Welcome to ‘The Startup State’ - a weekly bulletin from the GEN Policy and Research team highlighting key entrepreneurship news, reports, commentary and features from around the world.
This is an off-schedule bulletin following Thanksgiving. The Startup State will return as scheduled this Friday!
GEN Atlas insights
The GEN Atlas is the world’s largest entrepreneurship policy compendium, featuring over 350 case studies from 70 countries. This week, our GEN Atlas deep dive examines the entrepreneurship policies that have unscored the Netherland’s entrepreneurial ecosystem. Read the deep dive
News
- Germany has approved a package of key reforms covering employee share ownership, listings of companies, and taxation to help startups (CNBC)
- Nigeria has launched the Startup Support and Engagement Portal startup.gov.ng to identify and aggregate startups, venture capital companies, hubs and innovation centres across Nigeria (Bosun Tijani)
- In the run-up to Small Business Saturday, the United States Biden Harris Administration has announced a series of small business support steps, including a historic $50bn of capital to small businesses this year through the Small Business Administration (White House)
- The Philippines Department of Trade and Industry has announced a target to grow the country’s startup ecosystem from $3.5bn to $10bn by 2028 as part of the Philippines Startup Week (Philstar)
- Nepal’s Department of Industry has announced Rs1.25 bn ($10m) to encourage and fund innovative startups (myRepublica)
- Japan’s Financial Services Agency will ease restrictions on banks investing in companies more than 10 years old, making it easier for startups operating in industries that take longer to develop commercial products to gain access to capital (NikkeiAsia)
- The United Kingdom has announced a raft of measures to reform R&D tax credits, launch quantum strategy missions, incentivize pension funds to invest in scaleups, extend investor tax breaks, improve the attractiveness of UK listings, reform university commercialization policies, unlock further Open Banking potential, and more. Read the Autumn Statement. Read an X (Twitter) summary thread
Publications & analysis
- New frontier or the latest buzzword? Evidence and best practice in entrepreneurship ecosystem development
This International Labour Organization report maps out and analyzes the global landscape of entrepreneurial ecosystems approaches implemented by different actors in the ‘Global South’. - Inclusive Growth Index
This UNCTAD index measures not only traditional economic metrics like GDP but also indicators of living conditions, equality, and environmental sustainability. In 2023, it has been expanded to cover 129 countries representing 93% of the world’s population and 96% of global GDP. - Why we need to study street-level political entrepreneurs
This academic paper by Nissim Cohen (University of Haifa), Gwen Arnold (University of California), and Evangelia Petridou (Mid Sweden University) sheds light on the conditions under which entrepreneurial policy action is possible among 'street-level bureaucrats'. - Framework for mapping and quantifying government support for business innovation
This OECD framework aims to support the collection of comprehensive and internationally comparable quantitative and qualitative information on governmental innovation support programs and instruments. - 2024 EU elections startup manifesto
This Allied for Startups manifesto calls on EU political leaders to make startups and scaleups a focal point of the 2024 EU elections. - Independent review of university spin-out companies
This UK government-commissioned review proposes recommendations to help improve the creation and growth of university spin-out companies. Read a short summary on TNW
Comment
- Examining the Refugee Microenterprise Development Program, its successes, and opportunities for further impact (Claire Holba, immigration policy fellow, Niskanen Center)
- Why has Kuwait’s startup ecosystem fallen behind? (Nesma Abdel Azim, writer, Wamda)
- French deeptechs are losing out on Nato’s €1bn VC fund (Daphne Leprince-Ringuet, reporter, Sifted)
- From crowdsourcing to gamification: Devising next-generation innovation strategies in government (Michael Mascioni, contributor, Global Government Forum)
- Local retailers are counting on consumer largesse on Small Business Saturday 2023 (Pamela Danziger, senior contributor, Forbes)
- AI funding booms, everything else swoons. A look at the <U.S.> state of entrepreneurship in 2023 (Sarah Lych, staff reporter, Inc)
Features
To suggest content for inclusion in future editions of 'The Startup State', please email matt@genglobal.org.
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