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Peace Through Entrepreneurship: Investing in a Startup Culture for Security and Development

Institute for Business in the Global Context

Wednesday, October 12, 2016 from 12:30 PM to 2:00 PM (EDT)

Peace Through Entrepreneurship: Investing in a Startup...

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“Peace Through Entrepreneurship:

Investing in a Startup Culture for Security and Development”


with Steven Koltai

CEME Senior Fellow & Author, "Peace Through Entrepreneurship"

Steven Koltai

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 Wednesday, October 12th, 2016

Mugar 200

The Fletcher School
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Registration is required; committed sign-ups only please.

 For more information, contact Dan Popko (daniel.popko@tufts.edu)

 

 

Joblessness is the root cause of the global unrest threatening American security. Fostering entrepreneurship is the remedy.

 

The combined weight of American diplomacy and military power cannot end unrest and extremism in the Middle East and other troubled regions of the world, Steven Koltai argues. Could an alternative approach work? Koltai says yes: by investing in entrepreneurship, and reaping the benefits of the jobs created through entrepreneurial startups. From 9/11 and the Arab Spring to the self-proclaimed Islamic caliphate, instability and terror breed where young men cannot find jobs. Koltai marshals evidence to show that joblessness — not religious or cultural conflict — is the root cause of the unrest that vexes American foreign policy and threatens international security.

 

Drawing on Koltai’s stint as Senior Adviser for Entrepreneurship in Secretary Hillary Clinton’s State Department, and his thirty-year career as a successful entrepreneur and business executive, World Peace through Entrepreneurship argues for the significant elevation of entrepreneurship in the service of foreign policy. This entrepreneurship is not rural microfinance or mercantile trading. It is the scalable stuff of Silicon Valley and Sam Walton, generating the vast majority of new jobs in economies large and small. Peace through Entrepreneurship offers a nonmilitary, long-term solution at a time of disillusionment with Washington’s “big development” approach to unstable and underdeveloped parts of the world — and when the new normal is fear of terrorist attacks against Western targets, beheadings in Syria, and jihad. Extremism will not be resolved by a war on terror. The answer, Koltai shows, is stimulating economic opportunities for the virtually limitless supply of desperate, unemployed young men and women leading lives of endless economic frustration. Those opportunities will come through entrepreneurship.

 

BACKGROUND

Steven Koltai
CEME Senior Fellow & Author, "Peace Through Entrepreneurship"

Steven Koltai is a business executive/entrepreneur and foreign policy expert with a focus on international entrepreneurship development.  As the State Department’s first Senior Advisor for Entrepreneurship, he created and ran the Global Entrepreneurship Program under Secretary of State Hillary Clinton (2009-2011),  Currently, he has his own consulting firm, Koltai & Company LLC, working in the same field (http://koltai.co).  He is a repeat successful entrepreneur having co-founded the Luxembourg-based SES (Paris/Frankfurt SES), today the largest commercial satellite system in the world (52 satellites, 6200 channels of audio, video and data and a market capitalization of $15billion).  Steven also has a 30+ year business career including stints on Wall Street working in international project finance (Salomon Bros), management consulting (McKinsey & Co), and as an entertainment industry exec spending a decade as head of corporate strategy and development at Warner Bros.

Steven has a BA in history magna cum laude from Tufts University, a License in European Economics as a Fulbright Scholar from the University Libre de Bruxelles, and an MA in international economics from the Fletcher School of Law & Diplomacy, also at Tufts.  Steven was a Fellow at the Council On Foreign Relations, and is currently Guest Scholar at the Brookings Institution where he has authored Peace through Entrepreneurship: Investing in a Startup Culture for Security and Development, to be published by the Brookings Institution Press, Summer/Fall, 2016.  Steven as also at Fellow at the New America Foundation and Senior Advisor to New America’s Bretton Woods II project.  He is an active angel investor and board member on both for-profit and not-for-profit boards.  He was born in Budapest, raised in Los Angeles and Kansas City, and resides in Washington DC and Lincolnville, Maine.


Have questions about Peace Through Entrepreneurship: Investing in a Startup Culture for Security and Development? Contact Institute for Business in the Global Context

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