Google+
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.

Experts from US, Italy, and Egypt in a panel discussion.

According to the Korean delegation, Professors Zong Tae Bae (professor of KAIST University), Ki-Chan Kim (professor at Catholic University), and Former Minister of Small and Medium Business Administration for the Republic of Korea Young-Sup Joo, humane entrepreneurship and a creative economy will be the cornerstone of the next generation of entrepreneurship.  Humane entrepreneurship (HE) is the melding of both the Human Cycle and the Business Cycle. The need for equity, empowerment, and enabling of the human while also creating an entrepreneurial environment which includes innovation, risk taking, and being proactive. Both require commitment to the employee and innovation for business success. However, regardless of where they were from, the people in the room believed the most valuable element for business development was the devotion to the employee. In addition, Korea is already focusing on SME development through a creative economy. Former SME Minister Young-Sup Joo illustrated how they are nurturing SMEs to develop their creative economy through high quality jobs and admired companies to name a few, but he went on to say that it will take global cooperation and inter-governmental efforts to reach the utmost success.

 

Dr. Roberto Parente, Professor at Salerno University

While the Korean delegation focused on the human and enterprise cycles, the Italian representatives believe that lawmakers must take this analysis one step further as presented by Dr. Roberto Parente (professor from Salerno University). While we nurture the employee, while we support innovation and business profits, we must also make a commitment both inside the company and outside the company. Policies should support the people, the business and the ecosystem. As an employee is committed to the business, the business makes a commitment to their environment. Then, the bionetwork will help society and nurture the business which will then compensate the employee. They believe this circle of give-and-take will lead to a prosperous global economy. In summation, the company should manage inside and outside the organization—profit, people, and planet.

 

Dr. Luca Iandoli, Immediate Past President of ICSB

Whether it was discussing industrial automation, trade-offs and benefits of different small business policy, women and entrepreneurship or even entrepreneurial coursework all of this dialogue was a product of the 8th annual George Washington University Entrepreneurship Conference. The annual entrepreneurship conference continued the current worldwide conversation between the public and private sectors as well as academia regarding the need for not only a robust global economy, but one that treats employees with dignity and respect.

 

The conference also highlighted the Giffoni Film Festival, which is a case study for humane entrepreneurship through the arts and humanities involving the youth of the world. A film festival, ranked number one by social networking standards, has touched more than 500,000 children over nearly five decades illustrating the importance of creating a business model that brings wealth to a community and also educates our young minds. Giffoni brings children from over fifty countries together and teaches them to look beyond their differences and accept each other. Other individuals recognized on behalf of their work for the small business community included Former Minister of Small and Medium Business Administration for the Republic of Korea Young-Sup Joo, who was instrumental in the formalization of UN MSME Name Day, and Professor George Solomon, a life-long academic professional specializing in entrepreneurship and small business management.

At the end of every conference, there should always be a take-away or the “what’s next?” The Republic of Korea has their opinions on how to advance the global economy, the Italians have their viewpoint on what to do to keep our world vibrant, now, all of us need to make sure this information is getting into the right hands. We want to continue the conversation about the importance of humane entrepreneurship, but we also want to highlight the need for guiding principles for Micro-, Small and Medium-sized enterprises worldwide. As we have said before, a unified front, a global strategy, a worldwide effort will ensure that all countries are prepared for the Industrial Revolution 4.0.

However, it is going to take the support of many nations to ensure the correct course of action is taken.  A concerted effort will enable the world to fulfill the growing global workforce, the 600 million jobs gap that will be created in the next fifteen years according to the World Bank. Today, ICSB calls on the United Nations General Assembly to not only recognize MSMEs on their Name Day, but also, help nations work together to build the global policy framework necessary for sound small business development worldwide.

 

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.

Year-end President Message and 30 of our Best Pictures

Year-end President Message and 30 of our Best Pictures

Dear ICSB fellow members,

The year that is about to end has been a tremendous time for ICSB. I wish to highlight and share with you some of the most important moments that have made 2016 a terrific year for our association.

