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Today I am headed to Kuala Lumpur, Malaysia, for a government-convened gathering of entrepreneurs and their supporters focused on advancing entrepreneurship in Muslim-majority countries. Although U.S. President Barack Obama had to cancel at the last minute due to the federal government shutdown, Secretary of State John Kerry is representing the U.S. Government and it promises to be no less of an important week for policy wonks, entrepreneurs and program leads keen on knowledge creation.
While the number of programs aimed at encouraging more entrepreneurship has increased rapidly, research has not kept pace. A new effort announced last Friday by U.S. Secretary of State John Kerry aims to help fill that void. The Global Entrepreneurship Research Network (GERN) was founded by the Kauffman Foundation, World Bank and Endeavor Insight to standardize data and work to gain a better understanding of policy barriers and what the right policies are for fostering entrepreneurship.
Following last week’s comments on the Global Entrepreneurship Research Network, I offer a second and final post on matters arising from the government-convened entrepreneurship summit in Kuala Lumpur. The roundtable discussion among “startup policy” experts on October 12 signaled a new chapter in knowledge creation around how governments can better enable their startup communities.
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?
In the midst of angst about Argentina’s political environment for businesses, Buenos Aires has made a strong commitment to review policies and programs with a vision of unleashing a new wave of entrepreneurs that will put the city back in the top places to start and grow a startup. During this year’s Global Entrepreneurship Week, the City Government will be presenting the Buenos Aires City Entrepreneurship's Master Plan.
I ended Global Entrepreneurship Week 2013 last week in Moscow just in time to see a GEW-themed bus driving around different universities, schools and gatherings while testing young peoples’ entrepreneurial skills and engaging them in the world of founding businesses. Skeptics in the international community might want to take a closer look at what cities can do – even in environments where there are persistent national barriers to new firm formation.
Early in his Administration, President Enrique Peña Nieto embarked on a serious mission to fuel entrepreneurial growth by challenging Mexico to better tap into its people’s creativity and boost productivity. On January 11, 2013—less than two months after he took office—he signed a decree that created the National Institute for Entrepreneurs (INADEM). Few governments have institutionalized their commitment to building an entrepreneurship ecosystem as highly as Mexico, which now has a decentralized administrative office of the Secretariat of Economy dedicated to entrepreneurs.
In my final post of 2013, I summarize my top of mind developments in the world’s entrepreneurship data chest. Next year will herald a new era in evidence-based programming and policymaking as practitioners and policymakers alike—now committed to new firm formation—demand better data and analysis around what entrepreneurship promotion efforts are working and what is hype.
I know few of you plan to comb through entrepreneurship data and analysis over the holidays but the following summary might be helpful to all of us as we embark upon a renewed effort in 2014 to fill the gaps in what we can tell those who are eager to help founders start and scale new firms. This list is by no means comprehensive but rather what was most visible to me as a global observer and commentator. Please let me know what I missed.
December is here already, but some policymakers in the U.S. are not ready to end the year with entrepreneurship-enabling legislation on the back burner. Taking an “across-all-industries” approach, the Start-up Jobs and Innovation Act introduced last month in the Senate aims to stimulate investment in research-intensive startups.
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?
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