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Today is another historic day for startups and our economies. It is the opening day of the fourth Global Entrepreneurship Week, the world’s largest celebration of the innovators who launch startups that bring ideas to life, drive economic growth, and expand human welfare. In three short years, Global Entrepreneurship Week has expanded to more than 120 countries and this week organizers are expecting nearly 11 million people to show up at over 40,000 planned events and activities.
Tomorrow, roughly 100 million Americans will cast their vote for one of two men who have stressed the importance of entrepreneurs and of course, small business to the country—and claimed to be the best candidate to empower them. Meanwhile, one week from today, policymakers, researchers and millions of nascent entrepreneurs in 130 countries will be taking matters into their own hands through a collection of 40,000 events, activities and competitions during Global Entrepreneurship Week.
I am happy to report that in its third year, Global Entrepreneurship Week grew by leaps and bounds. As more countries take advantage of this global movement, more minds are pursuing their entrepreneurial dreams. GEW has not just inspired students looking for a way to reach their goals, but the leaders of nations who were inspired in their efforts to boost growth by the sheer energy of the millions of participants in GEW activities during the past two weeks. In case you haven’t been following, here are a couple of anecdotes from this year’s Week, and the reaction it produced among some of the world’s leaders.
Last week’s Global Entrepreneurship Congress (GEC) in Dubai was a historic gathering not only because -- under the patronage of Sheik Nahayan Mabarak Al Nahayan of the UAE -- it brought together entrepreneurship leaders from nearly 100 nations, but because it heralded a new era...
Every year, reports from the World Bank, the OECD and numerous private sector researchers tell us that nations are improving their regulatory environment in terms of reducing the complexity and cost of regulatory processes for starting a business. However, comprehensive reforms to stimulate startup creation are still relatively hard to find. Will the ever-intensifying global race to build strong startup ecosystems from the bottom-up change this?
While the Baltic countries are small compared to their EU partners, they are said to have an outsized role in generating new start-ups, particularly through their big ideas in the tech sector. Today, we look at Lithuania, which has been campaigning aggressively through Global Entrepreneurship Week in the Baltics and has rapidly been gaining a place on the entrepreneurial map.
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.
Guatemala’s economic history has been defined by corruption, instability and broad social inequality. In that context, Rigoberta Menchu received the 1992 Nobel Peace Prize for her work in promoting indigenous rights in the country. There are now other unnoticed social changers: entrepreneurs who see hope in technology as a tool to overcome social divides, as one local entrepreneur told the New York Times.
At the Global Entrepreneurial Summit (GES) in Dubai last week, it was clear to me that there is a new level of engagement in developing more entrepreneurial economies at the highest levels of government in the Middle East and North Africa (MENA) region. The summit, a collaboration between the U.A.E. Prime Minister’s office and the Obama Administration, was an effort to leverage U.S. strengths in high growth entrepreneurship. Now that the summit is over, we take a look at the challenges before policymakers in the region in making the path easier for even more nascent entrepreneurs to succeed in the future.
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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