If I had to summarize in one sentence what ICSB has tried to accomplish in 2016, I would say that ICSB has worked really hard to sustain the ambition to contribute to sustainable economic growth through fair, responsible, and at the same time, high-impact and high-growth entrepreneurship.

In this last decade or so, we have witnessed deep, unpredictable, and radical transformations in the economy, technology, and in politics. In many cases these changes unfolded through dramatic events followed by tragic consequences and widespread turmoil.

As a result many people are scared and try to find comfort in turning their back to change, novelty, and diversity and in thinking that we could and should go back to the recipes that worked well in the good old days.

Unfortunately this is just an illusion: systems (and people) change all the time under the pressure of accumulated tensions and powerful external forces until a break up point is achieved.

To start with, we need to understand these tensions before the rupture takes place, then we need to do our best to try to govern change in the desired direction. As in the Apple “think Different” commercial, we can like change, we can hate it, we can vilify or glorify it, but the only thing we can’t do is to ignore it. Because a system that is pressured to change ultimately will.

Fear does not help either. Fear makes us blind to understanding the cause of change, pushes us to search for inadequate of plainly wrong solutions, and above all prevents us from recognizing learning and opportunity that come with change.

I am passionate about Ancient Roman history and literature and I have recently read “The metamorphoses” by the Roman poet Ovidius. It’s a poem about change, about the beauty and the pain of transformation. In the poem there are two types of changes. The changes that are mandated by the Gods upon human beings, usually as punishments, and the changes that are self-determined by free will and intention. Whichever the case, change happens no matter what, and it is always about the revelation and the pursuit of truth. It is also about an economy of form, as Italo Calvino noted: the new form actually contains part of the old one because the seeds of change were already there. The Ancient Greek tragedian Aeschilus wrote:

“He who learns must suffer. And even in our sleep pain that cannot forget falls drop by drop upon the hearth, and in our own despair, against our will, comes wisdom to us by the awful grace of God”

But I hope and I wish us all that there must other ways to learn to spare the pain and govern change along a desired path of evolution.

Entrepreneurs are the agents of change. Most of the time they must adapt to the changes that the world imposes to them, but sometimes they change the world, and the best of them do so by learning and by opportunity.

In my opinion, the biggest challenge that our society is in need for is the quest for economic development based on social justice. Or we could just reverse this: the quest for social justice based on economic development. These two objectives are often considered as hard to reconcile and political and economic agenda has always been either on one side or on the other. If there is a lesson we can learn from what has been happening in the recent years is that this opposition does not hold true anymore; the reality is that economic growth must and can get along with human development. And it can do so through entrepreneurship. This is why ICSB is strongly committed towards the development of Sustainable Growth through initiatives such as the Humane Entrepreneurship project.

And here are some of things we did in this direction throughout the last year:

On April 7th in Seoul (South Korea), under the leadership of ICSB past president Ki-Chan Kim, the ICSB declaration on Human entrepreneurship is presented and signed by more than 200 policy makers, businessmen, and academic experts. This declaration will become the basis for the ICSB ministerial round table at the United Nations on June on Entrepreneurship and Sustainable growth, in conjunction with the 61th Global ICSB conference. In the same days an incredibly successful second edition of the ICSB academy takes place involving 141 students and a global faculty of 22 top experts. In September it’s the turn of the Asian Council for Small business conference, an event attended by 1000 delegates that gave an incredible momentum to ICSB activities in Asia, including the creation of two new chapters (Bangladesh and Myanmar). Similarly, the red Pymes conference in Argentina helped ICSB to consolidate its presence in South American, through the launch of a stronger Brazilian affiliate and the request of creations of new chapters in Uruguay and Colombia.

