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Entrepreneurs Are Redefining Relationships with Russia
Spending a few days in Moscow last week where I spoke at the G20 Young Entrepreneur Alliance Summit, I found a dynamic and outward facing city with startup communities as vibrant as any in Europe. I check on things in Russia on the eve of this Thursday’s St. Petersburg International Economic Forum and on the heels of an announcement yesterday that Russia will convene the next Global Entrepreneurship Congress (March 17-20, 2014) only a few yards from the entrance to the Kremlin in the historic Moscow Manege.
Wealth Creation: Entrepreneurship vs. Inheritance
Where do millionaires get their fortunes? Passed down from generation-to-generation through family inheritance? Wrong. A new report from Barclay’s examines recent shifts in the creation of wealth and finding that in established economies long-established models of inheritance have given way to entrepreneurial activity as the preeminent source.
This Week in Entrepreneurship Policy
If you thought the immigration debate in Congress was going to be smooth sailing, a markup this week in the House Judiciary Committee promises a choppier course. Committee Chairman Bob Goodlatte has scheduled a markup for the Strengthen and Fortify Enforcement (SAFE) Act—a strict enforcement bill that could change the tenor of discussions. Other topics slated to be covered in hearings this week include: advanced manufacturing, energy priorities and opportunities for small business, STEM education, reauthorization of the Workforce Investment Act, health costs and economic recovery in Zimbabwe.
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.