The field of entrepreneurship policy has expanded rapidly in the past few years and policymakers are now considerably more sophisticated in understanding how to better enable firms to form and scale.
One recent example occurred at a meeting of foreign ambassadors to the United States at the opening of Global Entrepreneurship Week in Washington, DC. I heard one ambassador after another eloquently outline their nation’s strategy for entrepreneurship – many without notes. Five years ago, that would not have happened. Entrepreneurship policy was not high enough on national agendas that a country's principal diplomat to Washington was articulate on the details of their national strategy -- if one even existed -- to foster entrepreneurial growth.
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