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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.
What makes an entrepreneurial ecosystem flourish outside of Silicon Valley? Can startups be successful anywhere in the U.S.? While “anywhere” may be too tall a task, there seems to be growing evidence that startup communities are getting stronger throughout the country.
The Ewing Marion Kauffman Foundation recently announced the recipients of its Emerging Scholars Program that recognizes the achievements of young scholars who are making significant contributions to research in entrepreneurship.
Every year, reports from the World Bank, the OECD and numerous private sector researchers tell us that nations are improving their regulatory environment in terms of reducing the complexity and cost of regulatory processes for starting a business. However, comprehensive reforms to stimulate startup creation are still relatively hard to find. Will the ever-intensifying global race to build strong startup ecosystems from the bottom-up change this?
Another relatively quiet week lies ahead on Capitol Hill. Several House committees have their organizational meetings scheduled while the Senate has yet to return. No relevant hearings are scheduled.
Is the venture capital industry back? The latest report from Thomson Reuters and the National Venture Capital Association shows that U.S. VC firms raised $20.6 billion from 182 funds during 2012. After being nearly cut in half from 2008 ($25.6 billion) to 2010 ($13.7 billion), it marks a second straight year of growth despite the number of funds dropping slightly (187 in 2011 to 182 in 2012).
According to the latest index from the Small Business & Entrepreneurship Council, South Dakota has the most entrepreneur-friendly policy environment in the U.S. The U.S. Business Policy Index evaluates each of the states on 46 policy measures with an emphasis on taxes, regulatory burdens and government spending.
The 113th Congress was sworn into office on Thursday last week. There are 97 new members, but little change from the 112th. The Senate has 13 new members with the Democrats maintaining control -- increasing their edge to 55-45. The House of Representatives has 84 new members with the Republicans maintaining control -- slipping a few seats to outnumber Democrats 233-200.
With 2012 now in the rearview mirror, we take a look at the most popular PDE posts at entrepreneurship.org. Global content dominates the top of the list with six of the ten posts covering Africa, Brazil, Canada, Chile, the United Kingdom and a global ranking of the top startup ecosystems.
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