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Public Policy

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Syrian Quest for Freedom
Ortmans Jonathan
8/1/2011
Blog Resource
Summary:

As I read this morning’s news about Syrian security forces renewing attacks on the city of Hama, I become even more committed to finding stories of Syrians looking beyond the divides of politics, class and religion, who can help shape the fate of the country and its four-months-long revolt against President Bashar al-Assad.

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Helping the World's Future Entrepreneurs
Ortmans Jonathan
9/13/2011
Blog Resource
Summary:

Over time I have become increasingly confused as to the meaning of “youth entrepreneurship.” While the myth of entrepreneurs as “modern day Mozarts” in garages (to borrow Carl Schramm’s phrase) is slowly being dispelled, it seems our human instinct to avoid conversations about age is alive and well! The reason this matters now is because governments and non-governmental organizations around the globe appear to be ramping up investment in “youth enterprise.”

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Looking Past the Talk on International Aid
Ortmans Jonathan
9/26/2011
Blog Resource
Summary:

Late September is always a busy time in New York and Washington for world leaders. New York is crowded with heads of state and visionaries at the UN Assembly or the Clinton Global Initiative, and in Washington, DC, the World Bank Group and IMF Annual Meetings that took place this past weekend always spur an assortment of organizations with global economic development missions to gather their flocks. We all wonder what all these expensive ‘meetings of the minds’ are accomplishing. To share my own bias, it prompts me once a year to check in and see how much development bureaucrats are really seeing and listening to the entrepreneurs on the ground doing the work.

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Revisiting Sarbanes-Oxley
Ortmans Jonathan
9/19/2011
Blog Resource
Summary:

We have heard several entrepreneurship-based proposals recently to get our economy back on track, but one piece seemed to be missing this whole time in the debate: re-evaluating Sarbanes-Oxley for young firms. We have long known that the compliance costs associated with SOX—particularly section 404—have been discouraging many companies from going public, thereby blocking their access to capital and growth. Researchers have suggested that Congress address this issue in some way, and a measure to allow shareholders of companies with market cap below $1 billion to opt-in under SOX was one of the ideas floated in the Startup Act released mid-July. The measure is now gaining track in Congress.

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Learning from Startup Ecosystems
Ortmans Jonathan
10/3/2011
Blog Resource
Summary:

It is true that governments cannot be ignored by entrepreneurs—they set the rules and incentives. But it should not be surprising that vibrant entrepreneurs typically show, at best, nonchalance toward government. Most government agencies across the globe remain inefficient and cumbersome—especially when you compare even a well-funded government program to a collection of bootstrapping startups.

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Malaysia's Progress with Startups
Ortmans Jonathan
10/24/2011
Blog Resource
Summary:

Malaysia transformed itself from a producer of raw materials in the 1970s into an upper-middle income country with a multi-sector economy by the late 1990s. The 1997 crisis significantly challenged this technology-exporting country, but it has since successfully sparked two main sources of economic resilience—foreign investment and new firm creation. To my surprise, Malaysian entrepreneurs I spoke with recently gave a great deal of credit to, of all actors on the stage, their government. Did government really do something right?

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Saudi Spirit Serious About Startups
Ortmans Jonathan
10/17/2011
Blog Resource
Summary:

The Saudi Arabian Monetary Agency (SAMA) recently released data indicating that domestic credit to the private sector in Saudi Arabia recorded one of their highest growth rates since the global fiscal crisis. That the Gulf Kingdom’s twelve (12) commercial banks are easing credit curbs is good news for entrepreneurship promoters in the country and leaders in the Kingdom seem ready to provide the fuel to ignite a new wave of startups.

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Serbia's Faith in its Young Entrepreneurs
Ortmans Jonathan
10/10/2011
Blog Resource
Summary:

Like so many nations that have recently gone through major restructuring over the past 10 years, Serbia is looking to its young entrepreneurial minds to shape a new nation as it marches toward economic recovery. However, while Serbia has embarked upon several structural reforms—especially in the banking sector and in employment regulations—it has yet to successfully tackle corruption, bureaucracy and a weak judicial system. These are holding back its economic potential.

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The 'Global' in Global Entrepreneurship Week
Ortmans Jonathan
10/31/2011
Blog Resource
Summary:

In two weeks, Global Entrepreneurship Week kicks off with more than 40,000 events spread out over a seven day period in 123 countries. At competitions like Startup Open for the most promising new startups in 60 countries, to tournaments for cleantech ideas, at stadiums where entrepreneurship will meet music and sports, from heads of state to high school competitions, Global Entrepreneurship Week has become a movement for the next generation of startups and entrepreneurs inspired by the possibility of human endeavor for the benefit of all.

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Canada on the Rise
Ortmans Jonathan
11/28/2011
Blog Resource
Summary:

According to a recent index released by Forbes, many policy changes have made Canada the best country for business. The index evaluates countries on property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Canada jumped three spots from the 2010 survey, getting high marks for Personal Freedom (#1), Red Tape (#3), Investor Protection (#5) and Trade Freedom (#7). It also had a noticeable improvement in its tax ranking—thanks largely to a “Harmonized Sales Tax” and reduced corporate and employee tax rates. Is this resulting in a better climate for Startups?

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