Here at the Global Entrepreneurship Congress in Moscow, everyone is sold on the importance of creating entrepreneurial ecosystems. There is no shortage of ideas for doing this, and the quest has risen to the level of public policy. As Jonathan Ortmans has noted, governments are now interacting with grassroots networks that are driving bottom-up ecosystem building.
Entrepreneurship advocates should pay close attention to the sphere of public-private dialogue (PPD) as a powerful means for cracking the ecosystem code in each community. Public-private dialogue is a space for discovering policy solutions that are targeted, mutually agreed, and sustainable.
Long established as a tool for regulatory reform and market development around the world, PPD has the potential to uncover policy solutions for entrepreneurship, whether it’s policy for financing, taxes, innovation, education, or any other aspect of the enabling environment.