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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: Why US Productivity Can Grow Without Killing Jobs (McKinsey Quarterly)...
Following two heavy weeks of hearings on both sides of Capitol Hill, Congress is back in their states / districts for the Presidents’ Day Work Period.
Kauffman FastTrac programs in New York and Michigan are leading to new business starts – and the jobs that come along with them. Following an intense entrepreneurial education program initiated by Mayor Michael Bloomberg in March 2009, 1,000 NYC entrepreneurs have graduated the program. According to SUNY’s Levin Institute, those graduates have created 300 new jobs.
The White House sent President Obama's proposed budget for FY 2012 to Congress earlier today--weighing in at $3.7 trillion. With Republicans looking to poke holes in the plan, Jack Lew, Director of the Office of Management and Budget, will appear at a couple of congressional hearings throughout the week to defend it.
In advance of those hearings, Lew appeared on the White House website with a quick overview of what the budget hopes to accomplish.
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:
A new study by the University of South Carolina’s Moore School of Business shows that 3% of the businesses in the state are responsible for roughly two-thirds of its net new jobs. In addition to those local high-impact firms, the authors found that firms with fewer than 20 employees account for 51 percent of net job generation.
Is the recent debt ceiling debate the proverbial tip of the iceberg? It is, at least according to Senator Sherrod Brown. Last week, the Chairman of the Subcommittee on Financial Institutions and Consumer Protection (within the Senate Committee on Banking, Housing and Urban Affairs) said as much at a hearing on “Debt Financing in the Domestic Financial Sector.”
Each year, Inc. releases their list of the 500 (and now 5000) fastest growing firms in the United States. Sitting atop the 2011 list is ideeli, a members-only retail shopping site with more than 4 million member that grew by 40,882% in 3 years.
New York came out on top of a new State Entrepreneurship Index developed by economists at the University of Nebraska-Lincoln. The study combines five key components -- a state's percentage growth and per capita growth in business establishments, its business formation rate, the number of patents per thousand residents and gross receipts of sole proprietorships and partnerships per capita -- to build its state-by-state rankings.
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