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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.
A few years back, a report from the Kauffman Foundation shook up the common perception that there were hordes of young tech geeks—all looking to build the next Google or Facebook—driving an entrepreneurial revolution. The Coming Entrepreneurship Boom showed that 55-64 year olds had the highest rate of entrepreneurial activity while 20-34 year olds had the lowest. Last week, a new survey from American Express OPEN shows that the Great Recession didn’t exactly make things any better for Generation Y.
Members of Congress are back in their home states and districts for the August recess. They are scheduled to return on Monday, September 9.
For years, lectures and programs on entrepreneurship in American campuses were confined to its business schools—but times have changed and entrepreneurship education is fully in the mainstream. A couple of recent white papers from the Ewing Marion Kauffman Foundation demonstrate how these programs now reach students in disciplines across the curriculum, teaching them how to become innovative problem solvers, whether or not they ever start a business.
America needs all the talent it can get at home to spur job creation and economic growth. Recently, we have given a lot of attention to the untapped potential of immigrant entrepreneurs. Today, I take a look at other data and ask what we can do to enable more women in America to achieve their full potential as entrepreneurs.
According to the latest MoneyTree report from PwC and the National Venture Capital Association, the number of deals and dollars are up from earlier in the year. Venture capitalists invested $6.7 billion in 913 deals in Q2 2013—an increase of 12 percent in terms of dollars and 2 percent in the total number of deals. However, both are the lowest totals for the same quarter since the global financial crisis wreaked havoc in 2009.
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