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Jonathan Ortmans

A Start Up Act At Last

It is time to implement new methods to shake our economy out of this lingering spell of slow growth (a disappointing 2% rate) and high unemployment (hovering around 9%). And while the large federal budget deficit does not leave much room for implementing more traditional economic remedies, the Kauffman Foundation—at a press conference this morning here at the National Press Club in Washington, DC—suggested it is time for legislation. Startup legislation.

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Posted by: Jonathan Ortmans

on July 21, 2011

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Egypt's Young Entrepreneurs

Last June, the United Nations Development Program released its Human Development Report for Egypt, which noted that 90 percent of the country’s unemployed, estimated to be 8 million, were younger than 30. Not surprisingly, time and again at post-revolution gatherings of political leaders and civil sector organizations set on creating a clear roadmap for the country’s political and economic development, youth entrepreneurship emerges as a key recommendation.

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Posted by: Jonathan Ortmans

on July 11, 2011

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Patent Reform Passes: Who Won?

Last week, a patent reform bill, the America Invents Act (H.R. 1249), passed the House of Representatives. On March 8, the Senate passed a similar patent bill (S. 23) by a broad margin. There is no doubt our patent system is broken with backlogs and litigation, but the bill’s net effect on innovative entrepreneurship is still unclear.

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Posted by: Jonathan Ortmans

on June 27, 2011

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Boosting Britain's Entrepreneurial Talent

According to The Times CEO Summit here in London, Britain is mid-table in the world growth league, but committed to a new rigorous economic agenda. Now that the painful job of drastic budget cuts is underway and an often angry public has aired its grievances, Prime Minister David Cameron appears to be intently focused on new firm formation, the know-how economy, the next digital revolution and private input into “innovating down” health costs. He is determined to protect his AAA Standard & Poors evaluation and keep his economy from heading in the direction of others like Greece.

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Posted by: Jonathan Ortmans

on June 21, 2011

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Empowering Women Entrepreneurs

With more women than men in the U.S. earning PhDs in the biological sciences and estimates that around 15 percent of the U.S. GNP over the next two decades will be comprised of life science activities, it is no surprise that women's entrepreneurship has attracted so much attention recently in both the developed and developing countries. And in many other countries, women's entrepreneurship is even more important as a separate track for cultural reasons.

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Posted by: Jonathan Ortmans

on June 13, 2011

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What a Difference a Statistic Can Make

Economic historians looking back at this period will be hard pressed to avoid commenting on the influence of at least one data point: from 1980–2005, firms less than five years old accounted for all net job growth in the United States. The notion that what policymakers should focus on is “young” firms not just “small” firms has awakened Democrats and Republicans alike and provided a new strategy for all Americans seeking to create jobs and restore what many Americans perceive as lost US economic competitiveness.

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Posted by: Jonathan Ortmans

on June 06, 2011

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About Taxes and Entrepreneurship

America’s fiscal health remains currently at the heart of most economic policy chatter. We are living in tight fiscal times. Congress has been focusing on reaching agreements on reducing spending and budget battles are expected to wage on throughout much of this year. Since balancing the budget is inseparable from tax policy, we take a quick look this week at how taxes shape incentives for entrepreneurs.

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Posted by: Jonathan Ortmans

on May 23, 2011

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Category:  Growth & Poverty 

APEC Needs to Recommit to Startups by November

This week, I was invited to join the annual Asia-Pacific Economic Cooperation (APEC) Trade Ministerial in Big Sky, Montana. This regional bloc meeting remains one of the most important venues for discussing global economic policy. It is also one that has paid attention to the role of entrepreneurs in achieving its goals of trade and cooperation for growth.

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Posted by: Jonathan Ortmans

on May 16, 2011

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Category:  Growth & Poverty 

Kickstarting Startups in Qatar

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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Posted by: Jonathan Ortmans

on May 10, 2011

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Category:  Growth & Poverty 

Entrepreneurship on Campus

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.

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Posted by: Jonathan Ortmans

on May 02, 2011

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Category:  Growth & Poverty 

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