Concerted International Small Business Policy: Unified Agenda Needed for a Sustainable Global Economy

Concerted International Small Business Policy: Unified Agenda Needed for a Sustainable Global Economy

Last week, world experts gathered in Washington DC at the George Washington University for the 8th Annual Global Entrepreneurship Research and Policy Conference to engage in a much-needed dialogue centered around global entrepreneurship. This group of experts composed of leaders from the United States, Korea, Canada, Italy, China, Argentina, Egypt, and the United Nations were united in their support for Micro-, Small-, and Medium Enterprises (MSMEs).  As the Organisation for Economic Co-operation and Development (OECD) stated in their recent scorecard for SMEs, there is solid evidence for the need to improve SME policy making. We must advance the workforce not only in America, but in nations across the world to create jobs for Industrial Revolution 4.0—careers that can survive recent and continuing technological advances. One unified message that transcended borders on campus last week was the need for humane entrepreneurship and the desire for a global guide for prosperous MSME development.

Dr. El Tarabishy is the Executive Director of ICSB and a Teaching Professor of Management at the George Washington University’s School of Business.

Dr. Sargeant is the Senior Vice-President of Development and Advocacy with ICSB and previously served as Chief Counsel for Advocacy at the U.S. Small Business Administration.

The International Council for Small Business (ICSB) is a non-profit organization devoted to continuing management education for entrepreneurs and small business. The ICSB is a co-author of the resolution for United Nations MSME Day.

This article was originally published by the ICSB and all rights belong to their respective owner. The original copy can be found here.

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