace and how to establish themselves as global companies from the get go. It is only natural that there is so much interest around the world in Israel’s entrepreneurship path.
I hope that like me, you have had the chance to witness the burgeoning phenomenon of entrepreneurship curriculum in American higher education. More and more, students have the opportunity to explore entrepreneurship on campus. In the process of creating entrepreneurship programs, universities have become more entrepreneurial themselves. This is great news. Colleges and universities are natural incubators of creativity and new ways of looking at things. And this new reality might mean that colleges and universities are better preparing students for success in the American economy where more professionals need to make their own jobs.
One hundred years of banked future hydrocarbon revenues, massive investments in higher education and a common legal framework based on western law all offer this small nation—the size of Connecticut—tremendous potential to be a hub for startups in the GCC. I find it curious therefore that at Qatar’s famous “Doha Forum” I participated in today, entrepreneurship and startups were not on the agenda.
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