Jonathan Ortmans

Building One Global Entrepreneurial Ecosystem

Month: July 2013

No Absolutes in the Affordable Care Act

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Earlier this month, the U.S. Department of the Treasury delayed a key provision of Affordable Care Act (ACA)—the requirement that companies with more than 50 employees extend health insurance to their full-time staff. Then, the House of Representatives passed a bill extending the same relief to individuals, who under the law would start facing tax penalties if they go without health insurance next year. It prompted me to take a fresh look at progress overall.

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Starting Up the Startup Act

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It has been two years this week since the Kauffman Foundation took extensive research and data analysis around new firm formation, crafted a single document, and labeled it “The Startup Act.” Renaming the conversation that PDE had started earlier around how policymakers can make it easier for startups to emerge, create jobs and grow, was very effective in getting policymakers in Washington to take a look at entrepreneurship through the lens of helping new and young firms. But how far has America come in getting something done on their behalf?

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Malaysia in the Limelight

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Pressing ahead with its plan to build an entrepreneurial economy, Malaysia’s Ministry of Finance will host the fourth Global Entrepreneurship Summit (GES) on October 11-12, 2013. With the expected participation of U.S. President Barack Obama and other heads of state, the summit in Kuala Lumpur is set to be a milestone for Malaysia’s quest to become an entrepreneurship hub. I met with the planners in Kuala Lumpur recently to discuss progress.

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Spain’s Patient Prince

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Unemployment rates in Spain are one of the highest in the developed world, hovering around 25% this year. Worse, for those under the age of 25 the joblessness rate is more than double (57%). On a recent visit to Barcelona, I met a Prince doing something about it.

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Revisiting the American Story

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The free flow of skilled human capital was identified as a top priority at an Asia Pacific Economic Cooperation (APEC) senior officials innovation meeting I led in Medan, Indonesia, this past weekend. The approval therefore by the U.S. Senate last Thursday of its version of immigration reform legislation was met with keen interest. Why is this legislation so important for the United States?

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