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How friendly is your state to small business owners? Apparently very friendly, if you live in Utah or Texas—and not so friendly if you live in California. Utah took the top honors as the friendliest state to small business while Texas had three of the top five cities in the latest survey from Thumbtack.com and the Kauffman Foundation.
Ask an expert which university has the leading university-based technology innovation ecosystem in the world and you are likely to hear them say “MIT.” A ranking of 120 universities that demonstrate a “decisive impact and significant contribution in the field of entrepreneurship and innovation” has pointed to the Massachusetts Institute of Technology as the world leader.
Each day, Innovation Daily checks the pulse of global innovation--courtesy of Innovation America. Here, we take a look at a handful of relevant stories it compiled last week.
The nurturing of new and young firms has so far not been given much attention in prominent global gatherings. International government meetings have mostly concentrated on passive SME policy and others like the World Economic Forum have treated entrepreneurs as a side ring at the circus. The maturing of the Global Entrepreneurship Congress (GEC) to fill this gap is thus a welcome development.
The innovation performance in European Union countries is on the rise—cutting in half the gap between it and the United States. However, the internal gap between EU member nations is widening.
Since its inception, Start-Up Chile has received a considerable amount of attention for its search for bootstrappers who receive equity-free seed capital of $40,000 and a 1-year work visa in the South American country. Recently it announced the opening of its seventh round of applications—looking to select, fund, and host up to 100 startups while giving them access to a global network for those determined to make their projects global.
Both houses of Congress are still in Spring recess and will return next week. While reports differ on exactly how close Republicans and Democrats are to a deal on immigration reform, you can expect to hear a lot about the subject when they return—and in the weeks ahead.
Last Friday, the Global Entrepreneurship Congress adjourned in Rio de Janeiro, ending a week of intense sessions that engaged over two thousand people from 130 countries in discussions around building stronger entrepreneurship ecosystems back home. While the Congress included Global Entrepreneurship Week host country delegations, investors and entrepreneurs, it opened last Monday with a new session for policymakers and researchers. The experiment was a success and ended with a commitment by organizers to make government policy a mainstay of the annual Congress in the future.
In what some might consider an ironic twist, technology seems to play a lesser role in building a local entrepreneurial community for startups than good old-fashioned face-time and word of mouth.
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