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Given the momentum gained in 2010 to get policymakers thinking about entrepreneurship, it is reasonable to expect that America’s commitment to entrepreneurship will grow, especially once we see that commitment translated into concrete policy action. Of course, the hope is that those policy actions will be the right ones—inspiring confidence, building up decision-making around risk-taking and investing, spurring new enterprises built on innovative products and services, and along with it, job creation. With that sense of optimism, comes the vision of a global economy finally starting to shake free from a global crisis.
Turkey offers quite a sophisticated platform for entrepreneurs. It has a diversified industrial base, a relatively stable political and economic environment, a critical mass of willing early adopters, a considerable talent pool, a strong domestic market and underserved neighboring markets. Yet, currently only 6 out of 100 people are entrepreneurs – a very low rate given the country’s level of development. What challenges does Turkey need to address in order to unleash entrepreneurship as a force for economic growth?
It is an important week for entrepreneurship in the Middle East. Here in Dubai, two important global summits will be convened by His Excellency, Sheikh Nahayan Mabarak Al Nahayan, United Arab Emirates Minister of Higher Education and Scientific Research, and Carl Schramm, President of the...
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.
During the “Presidential Summit on Entrepreneurship” hosted by President Barack Obama in Washington, DC, in April 2010, it became clear that the seeds of entrepreneurship as an economic development policy and diplomatic tool had been planted. Today, I send in a quick report from the Second Global Summit on Entrepreneurship in Istanbul which has brought together approximately 1200 successful entrepreneurs and leaders from Turkey and across the world for idea sharing under the general theme of “Entrepreneurship, Values and Development: A Global Agenda”. Turkey’s Prime Minister Recep Tayyip Erdoğan hosted the event and US Vice President Joe Biden spoke yesterday.
In a hearing last week, the House Committee on Science and Technology’s Research and Science Education Subcommittee examined current research findings, best practices, and the role of federal agencies in increasing the interest of girls in science, technology, engineering, and mathematics (STEM) in primary and...
In his State of the Union Address next week, President Obama will shift gears back to job creation after his inauguration speech focused on wider themes. As the debate about how the government can help the economy regain its pre-recession strength enters a new phase, the Kauffman Foundation’s annual “State of Entrepreneurship Address” last week in Washington, DC, focused on how financial constraints have been blocking the success of new and young firms that create most of the net new jobs.
From an outsider perspective, Belgium has a very diverse economy with dozens of influences coming together at its prime location in the heart of the EU. Being the home to several major European universities, and a mix of service-based economy in the north and industrial-based in the south, Belgium has a diverse market structure that keeps it competitive and one of the highest income per capita economies in the world. However, when it comes to entrepreneurship, Belgium is not thriving.
Last Friday, the Global Entrepreneurship Congress adjourned in Rio de Janeiro, ending a week of intense sessions that engaged over two thousand people from 130 countries in discussions around building stronger entrepreneurship ecosystems back home. While the Congress included Global Entrepreneurship Week host country delegations, investors and entrepreneurs, it opened last Monday with a new session for policymakers and researchers. The experiment was a success and ended with a commitment by organizers to make government policy a mainstay of the annual Congress in the future.
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