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The U.S. government is working to grow the “ecosystem” for entrepreneurship abroad as a part of its international development efforts. In this audio lecture, Richard Boly, a member of the U.S. Foreign Service, discusses how he managed a program of the U.S. embassy to promote entrepreneurship in Italy, in particular. Speaking at a conference convened by the Hoover Institute at Stanford and sponsored by the Stanford Center for Social Innovation, he details how he worked to improve the landscape for commercial research, expand access to venture capital, assure the protection of intellectual property, and identify and promote entrepreneurial role models. He also outlines his policy recommendations for the sustainability and replicability of such an international development project.
Richard C. Boly was a national security affairs fellow for 2008-2009 at the Hoover Institution, representing the U.S. Department of State. Boly is a career member of the United States Foreign Service. He was an economic officer at the U.S. Embassy in Rome from 2004-2008 and worked in the office of European Union affairs at the State Department from 2002-2004. His other overseas tours include the Dominican Republic, Ecuador, and Paraguay. Boly is the most junior diplomat to win the Cobb Award for commercial diplomacy. Prior to joining the Foreign Service, he was the first Presidential Management Fellow with the Inter-American Foundation, was a consultant with the Inter-American Development Bank, and founded and ran a shrimp hatchery in coastal Ecuador. He is a graduate of Stanford University and the Graduate School of International Relations and Pacific Studies at the University of California, San Diego.