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‘The Startup Movement’ is the topic of a House Small Business Committee hearing this week—an appropriate and timely topic for Global Entrepreneurship Week. Georgetown University’s Jeff Reid and Kansas City Startup Village’s Adam Arredondo are scheduled to testify. Other topics covered in committee hearings include: Bitcoin and the future of virtual currency, content delivery methods in the digital age, medical mobile apps, the ‘Innovation Act’, small business exchanges in PPACA and more.
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.
The Ewing Marion Kauffman Foundation announced last week that the nomination period is now open for the Kauffman Junior Faculty Fellowship in Entrepreneurship Research (KJFF). The Kauffman Foundation will award up to seven Junior Faculty Fellowship grants to junior faculty members in the United States whose research has the potential to make significant contributions to the body of literature in entrepreneurship.
Over the next three weeks, a series of stories by McKinsey on Society’s Voices will explore how entrepreneurial thinking can help solve the world’s most complex societal challenges. Broken into three segments—one per week—the ‘Entrepreneurship Without Boundaries’ series starts by taking a look at a few entrepreneurs that are creating social value.
Members of the House are back on Capitol Hill following last week’s district work period and there are a number of hearings scheduled for the week ahead. Jason Furman, chairman of the Council of Economic Advisers shares the economic outlook with the Joint Economic Committee while CBO director Douglas Elmendorf appears before the House Budget Committee. Other topics covered include: federal investments in research, science and technology; patent trolls; advanced manufacturing; wireless spectrum; PPACA and more.
Ceaseless uncertainty in Washington and mixed signals from economic indicators have not dampened the outlook of new business owners, who express rising confidence in their prospects in the third-quarter 2013 Kauffman/LegalZoom Startup Confidence Index. Released by the Ewing Marion Kauffman Foundation and LegalZoom, the Index reports that entrepreneurs’ confidence climbed to 86 percent, setting a new high for the study, which was initiated in first quarter 2012.
It looks to be a fairly quiet week on Capitol Hill. Members of the House are out of town, back in their congressional districts for a constituent work week. Meanwhile in the Senate, the America COMPETES Act—which funds government research and development initiatives and STEM initiatives—is up for reauthorization and will be the focus of a hearing by the Commerce, Science and Transportation Committee. The health insurance marketplace also gets a look from a couple of committees.
The world’s largest 1,000 public corporate R&D spenders recently hit a record high of US$638 billion ensuring life-changing innovation at every turn. Or does it?
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