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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:
If you ask an entrepreneur, the global economy is starting to perk up a bit. In the most recent ‘Global Entrepreneur Indicator’ survey, 62% experienced an increase in their net profits -- a 25% increase over the previous year -- while 57% added jobs since last surveyed.
Members of the House are back in their home districts for a Constituent Work Week and will return after the Independence Day holiday. On the Senate side, a light week is highlighted by a Finance Committee hearing on simplifying the tax code.
PDE staff were on hand for a House Committee on Small Business hearing on Capitol Hill on June 22. Our report of the hearing follows:
There is no debating the fact that the financial crisis has adversely impacted small businesses. Indeed, this fact was the common theme that ran through the opening statements of a recent hearing held by the House Committee on Small Business.
Following opening remarks by Representatives Sam Graves (R-MO) and Nydia M. Velazquez (D-NY), Chairman and Ranking Member respectively, Treasury Secretary Timothy Geithner delivered a summary of his written testimony on the “State of Small Business Access to Capital.”
Rutgers University hosted the Urban Entrepreneurship Summit on its Newark, New Jersey campus today to focus on initiatives to boost job growth in America's cities.
I admit it. I was one of those guys who ready Douglas Coupland’s ‘Generation X: Tales of an Accelerated Culture’ and watched all the generational angst movies of the early ‘90s like Richard Linklater’s ‘Slacker’ (or Reality Bites’ for the more commercially mainstream audiences). We were different and better than Baby Boomers and wanted to make sure everyone knew why.
Secretary Geithner is scheduled to appear before the House Committee on Small Business to talk about access to capital and credit while the Budget Committee examines the long-term budget outlook with CBO director Douglas Elmendorf. On the Senate side, the Judiciary Committee tackles intellectual property law enforcement efforts.
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