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Liability Litigation Entrepreneurship A Delicate Balance
Issue no. 382
Liability Litigation and Entrepreneurship: A Delicate Balance
Litigation uncertainties increase the level of risk that entrepreneurs have to take in order to work on their innovative ideas. According to a SBA study, liability litigation affects entrepreneurs' chances of growing their businesses by imposing costly and time-consuming settlements, legal fees and insurance. All this is reported to cause financial and psychological hardship. Moreover, the majority of U.S. small firms are unincorporated, which means that many entrepreneurs are potentially subjected to personal as well as business financial liability risk.
From the Policy Dialogue on Entrepreneurship Blog
Quarterly Indicators: Optimism Increasing Slightly
The latest update to the SBA Office of Advocacy's Quarterly Indicators: The Economy and Small Business is now available. Real GDP fell only 1 percent in the second quarter of 2009 compared to the previous quarter's 6.4 percent drop. Accordingly, small business owners seemed more optimistic. [
Science & the Public
A new report by the Pew Research Center for the People & the Press in collaboration with the American Association for the Advancement of Science (AAAS) found that the majority of Americans think "that science has had a positive effect on society" and that science has made life easier for most people. . [
Nordstrom versus Sing Sing
It is startling how quickly the mood of our country has shifted. It seemed like just yesterday when the majority of Americans were optimistic about new leadership in Washington and optimistic for our country's future. Now, when Members of Congress are home and meeting with their constituents over August, they are encountering anger over policies emanating from our nation's capitol. [
Immigrants a Plus for Economy
Immigrants create more jobs than they take. That is the take home message appearing in a recent issue of Newsweek from the following 'Smart List' item. [
Documenting the Impact of Broadband on Small Business
The Small Business Administration Office of Advocacy is looking for a contractor to conduct a study to evaluate the impact of broadband speed and price on small businesses. Advocacy offers to provide assistance in obtaining access to non-proprietary Federal Communications Commission (FCC) and other agency data, if necessary. [
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