At the same time the conference was instrumental for the organization of the 2017 global conference in Buenos Aires. Not coincidentally it is Argentina the country that has stepped up to present a motion to the UN assembly for the institution of a UN SME day. I gratefully acknowledge the support of the Argentinean Government, thanks to the initiative led by SMEs Minister Mariano Meyer, as well as of the other countries that are considering to offer their support to the motion such as Egypt, Finland, Indonesia, Malaysia, and United States. I wish to acknowledge the participation of Mrs. Contreras Sweet, SBA Administrator, to our ICSB-GW October conference and of Dr. Sarah Nasr, Egypt Minister of International Cooperation, to the Egypt Entrepreneurship Summit. In both occasion we received ample attention and support to our UN initiative.

Finally I want to acknowledge the hard and high profile work of our International Office, and specifically of our executive director Ayman El Tarabishy, in pursuing and ensuring the necessary actions and support for what will end up to be a historical achievement: the creation of a UN SMEs day. I also have the honor and above all the pleasure to work with an exceptional team of colleagues serving in the ICSB board in various positions. Our board does not only host high profile members, but also incredibly committed individuals and exceptional team workers.

My best wishes for a great new year: may everybody learn without suffering.

Dr. Luca Iandoli

Dr. Luca Iandoli

President of ICSB (2016-17)

A Message from the ICSB International Office

Dear Colleagues,

On behalf of the ICSB International Office (IO), we’d like to extend our best wishes for a prosperous 2017! Thank you for your enduring support and partnership in our never ending pursuit to promote the growth and development of small businesses worldwide.

2016 was memorable year for us, especially at the IO, as we played a central role in helping the organization grow. The highlight of the year was the ICSB 2016 World Conference in partnership with the United Nations.

Starting in January 2016, with the annual USASBE Conference in San Diego, CA USA, our Board of Directors convened for the mid-year Board meeting and participated in other conference activities such as the ICSB Korea-USASBE research matching program, the ICSB Presidential Awards and a JSBM special issue which shares the theme of the conference- ‘Entrepreneurship everywhere.’

In February, the IO was present at the Kauffman Foundation State of Entrepreneurship address in Washington DC, and assisted in the distribution of the updated questionnaire for the white book on humane entrepreneurship. March brought us back to San Diego for the California Entrepreneurship Educators Conference (CEEC). An important development, was the engagement of Ambassador Oh Joon, and the Permanent Mission of Korea to the United Nations. Through the work of President KiChan Kim, and the many outstanding partners, Ambassador Oh Joon visited the The George Washington University as part of a lecture series.

Moving into April the ICSB 2016 World Conference was on the front of everyone’s agenda. The IO was fully committed to managing the event, and we worked extremely hard to ensure all the logistics were in place. President Kim welcomed ICSB members to Korea for an affiliate conference between April 3-8, to gain additional support, and where world leaders and CEOs committed to the Seoul Declaration of Humane Entrepreneurship. ICSB demonstrated its role in advocating for SME development worldwide.

In May, we confirmed officially the partnership of the United Nations for ICSB 2016. This was a tremendous achievement for the organization. For the past twenty years, officers and members have worked to engage with the UN at a higher level. ICSB was truly on it’s way to having a seat with the global players. Between May 11-13, in Leeds, United Kingdom, our European affiliates ECSB hosted their annual 3E Conference, and a week later, ICSB members travelled to Ontario, Canada for the 2016 CCSBE Conference at the University of Guelph.

At the 61st annual ICSB World Conference the week of June 13, 2016, ICSB convened a Small and medium-sized enterprise (SME) Ministerial Roundtable at the United Nations Headquarters. Seven distinguished ministers were in attendance from the United States, South Korea, Egypt, Indonesia, Kuwait, New Zealand, and Argentina. Under the theme of “The Role of Small and Medium-sized Enterprises (SMEs) in achieving the Sustainable Development Goals (SDGs),” ICSB brought global attention to the importance of SMEs in our global economy. In addition to working with the UN, ICSB enjoys close relationships with the OECD, the World Bank Group, and other major international stakeholders. The new ICSB Indonesia affiliate was officially confirmed by the Board of Directors.

