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The sluggish economy has been hard on job seekers of all backgrounds, not just those at the lower end of the education spectrum. According to a new report from the Kauffman Foundation, universities in the U.S. generate more Ph.D’s than there are faculty positions, resulting in a “glut of talented, highly educated, underemployed individuals” who may not apply their skills due to a shortage of academic opportunities.
Data sharing can bring down healthcare costs, says a new Kauffman Foundation report. Read about open access to medical data.
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:
Once again, South Dakota has the best state tax system for entrepreneurship and small business. According to Business Tax Index 2012 from the the Small Business & Entrepreneurship Council, the Mount Rushmore state edged out Texas and Nevada after compiling data on 18 different tax measures.
Another quiet week is in store in the Senate while the House tackles international patent issues, rising energy costs for small business and the impact of the Report on Carcinogens from the U.S. Department of Health and Human Services. Off the Hill, Senators Moran and Warner talk about the Start-up Act at the Woodrow Wilson International Center for Scholars while the Cato Institute ponders ‘Is Immigration Good for America?’
Congress returns from recess with a number of hearings of interest. The House Committee on Small Business takes a look ahead on “The Tax Outlook for Small Businesses” while other committee hearings target the dwindling capacity for bandwidth, advanced manufacturing, renewable energy technology, equity financing and more. Meanwhile on the Senate side, “Perspectives from the Entrepreneurial Ecosystem: Creating Jobs and Growing Businesses through Entrepreneurship” leads the way in the Senate Committee on Small Business and Entrepreneurship.
While entrepreneurs continue to be optimistic about their prospects for the next 12 months, angel investors are now jumping in with both feet. Total investments? Up 12.1 percent. Number of entrepreneurial ventures funded? Up 7.3 percent. Number of active investors? Up 20 percent.
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