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Dear Mr. President, the nation's entrepreneurs are counting on you tomorrow night. Want to use your State of the Union speech to lay out a plan for real economic growth? Here's what you should say.
I was shocked to learn that only 1 percent of American companies export their products. More shocking still, of those companies that export, 58 percent of those companies export to only one country.
They are larger than amazon and have more users than ebay. Yet, most Americans have never heard of them. But this company’s implications for the global economy and the increase of human welfare to the world’s poor hold vast potential.
Americans are more dependent on the federal government than ever before. According to USA Today, 18.3 percent of the nation’s total personal income was a payment from the government for Social Security, Medicare, food stamps, unemployment benefits and other programs in 2010. Much of this increase has come since 2008, mainly due to the expansion of healthcare and federal programs generally. Americans got an average of $7,427 in benefits last year, up from $4,763 in 2000. USA Today even breaks the data out by state, with New York leading the list.
Four U.S. Senators yesterday introduced Startup Act 2.0. This Bipartisan legislation, which combines two pieces of legislation that were introduced last year builds upon the original Startup Act and the AGREE Act, highlights four major components to jumpstarting the nation’s economy
As the Kauffman Foundation, the Partnership for a New American Economy and many others have repeatedly shown, immigrants make great entrepreneurs. We know that 40 percent of 2010's Fortune 500 companies were founded by new Americans. Immigrants start firms at rates much higher than natives.
Britain’s National Endowment for Science, Technology, and the Arts (NESTA) continue to produce excellent studies that provide a 360° wide-angle view on the role of innovation in modern society. Their latest report, plus an accompanying blog, tackles the tough issue of how innovation can help...
While full data for 2008 investments are not yet in, the picture from the Angel Group Confidence Report is that total angel group investments in North America are estimated to decrease by at least ten percent from 2007. Angel groups appear to be focusing more...
Endeavor, a leading non-profit that support high-impact entrepreneurs in emerging economies, has recently asked its partner companies for their views on where the global economy is heading. Like angels, venture capitalists and many others, they are feeling fairly pessimistic. The surveyed entrepreneurs are already feeling...
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