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November

Young Still Want to Be Entrepreneurs

Despite a difficult economic climate, many young Americans are still interested in entrepreneurial pursuits. A Harris Interactive® online poll, conducted on behalf of the Ewing Marion Kauffman Foundation, released in conjunction with the start of Global Entrepreneurship Week, reveals that 40 percent of youth ages eight to 24 would like to start a business at some future point, or already have done so. Additionally, young people are overwhelmingly optimistic about the possibility of owning their own business. Seventy-five percent of the eight- to 12-year-olds, 62 percent of the 13- to 17-year-olds and 62 percent of the 18- to 24-year-olds agree that they can successfully start their own businesses if they work hard.

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Posted by: Mark Marich
on November 22, 2010
Category:  Growth & Poverty 
2010 State New Economy Index To Be Released

For the past couple of years, the Kauffman Foundation’s Bob Litan has teamed up with Rob Atkinson of the Information Technology and Innovation Foundation in releasing the State New Economy Index during Global Entrepreneurship Week. The trend continues this year at the ITIF offices on Thursday.

Many jobs lost in the recession are never coming back and job creation is expected to be sluggish for years. This has created an imperative to develop new jobs, business models and industries. The states are on the front line of this effort and it is more important than ever for them to embrace innovation and the New Economy...

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Posted by: Mark Marich
on November 15, 2010
Category:  Growth & Poverty 
A Look Back at Innovation Daily Nov. 09-15

Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: The Crowdfunding Revolution (Innovation America)...

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Posted by: Mark Marich
on November 15, 2010
Category:  General 
Global Entrepreneurship Week Kicks off Around the World and Portugal’s New Age of Discovery

Throughout this week, when another 80 countries launch Global Entrepreneurship Week (GEW), there will be a significant number of events organized by GEW partners at universities, schools, companies, professional associations, technological centers and municipalities. Like last week’s events in Muslim countries, the activities will be diversified, ranging from thematic conferences to networking with investors and entrepreneurs, presentation of business plans, recreational events, sport events, cultural events, etc. There will be something for everyone and I encourage all to take advantage of these opportunities.

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Posted by: Jonathan Ortmans
on November 15, 2010
Category:  Global 
President Obama Visits Indonesia On Eve of Schramm Launch of GEW 2010

“In business, the only certain thing is failure. Especially when you operate in a place like Indonesia,” Sandiaga Uno said earlier this year during his visit to the U.S. for President Obama’s Summit on Entrepreneurship. After being laid off during the financial crisis in Asia in the late 90s, Uno decided to try entrepreneurship to pay off credit card debt and put food on his family’s table. He is now the renowned co-founder of Saratoga Capital, the first private equity firm in Indonesia focusing on natural resources that grew from four workers to about 15,000 employees.

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Posted by: Jonathan Ortmans
on November 15, 2010
Category:  Growth & Poverty  Global 
This Week in Entrepreneurship Policy (Nov. 15)

Congress will be in session this week – returning to the 18th lame duck session since 1935 – then will go back into recess for Thanksgiving week. In the meantime, several hearings in the House and Senate (below) may be of interest.

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Posted by: Mark Marich
on November 15, 2010
Category:  Capitol Hill 
A Look Back at Innovation Daily Nov. 02-08

Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: University of Arizona Takes Tech Transfer Private (Inside Tucson Business)...

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Posted by: Mark Marich
on November 08, 2010
Category:  General 
Angels’ Decreased Appetite for Seed and Start-up Investing

Historically, angels have been the most significant source of seed and start-up capital for entrepreneurs. Unfortunately, angels seems to have a much more cautious approach to investing lately. Angels’ seed and start-up stage investing declined to its lowest level in several years, according to the Angel Market Analysis for the first and second quarters of 2010 released by the Center for Venture Research at the University of New Hampshire. This trend could impact new ventures and job creation.

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Posted by: Mark Marich
on November 08, 2010
Category:  Growth & Poverty 
Global Entrepreneurship Lights Up Across the Globe

Since it was launched in 2008 by the Kauffman Foundation and Enterprise UK, more than 18,000 partner organizations joined the global movement to shape the next generation of entrepreneurs. In its still short life, GEW has established a solid and ongoing presence in more than 100 countries -- and counting. During the same time period, over 10 million people around the world have participated in GEW activities and 2010 promises to boost that total to tap even more human capital and breathe life into new startups.

While the majority of nations this year will start Global Entrepreneurship Week on November 15th, some countries are conducting their celebrations a week or more in advance due to an important Muslim holiday, Eid al-Adha, falling on November 16th.

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Posted by: Jonathan Ortmans
on November 08, 2010
Category:  Global  Growth & Poverty 
This Week in Entrepreneurship Policy (Nov. 8)

After an election night that predictably returned the Republicans to the majority in the House while Democrats hung on to a slim margin in the Senate, members will look to return to Washington for official business next week. Stay tuned for congressional hearings and other events related to innovation and entrepreneurship.

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Posted by: Mark Marich
on November 08, 2010
Category:  Capitol Hill 

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