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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 new study by the University of South Carolina’s Moore School of Business shows that 3% of the businesses in the state are responsible for roughly two-thirds of its net new jobs. In addition to those local high-impact firms, the authors found that firms with fewer than 20 employees account for 51 percent of net job generation.
Is the recent debt ceiling debate the proverbial tip of the iceberg? It is, at least according to Senator Sherrod Brown. Last week, the Chairman of the Subcommittee on Financial Institutions and Consumer Protection (within the Senate Committee on Banking, Housing and Urban Affairs) said as much at a hearing on “Debt Financing in the Domestic Financial Sector.”
Each year, Inc. releases their list of the 500 (and now 5000) fastest growing firms in the United States. Sitting atop the 2011 list is ideeli, a members-only retail shopping site with more than 4 million member that grew by 40,882% in 3 years.
New York came out on top of a new State Entrepreneurship Index developed by economists at the University of Nebraska-Lincoln. The study combines five key components -- a state's percentage growth and per capita growth in business establishments, its business formation rate, the number of patents per thousand residents and gross receipts of sole proprietorships and partnerships per capita -- to build its state-by-state rankings.
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:
Intervening forces -- whether officially "occupiers" or not -- have a duty to create or support existing rule of law institutions in post-conflict states, according to the new paper "Closing the Transition Gap," the fourth paper in the Ewing Marion Kauffman Foundation's Expeditionary Economics Research Series to reconsider the United States' approach to military- and civilian-led development in areas stricken by conflict and natural disaster.
The U.S. Congress is currently observing the typical August / Summer recess. They are scheduled to return to Washington on Tuesday, September 6, following the Labor Day holiday.
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