Abstract:

This paper proposes the creation of the Indonesia Center for Entrepreneurial Excellence (ICEE), localized for both Indonesia's and the ASEAN region's current economic and sociopolitical environments. The ICEE, based on best practices from existing worldwide centers and previous models by Smilor et al.(2007), would deliver most or all of the following activity options year-round: custom training for Indonesian entrepreneurs taught by distinguished Indonesian and international faculty in a peer-learning and experiential environment, CEO roundtables and a lecture series, international entrepreneur matching programs, global venture capital networking and partnering efforts, an ASEAN Business Plan Competition, optional empirical research and scholarly activities such as an endowed distinguished lecture series, and international partnerships with highly-ranked business schools and universities overseas. This paper also covers proposed quantitative and qualitative success measures, as well as how the ICEE would generate jobs,
create wealth, and stimulate technological innovation to contribute economic vitality and community well-being in both Indonesia and the ASEAN region.