Feature Service Article

How do Institutions Facilitate Entrepreneurship?

Hernando de Soto, This Feature Service article is based on an interview at the CIPE offices in Washington, DC on February 11, 2013. Read more…

Building Entrepreneurship Ecosystems

Anna Nadgrodkiewicz, Article at a glance Entrepreneurship is at the very core of vibrant market economies and democracies that deliver opportunity to their citizens. By strengthening economic pluralism entrepreneurship provides a strong context for healthy political competition and checks on government power. While globalized economy creates new, unprecedented opportunities for entrepreneurs worldwide, challenges persist especially for large numbers of developing country entrepreneurs stuck in the informal sector. Helping citizens move from necessity to opportunity entrepreneurship is key to democratic development. Building entrepreneurship ecosystems requires attention to multiple and interconnected elements, with a particular focus on locally driven policy reforms. Private sector, through business associations and chambers of commerce, can provide invaluable input into the design of such reforms as well as their implementation. Read more…

Looking Toward the Future: The Business Case for Corporate Governance

John D. Sullivan, Anna Nadgrodkiewicz, This piece was originally published as a chapter in Essays on Governance: 36 Critical Essays to Drive Shareholder Value and Business Growth, by Andrew J. Sherman (Advantage, 2012). Article at a glance In today’s global economy, corporate governance is becoming increasingly recognized as a key factor affecting businesses’ success in emerging markets. In order to strengthen private sector governance, countries and companies should also focus on broader reforms of the judicial systems, property rights, freedom of information, and other institutions key to market economies and democratic governance. An effective corporate governance framework supports a foundation for sustained growth and a stable and vibrant global economy in the future. Read more…

Fostering Entrepreneurship through Cooperation

Robin Sitoula, Since its inception in 2006, Samriddhi, The Prosperity Foundation (www.samriddhi.org) has focused on fostering entrepreneurship as a way of realizing Nepal’s prosperity. Read more…

KnowHow Mentorship: Building Organizational Capacity One Association At A Time

Maiko Nakagaki, Article at a glance CIPE’s virtual mentorship initiative, KnowHow, links business associations in developing countries seeking technical assistance with individual volunteers who have expertise. KnowHow helps local organizations become more effective participants in their country’s economy and governance process. Although each has a different specific project, KnowHow mentees have a common goal of improving their associations in order to better serve their members and become independent voices in their business communities. Read more…

Corruption Youth Essay Winners

Riska Mirzalina, Ruth Nyambura, These two articles were the second and third place winners in the Corruption category of CIPE's 2011 Youth Essay Contest. The Cost of Corruptions: A Tale from Indonesia by Riska Mirzalina Article at a glance: While Indonesia is a land of abundant resources, corruption prevents the country as a whole from benefiting from them. The change from a centralized government to a decentralized government has not had the desired affect and has actually provided more opportunities and alternate paths for people to participate in corruption. Entrepreneurs, businesses, and associations must unify in their effort against corruption and bribery. The cost of not doing so is increased poverty, human suffering, and underdevelopment.   Generation Now by Ruth Nyambura Article at a glance: A large percentage of Kenya’s GDP is used to repay foreign aid. Much of the foreign aid is lost or misappropriated due to corruption. “Kitu kidogo” is a Kiswahili euphemism for a bribe. Bribes are pervasive in all facets of Kenyan life. As a result many entrepreneurs are choosing to leave the country, which has a negative effect on Kenyan society as a whole. The new generation will bear the brunt of corruption. Therefore the youth should refuse any form of corrupt practices including cronyism, nepotism and tribalism. By utilizing technology and adopting social media platforms the youth can fight corruption. Read more…

Embrace Global Entrepreneurial Governance with a Strategic Sounding Board

Andrew Sherman, Article at a glance A reliable set of advisors is crucial when a leader plans to expand the business globally. Leadership teams sometimes must work in untraditional ways to develop a deep level of understanding and trust. Disagreement can be productive and can lead to strong management decisions. Read more…

Equipping Pakistani Business Associations for Effective Advocacy: Challenges and Lessons Learned

Moin Fudda, Hammad Siddiqui, Article at a glance Years of political upheaval and the lack of freedom of association in Pakistan has left business associations and chambers of commerce unable to influence economic policy decisions. CIPE worked with chambers of commerce and business associations in order to strengthen their ability to advocate on behalf of private sector priorities. Although work remains, this program has made a positive increase in the capacity of non-executive staff members and women’s chambers, and in policy reform efforts. Read more…

Green Growth: A Market-based Opportunity

Anna Nadgrodkiewicz, Article at a glance While a global agreement on how to advance green growth is not imminent, individual countries and companies recognize the benefits of making the economy more sustainable. Although economic growth and environmental protection are often perceived to be at odds, there are potential synergies between market approaches and environmental goals provided that a consensus on green growth is built through open public-private dialogue. Many firms in industrialized countries and emerging markets alike are already taking advantage of the win-win opportunities of green growth. Read more…

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