Exporting American Entrepreneurship

Description:

There are strong national research enterprises outside the US, but many foreign countries lack the commercialization ecosystem that successfully moves products from lab to market domestically. We propose an initiative to establish entrepreneurial education programs, similar to the National Science Foundation’s Innovation Corps, in certain foreign countries. Country selection would be based on factors including research capacity, US relations, opportunities for diplomacy, and capacity to support startups. The US would provide countries with grants, technical expertise, entrepreneur-in-residence experiences in the US, and shared curriculum. This program would promote global economic development and would offer a platform for US entities to identify promising investment opportunities.