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The Policy Dialogue on Entrepreneurship Informs and connects thought leaders looking to understand policies that help entrepreneurs start companies, create jobs and strengthen the economy. Sign up to receive our weekly update!
With nearly all net job growth in our country coming from companies less than five years old, Congress has debated this year what the role of government should be in developing programs and interventions that support entrepreneurship. While the World Bank’s Doing Business project reported a record number of new pro-entrepreneurship legal and regulatory reforms around the world in 2009, governments and multi-national institutions continue to be tempted to develop entrepreneurship development programs.
The Chilean economy has been recognized as the most competitive of
Latin America. In general, Chile has been characterized by political and
economic stability and relatively low levels of corruption and offers one of
the most advanced physical infrastructure systems in the region. The potential
and proven track record of this economy has led to Chile’s recent
accession to the OECD as its 31st member and its first member in South
America. Not surprisingly, Chile is often a case study in economic development.
The question is whether its model will show the power of entrepreneurship as an
engine for prosperity?
In this era of sophisticated public policy around enabling high-growth entrepreneurship, governments should be mindful to not forget the basics. A survey conducted last November in Honduras found that gang violence was forcing the closure of 1600 companies across the country. This is a good reminder that supporting startups to scale up in this part of the world must include deep institutional reforms to strengthen the rule of law and the judicial system.
With unemployment rates near nine percent, politicians of both parties continue to discuss ways to spur economic growth and job creation. Lost in much of this debate is the role of education. Indeed, some economists have suggested that structural (as well as cyclical) issues are preventing the unemployment rate from falling.
When you talk to anyone in government this week, one word is on everyone’s mind: “shutdown.” The federal government is already setting up contingency plans on what it will do if the Congress cannot agree on a new continuing resolution by March 4.
Last Monday, I pointed out the latest issue of Democracy: A Journal of Ideas that featured ways government can promote firm formation and growth.
This week, the authors take center stage at the National Press Club for a panel discussion on "From the Ground Up: A Progressive Agenda for Fostering Entrepreneurship." The symposium covers a broad range of priorities. From promoting minority business ownership and enacting smart immigration reform to teaching entrepreneurship in our schools and encouraging innovation clusters, progressives can unite behind an agenda that promotes entrepreneurs.
Members of the House are back in their home districts for a Constituent Work Week and will return after the Independence Day holiday. On the Senate side, a light week is highlighted by a Finance Committee hearing on simplifying the tax code.
Twenty-three entrepreneurs spent four months immersed in an intensive, hands-on program designed to catalyze the creation of high-growth companies to generate thousands of jobs with dramatic economic benefits in the education sector. Selected from more than 1,000 applicants, these entrepreneurs and their sixteen business concepts represent some of the very best education startups today.
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