Events

Alan D. Solomont

Why entrepreneurship is flourishing in the United States

On 24 January 2011, the Rafael del Pino Foundation hosted the first Keynote Lecture of the year, delivered by Alan D. Solomont, entitled "Why entrepreneurship is flourishing in the United States".

Alan D. Solomont stated: "There are two factors that explain the success of entrepreneurship in the United States. The first is cultural. America loves entrepreneurs. My country recognises and rewards them more than any other country in the world. The second is what I call a political architecture, backed by the administration, of laws, relationships and regulation, including strong intellectual property protection, that encourages entrepreneurship and the development of entrepreneurial activity.

Alan D. Solomont argued that the US economy has not yet fully recovered: "We have not yet reached the level of economic activity necessary to bring down unemployment rates. But keep in mind that, as Lawrence Summers, former economic advisor to President Obama, has said, it was not automatic market stabilisation mechanisms that helped us out of the crisis. The decisive factor lies in the actions of the government and the leadership of President Obama and his team.

The Rafael del Pino Foundation is not responsible for the comments, opinions or statements made by the people who participate in its activities and which are expressed as a result of their inalienable right to freedom of expression and under their sole responsibility. The contents included in the summary of this conference are the result of the debates held at the meeting held for this purpose at the Foundation and are the responsibility of their authors.

The Rafael del Pino Foundation is not responsible for any comments, opinions or statements made by third parties. In this respect, the FRP is not obliged to monitor the views expressed by such third parties who participate in its activities and which are expressed as a result of their inalienable right to freedom of expression and under their own responsibility. The contents included in the summary of this conference are the result of the discussions that took place during the conference organised for this purpose at the Foundation and are the sole responsibility of its authors.