The IO, alongside Stevens Institute of Technology, served as the host and managed conference and pre-conference events over 6 days, and 700 participants from over 40 different countries. The second cohort of the ICSB Academy, embedded in the ICSB World Conference, continued to blossom with nearly 150 students in attendance. Dr. Luca Iandoli, President of ICSB in 2016-17, has played a key role in developing this program and the modules within the curriculum.

Also in June, the Journal of Small Business Management (JSBM), which is housed in the ICSB International Office, received an increase in the 2-year and 5-year impact factors. The Journal, which is circulated in 60 countries around the world, is a leader in the field of small business research. JSBM receives over 750 manuscript submissions each year for double-blind peer review and the new impact factor is 1.937 (2-year), 2.868 (5-year). This places JSBM 65 out of 192 journals in Management and #8 in Entrepreneurship and Innovation. JSBM has an Editorial Board comprised of leading international scholars and educators. In 2015, 4,257 institutions purchased access to the latest content in JSBM via either a Wiley License or a traditional (title-by-title) subscription. At the end of 2015, 1,358 individuals were registered to receive automatic alerts when new content appears on Wiley Online Library.

In July, a team from ICSMEE Malaysia led by Mr. Mew Sang Yap opened Myanmar’s doors by visiting Myanmar-ICSB proponents on July 12th-17th, 2016. Mr. Mew and his team had their expectations far surpassed and a new ICSB Myanmar chapter was formed for Board approval.

The 29th Annual SEAANZ Conference was held in Melbourne, Australia, on 10-12 August 2016. This highly successful Conference focused on the elements of the entrepreneurial ecosystem and the businesses that should be supported in the ecosystem.

September 2016 saw a focus on Latin America, with the XXI Annual Meeting of Red SMEs Mercosur in Tandil, Buenos Aires, Argentina. The program was very well attended and featured parallel sessions, keynotes sessions and social activities, similar to what the ICSB 2017 World Conference will bring to the city in June 2017.

ICSB Mexico hosted its 2nd international conference between October 12-14, 2016, in Pachuca, Hidalgo, Mexico. It was a very successful event, in any respect, thanks to the organizing team of Francisco Velez, Blanca Garcia Hernandez and others. Alex DeNoble, delivered the opening keynote to an audience of several hundred people as a representative of the ICSB Board, who are very optimistic about the future prospects for ICSB Mexico and in Central America.

Over 150 participants from 17 different countries attended the 7th GW October Annual Entrepreneurship Conference in Washington DC on October 13-14, 2016. Together with the World Bank, the event Live stream hosted over 4,500 visitors. Distinguished participants in attendance included The Honorable Maria Contreras-Sweet (Administrator of the US Small Business Administration (SBA)), Ms. Anabel González (Senior Director, Trade & Competitiveness, World Bank Group), Dr. Luca Iandoli (President of the International Council for Small Business) and more. USASBE hosted the 7th cohort of the Certificate in Social Entrepreneurship in DC, with strong interest.

ICSB travelled to Jakarta, Indonesia at end of October for the 4th ACSB Asian SME Conference. The focus of the discussion was around issues in an economic context—factor-, efficiency-, and innovation-driven—and featuring relevant panelists from various Asian countries to share their insightful thoughts. Dr. Iandoli delivered a keynote address and was featured on Indonesian television.

In November, two ICSB affiliate signature events took place in Europe and the Middle East. The RENT conference hosted by our European Affiliate ECSB was held in Antwerp, Belgium (November 16-18) and the Egypt Entrepreneurship Summit hosted by our Middle East Affiliate MCSBE was held in El Gouna, Egypt (November 16-19). Congratulations to ECSB, our European Affiliate, who is celebrating its 30th anniversary at the RENT conference- definitely one of the best international entrepreneurship research conferences.

