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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.
Women entrepreneurs in Africa and Eurasia have a new reason to have a Coke and a smile—actually, 100 million reasons. Coca-Cola and the International Finance Corporation just announced a $100 million, three-year joint initiative to provide access to finance for women entrepreneurs in emerging markets.
While it is a quiet week in the Senate for entrepreneurship and policy, House committees offer several hearings. Topics include: reducing regulatory burdens, patent litigation, STEM education, health insurance and the impact of health reform on jobs.
In the mid-1980s, a series of technological advances gave birth to desktop publishing (do you remember Aldus Pagemaker?) and made it possible for individuals and small organizations to self-publish—at a fraction of the cost it would have through commercial printing. Fast forward about 25 years and we could be looking at the same thing happening to 3D printing. An 83-year old inventor has created an extruder that converts plastic resin pellets into filament for use in low-cost 3D printers—and he is practically giving it away.
This week, President Obama will turn his focus from budget sequestration to immigration. A new Kauffman Foundation report released last week argues that making 75,000 Startup Visas available for current holders of H-1B and F-1 visas who start companies could create as much as 1.6 million U.S. jobs in the next 10 years. Will Washington act or, if they cannot agree, throw the baby out with the bath water?
Part of the challenge of analyzing data and research while making policy decisions is that the figures are typically based on a not-quite-so-current set of data. A new survey of owners who formed their companies in 2012 is out and it helps shine a light on the environment most startups encounter in the early stages.
While most attention on Capitol Hill these days centers on the budget sequester—what it means and who is to blame – there are a number of committee hearings that should be of interest. In particular, the House Judiciary Committee has a busy day planned for Tuesday—with three subcommittee hearings on American competitiveness—and another to follow on Thursday. Topics covered in those and other hearings include: immigration reform, patent litigation, the impact of health care reform on small business, wasteful spending, cyber-security and more.
Readers of this blog know that we credit the greater availability of data on entrepreneurship for the healthy race to build the best start-up ecosystem that is going on around the globe. By revealing weak areas in a country’s entrepreneurship ecosystem and enabling cross-country comparisons, data can yield important implications for economic and regulatory policy.
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