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The Right Rules and Incentives
Entrepreneurs start and grow companies in spite of government. But Chris Schroeder’s new book Startup Rising: The Entrepreneurial Revolution Remaking the Middle East reveals a quiet, unnoticed uprising in the midst of front page uncertainty surrounding the region after the Arab Spring. The entrepreneurs leading the revolution illustrated in his book have not been waiting for government direction and resources. To the contrary, they have become the leaders.
Colorado at Center of High-Tech Job Creation
Granted, Silicon Valley has the sheer volume, but when it comes to the density of high-tech startups you have to look to Boulder--and Fort Collins--and Denver--and Colorado Springs. A new report that contrasts the job creation dynamics in the innovative tech sector against the entire private sector ranks the top 10 metro areas for high-tech startup density and Colorado dominates the list.
Younger Entrepreneurs Slowing Down
A few years back, a report from the Kauffman Foundation shook up the common perception that there were hordes of young tech geeks—all looking to build the next Google or Facebook—driving an entrepreneurial revolution. The Coming Entrepreneurship Boom showed that 55-64 year olds had the highest rate of entrepreneurial activity while 20-34 year olds had the lowest. Last week, a new survey from American Express OPEN shows that the Great Recession didn’t exactly make things any better for Generation Y.
This Week in Entrepreneurship Policy
Members of Congress are back in their home states and districts for the August recess. They are scheduled to return on Monday, September 9.
A Look Back at Innovation Daily
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.