The Egypt Entrepreneurship Summit in El Gouna was a tremendous success as well. We were honored by the participation of the Egyptian Minister for International Cooperation, Her Excellency Dr. Sahar Nasr, and the organization of ICSB’s affiliate in the Middle East, MCSBE. At the end of November, ICSB participated in the World Bank Youth Summit in Washington DC.

On December 1, 2016, Dr. Winslow Sargeant, former Chief Counsel to President Obama on Small Business Administration and current ICSB Senior Vice President for Development, joined HRH Prince Constantijn of the Netherlands/StartupDelta Envoy at Slush in Helsinki, Finland to discuss what governments can do to enable the ideal growing environment for startups. By December, also ICSB also welcomed two new chapters approved by the Board – ICSS Myanmar and ICSB Bangladesh.

We look forward to working with all our partners in the coming year to continue along our journey in an ever-changing global landscape. The importance of small businesses and entrepreneurship worldwide cannot be forgotten.

2017 is shaping to be a very busy year with work carrying over from 2016 and exciting new frontiers and opportunities being presented.

We added 30 of the best pictures of 2016. There were many more but we wanted to share the ones we took as a showcase. We hope you enjoy them and best wishes!

Upward and onward.

Warmest Wishes,

The ICSB International Office

 

Slush 2016 Recap: Dr. Winslow Sargeant and HRH Prince Constantijn of the Netherlands/StartupDelta Envoy featured on the Black Stage

Slush 2016 Recap: Dr. Winslow Sargeant and HRH Prince Constantijn of the Netherlands/StartupDelta Envoy featured on the Black Stage

On December 1, 2016, Dr. Winslow Sargeant, former Chief Counsel to President Obama on Small Business Administration and current ICSB Senior Vice President for Development, joined HRH Prince Constantijn of the Netherlands/StartupDelta Envoy at Slush in Helsinki, Finland to discuss what governments can do to enable the ideal growing environment for startups.

Moderator Guy Levin, who leads Uber’s European Public Policy team, posed important questions such as; What kind of collaboration between government and startups we will see in the future?

This year, over 2,300 startups, 1,100 venture capitalists, and 600 journalists from over 120 countries attended Slush to drive business, and to experience the phenomenal atmosphere.

Photo Gallery: 2016 Egypt Entrepreneurship Summit

Photo Gallery: 2016 Egypt Entrepreneurship Summit

The Egypt Entrepreneurship Summit 2016 was a three day event, with parallel sessions, keynote speakers and a unique social program. Participants discussed what is happening in Egypt’s Entrepreneurship Ecosystem, and the event was featured on an Egyptian National News broadcast. Great work by @EgyptGEW @Tatweer_Misr and other stakeholders.

The photo gallery below includes images posted to social media. Thanks to @EgyptGEW, @elbeihw, @NahdetMahrousa, @Tatweer_Misr, @Dr_Samar_Baqer, @SherineCairo

ICSB Board of Directors – Call for Nominations (FY 2017-18)

ICSB Board of Directors – Call for Nominations (FY 2017-18)

Greetings from the ICSB Immediate Past President, Dr. KiChan Kim.

One of my roles as the Immediate Past-President is the chairing of the Nominating Committee for the next slate of officers. We have made the nominating process as transparent as possible and below you will find an online form to submit your nomination.

The current ICSB Board of Directors are:

Voting members
*President – Luca Iandoli (Europe)
*President-Elect – Robert Lai (ROC-Taiwan)
*Immediate Past-President – Ki-Chan Kim (Korea)
*Senior Vice-President, Finance & Control – Geralyn Franklin (USA)
*Senior Vice-President, Development – Winslow Sargeant (USA)
Affiliate Representative – Ted Zoller (USASBE)
Affiliate Representative – Lu Feicheng (ICSB China-Mainland)
Affiliate Representative – Juan Federico (ICSB Argentina)
Affiliate Representative – Ahmed Osman (MCSBE)
Affiliate Representative – Hermawan Kartajaya (ACSB/ICSB Indonesia)
Wilford White Fellows and Past-President Representative – Brian Gibson (Australia)
*Indicates an elected position.

