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Local Entrepreneurs Lead to Long-term Growth

A pair of recently released reports by the Kauffman Foundation focus on efforts at the local level to create jobs and build long-term economic growth. When viewed alongside one another, the message to policymakers seems clear -- focus on nurturing local entrepreneurs over attracting out-of-state firms with financial incentives. 

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Mark Marich
on April 28, 2014
Category:  General 
Experimentation Needed for More Effective Policy

OECD Secretary-General Angel Gurría travelled to Washington, DC, this month to join World Bank President Dr. Jim Yong Kim in co-launching a publication on experimentation in policy design and implementation: Making Innovation Policy Work: Learning from Experimentation.

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Mark Marich
on April 28, 2014
Category:  Global 
This Week in Entrepreneurship Policy

After a two week recess, members of Congress are returning to Capitol Hill and there are a handful of hearings to note. The House Committee on Fnancial Services settles in with the second part of a hearing on "legislative proposals to enhance capital formation for small and emerging growth companies." Earlier this month, the committee reviewed seven proposed bills including the "Fostering Innovation Act" and the "Small Company Freedom to Grow Act." Topics covered by other committees include: simplifying state income taxes for mobile workers, SBA-created initiatives and regional strategies for long-term economic growth. 

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Mark Marich
on April 28, 2014
Category:  Capitol Hill 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Today we take a look at a handful of relevant stories compiled from the last week including how to build your local entrepreneurial ecosystem, interesting entrepreneurial developments on college campuses, a competitor to Google Fiber and whether aspiring entrepreneurs should pursue an MBA or an accelerator program. 

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Mark Marich
on April 28, 2014
Category:  General 
U.S. Entrepreneurial Activity Drops for Second Straight Year

'Necessity entrepreneurship' isn't a phenomenon that occurs only in emerging economies and countries reeling from natural disasters like the Philippines -- it happens here in the U.S. as well. And as the overall health of the economy improves, the number of individuals engaged in entrepreneurial activity as a way to 'make ends meet' continues to drop. This shift away from being self-employed contributed to a drop in business creation rates for a second straight year.

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Mark Marich
on April 21, 2014
Category:  General 
Necessity Entrepreneurs Not Enough for Philippines

Entrepreneurship evangelists often see their work in some parts of the world as a war on poverty. This week, President Barack Obama will visit Philippines’ President Benigno Aquino III as part of his Asian tour. While the Philippines is the second-best performing economy in Asia, growing at an average of 6 percent since 2012, poverty incidence affects more than 20 percent of its population. For President Aquino, now is the time to look beyond necessity-driven entrepreneurship and address his country’s challenges in helping high-growth firms start and scale.

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Jonathan Ortmans
on April 21, 2014
Category:  Global 
A Look Back at Innovation Daily

Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Today we take a look at a handful of relevant stories compiled from the last week including the rise of hackathons, entrepreneurship on campus, the inherent inequality of the digital economy and  Silicon Valley's dominant startup environment and why one well-known entrepreneur and investor avoids it. 

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Mark Marich
on April 21, 2014
Category:  General 
This Week in Entrepreneurship Policy

Members of Congress remain back in their home states as the second week of the Spring recess begins. They are scheduled to return to Washington on Monday, April 28. 

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Mark Marich
on April 21, 2014
Category:  Capitol Hill 
A Quick Guide to Smart Entrepreneurship Policymaking

The latest Entrepreneurship Policy Digest from Kauffman, The Dos and Don'ts of Local Entrepreneurship Promotion, now offers certain principles of a new, evidence-based, entrepreneur-centred approach visible at the state and local level to put entrepreneurs at the center.

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Mark Marich
on April 14, 2014
Category:  Capitol Hill 
Greeks and Italians Denounce Government Barriers

Although recovery is slowly spreading from Germany to other EU member countries, and all but two EU countries (Cyprus and Slovenia), are expected to avoid recession in 2014, economic growth estimates are weak. Jobless rate for the entire region are expected to remain near a record 12%.

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Mark Marich
on April 14, 2014
Category:  Global 

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