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October

New World Bank Data on New Business Creation

While the global financial crisis impacted almost all new entrepreneurs, it began in developed countries and hit their entrepreneurs harder. As a result, in richer countries, new business creation dropped sharply amid the crisis. In contrast, new business registrations in many low-income countries didn't change much. These are the findings in The 2010 World Bank Group Entrepreneurship Snapshots, which presents data collected about newly registered companies in 112 countries and was released recently.

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Jonathan Ortmans
on October 14, 2010
Category:  Growth & Poverty  Global 
A Look Back at Innovation Daily (Oct. 05-11)

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: 20 US Cities That Have Totally Missed the Economic Recovery (Business Insider)...

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Mark Marich
on October 11, 2010
Category:  General 
Message to the Incoming Class: It’s All About the Startups

The past few months have brought a new series of reports dissecting the job creation phenomenon by new firms, timely at a time when so much of the economic discussion lately in the U.S. has focused on strategies to recover the roughly 8 million jobs lost during this past recession. We already knew that research has firmly established that new firms—those no more than five years old—over the past three decades have been responsible for virtually all of the net new jobs created in the U.S. economy (see 2009 reports “Jobs Created from Business Startups in the United States,” and “Where Will The Jobs Come From?”).  As the nation debates this leading up to the mid-term elections in the United States, let’s further examine U.S. job growth and its relationship to startup companies.

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Jonathan Ortmans
on October 11, 2010
Category:  Growth & Poverty 
Stabilizing State and Municipal Finances

Shortfalls in state and local budgets affect entrepreneurs. As Robert Litan, vice president for research and policy at the Kauffman Foundation explained that "these budgets directly impact businesses and entrepreneurs. They can't plan for the future without knowing what their tax liabilities will be and what services will still be around for them and their employees." To address these concerns the Milken Institute and the Kauffman Foundation led a study of current state and municipal budget challenges, which includes an analysis of back-to-basics solutions.

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Mark Marich
on October 11, 2010
Category:  Growth & Poverty 
The EU: The "Innovation Union"

Last week, the European Commission proposed an innovation strategy that aims to improve conditions and access to finance for research and innovation in Europe, and to remove bottlenecks which stop ideas reaching the market. The “Innovation Union” is a key element of the Europe 2020 Strategy for a smart, sustainable and inclusive economy.

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Mark Marich
on October 11, 2010
Category:  Growth & Poverty 
This Week in Entrepreneurship Policy (Oct. 11)

Both houses of Congress are home campaigning for the upcoming elections.

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Mark Marich
on October 11, 2010
Category:  Capitol Hill 
A Look Back at Innovation Daily (Sept. 27 - Oct. 04)

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: Start-up Odds of Survival Depend on Industry (Smart Business Trends)...

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Mark Marich
on October 04, 2010
Category:  General 
Global Entrepreneurship Week Growing Closer

In November, millions of people around the globe will participate in the world's largest celebration of entrepreneurship. Thousands of events in more than 100 countries will celebrate innovation, entrepreneurship, and creativity during Global Entrepreneurship Week 2010 (GEW), Nov. 15-21. Now in its third year, the event will bring together aspiring and inspiring entrepreneurs, helping them embrace originality, imagination, and ingenuity through local, national, and global activities.

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Mark Marich
on October 04, 2010
Category:  General  Global 
Measuring Entrepreneurship Around the World

I returned this weekend from the Aspen Institute’s annual meeting of development entrepreneurs in New York where fresh thinkers were hard at work looking for new approaches to impactful international economic development. USAID Administrator Dr. Rajiv Shah sought out the opportunity to present his new vision for his agency, and Carl Schramm, President of the Kauffman Foundation, challenged the traditional strategic and intellectual platform that has driven the tired policies of decades of Washington consensus thinking around how we stimulate global economic growth.

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Jonathan Ortmans
on October 04, 2010
Category:  General  Growth & Poverty 
Startup Weekend: Coming Soon to a City Near You

Startup Weekend, a nonprofit organization focused on educating entrepreneurs through community building, innovation and education, recently received a grant from the Kauffman Foundation to expand its efforts. The typical Startup Weekend event educates aspiring entrepreneurs and helps move them from idea to market all in the span of a 54-hour event over – you guessed it – a weekend.

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Mark Marich
on October 04, 2010
Category:  General  Growth & Poverty 

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