It is an important week for entrepreneurship around the world, especially here in China where we recently wrapped up the Kauffman Foundation-led Global Entrepreneurship Congress, bringing together impressive leaders in the field from over 100 nations. In addition to launching and recognizing more than 100 national campaigns to promote entrepreneurship through this year’s Global Entrepreneurship Week (scheduled for November 14-20), we have witnessed this week entrepreneurship as a burgeoning phenomenon from Chile to China.
On Tuesday I could only be impressed when I looked out over the podium at a Chinese convention center full of more than 1,000 angel investors, educators, entrepreneurs and public officials. While I am always curious as to how one seeds organic, disruptive, entrepreneurial behavior in such a disciplined, top down society as China, I witnessed a sincere effort in my meetings these past few days with Chinese entrepreneurship policy champions to expand freedoms to start new businesses. The Minister of Science & Technology and Vice-chairman of the CPPCC National Committee Wan Gang, Vice Chairman of National People’s Congress Yan Junqi, and our keynote speaker Liu Yandong, who is Member of Standing Committee of Political Bureau all openly encouraged entrepreneurial activity and launched western-style interventions to support startups. We also heard from Chinese entrepreneurs and angel investors, who are well aware of the importance of entrepreneurship to China’s future, including an impressive panel discussion that included Carl Schramm from the Kauffman Foundation, Li Kaifu, the founder of Innovation Works, and Qiwei Chen, the founder and president of the Asia Business Group and Sequoia Capital China.
To read the full, original article click on this link: Chinas Spotlight on the Global Entrepreneurship Renaissance - Entrepreneurship.org
Author: Jonathan Ortmans
