WASHINGTON, D.C. - Public policy towards small business varies dramatically around the globe, yet the results of similar policies are consistent across economies. These findings are at the heart of Global Perspectives on Entrepreneurship Policy, issued today by the Office of Advocacy.

Releasing the report during a lecture at Cornell University, Advocacy Chief Economist Chad Moutray said, “Countries around the global are discovering how important small business is for their growth and long-term economic health. Their policies toward entrepreneurship differ, but the results of similar policies are consistent. Low taxes, low barriers to entry, and light regulation lead to economic growth and job creation.”

The report compiles the proceedings of the Global Perspectives on Entrepreneurship Policy conference session of the International Council for Small Business annual meeting, held in June. The conference was co-sponsored by the National Federation of Independent Business Research Foundation and the United States Association for Small Business Entrepreneurship.

Scholars from across the world addressed the conference on such topics as regulations as an impediment to entry in developing countries, the role of economic freedom and GDP, comparisons of the effects of banking deregulation on small business lending, and the policy implications of an aging workforce in developed countries.

The Office of Advocacy, the “small business watchdog” of the government, examines the role and status of small business in the economy and independently represents the views of small business to federal agencies, Congress, and the President. It is the source for small business statistics presented in user-friendly formats and it funds research into small business issues.

For more information and a complete copy of the report, visit the Office of Advocacy website at www.sba.gov/advo.

The Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. The presidentially appointed Chief Counsel for Advocacy advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. For more information, visit www.sba.gov/advo