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.
The Global Entrepreneurship Week movement has been at the epicenter of an explosion of interest in entrepreneurship around the globe. In recent years, we have witnessed a progression from raising awareness to exploring ways to support entrepreneurs, and finally to thinking about entrepreneurship ecosystems.
Jonathan Ortmans, President of Global Entrepreneurship Week, is one of the leading thinkers who has turned to considering the crucial policy supports for entrepreneurship. He observes a new trend toward — and a need for — pushing policy reforms from the top down and responding to initiatives from the grass roots upward.
In his new CIPE Feature Service piece, “Policymakers and Grassroots Networks Find They Need Each Other for Smarter Ecosystems,” Ortmans shares a bit about policy conversations at the Global Entrepreneurship Congress and the interaction that is occurring between entrepreneurship leaders, grassroots networks, and governments. This is a trend to watch and encourage and I look forward with CIPE to engaging in this dialogue with all sectors.
This article is excerpted from the upcoming CIPE report on “Creating the Environment for Entrepreneurial Success” to be published in Fall 2013. CIPE is an official partner of Global Entrepreneurship Week.
Kim Bettcher is Senior Knowledge Manager at CIPE.