Non-voting members
Vice-President (VP), Historian – J. Hanns Pichler (Europe)
Vice President (VP), Mohammad M. Al-Zuhair (Kuwait)
Vice President (VP), Jeffrey Alves (USA)
Vice President (VP), Silke Tegtmeier (Europe)
Vice President (VP), Anthony Mendes (USA)
Vice President (VP), Alex DeNoble (USA)
Vice President (VP), Olli Vuola (Europe)
Vice President (VP), Amr Abouelazm (Egypt)

In this year’s election, nominations will be accepted for the position of President-Elect.

The position of President-Elect is a one (1) year term, followed by subsequent one (1) year terms as President and then Immediate Past-President. The positions of SVP for Finance and Control and SVP for Development carry two (2) year terms and were  included on the ballot last year.

Please remember that all nominations will be vetted by the ICSB Nominating Committee before appearing on the ballot, so it’s very important for all candidates to submit the (1) current bio and (2) statement of purpose to complete their nomination package.

We welcome all nominees who will be fully committed to the work involved in being a Board Member and will contribute positively towards achieving the goals of the organization.

The deadline to submit a nomination is January 18, 2017.

ICSB Call for Nominations FY2018-19

  • I. Nominee Information

    Enter required information about the person you are nominating (the nominee). Each nominee must be a member in good standing of ICSB and must have agreed to serve, if elected.
    President-elect: 1-yr term, followed by subsequent 1-yr terms as President and Immediate Past-President. SVP for Finance and Control and SVP for Development carry two (2) year terms.
  • II. Nominator Information

    Enter required information about yourself.
  • III. Supporting Documentation (Required to Complete Nomination)

    Please inform the nominee to send to the ICSB International Office (IO) the following supporting documentation. The files can be uploaded here or sent to the ICSB IO via email (info@icsb.org) or fax (001-202-994-4930). The nominee must be a member in good standing of ICSB and must have agreed to serve, if elected.
  • (1) a one page biography setting out their recent and relevant experience and qualifications that qualifies them for acting in that position on the Board
  • (2) a one page explanation of why they want to serve and what they can bring to the ICSB through assuming that position on the Board.
JSBM Article Featured in Yahoo! Finance

JSBM Article Featured in Yahoo! Finance

Article: The Role of Political Intelligence in Firms? Export Decisions During the Euro Crisis
by Andrew Barron, Peter Hulten, and Vladimir Vanyushyn
Journal: Journal of Small Business Management
Link to article: http://dx.doi.org/10.1111/jsbm.12238

On October 18, 2016, The Role of Political Intelligence in Firms? Export Decisions During the Euro Crisis was mentioned in an article titled ‘Here’s Why Goldman Paid Clinton a Bundle for That Speech.’
> http://finance.yahoo.com/news/goldman-sachs-really-paid-hillary-091500143.html

Text from the article:
“Here’s a real-world application of this: a paper from three European professors that looked at 400 British, French and Swedish firms in the wake of the Eurozone crisis in 2012. Firms that had significant economic ties inside the Eurozone were heavily engaged in monitoring the geopolitical situation and sought to diversify their systems. At one level this sounds completely intuitive: A problem inside the Eurozone necessitates the need to diversify. At another level it shows the value of political information, enough that companies thirsting for that information will pay hundreds of thousands of dollars just to get a taste.”

About the authors:

  • Andrew Barron is Associate Professor in the Department of Marketing/International Business at University of Toulouse/Toulouse Business School.
  • Peter Hulten is Associate Professor in the Department of Marketing at the Umeå School of Business and Economics.
  • Vladimir Vanyushyn is Associate Professor in the Department of Marketing at the Umeå School of Business and Economics.

Address correspondence to: Andrew Barron, University of Toulouse, Toulouse Business School, 20 Boulevard Lascrosses, Toulouse, France 31068. E-mail: a.barron@tbs-education.fr.