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I have just returned today from a short visit to South Korea where I addressed an international conference and met with various universities both in Seoul and Daejeon Valley – described to me by locals as Korea’s Silicon Valley.
Visitors arriving at Seoul’s acclaimed airport can only be impressed by its sophisticated application of technology into everyday lives. The train I rode from Seoul to Daejoen cruised at 300 Kilometers per hour, every taxi in Seoul was clean and paid for with a back seat touchpad card reader and the urban planning seemed super smart with local government being placed in beautiful floating structures on the river and national government being moved altogether out of Seoul.
As the world celebrates another Global Entrepreneurship Week, the Huffington Post features an essay today by Jonathan Ortmans that provides a glimpse at what that will look like.
America’s competitiveness challenges are not simply an outgrowth of the current economic crisis. Instead, they are the culmination of decades without a coherent national innovation strategy. That’s the primary message of a new Information Technology and Innovation Foundation (ITIF) report that benchmarks American innovation performance...
It is time to implement new methods to shake our economy out of this lingering spell of slow growth (a disappointing 2% rate) and high unemployment (hovering around 9%). And while the large federal budget deficit does not leave much room for implementing more traditional economic remedies, the Kauffman Foundation—at a press conference this morning here at the National Press Club in Washington, DC—suggested it is time for legislation. Startup legislation.
A new study by Moody's, an economic consulting firm, is getting some attention on USAToday.com. While the 2009 forecast for the US shows a drop of 3.3%, it projects gains for 2010-2012 across all job sectors--even the sluggish manufacturing industry. In the meantime, what does 2009...
Last week, PDE reported on several measures under discussion in Washington that would put entrepreneurs at the forefront of recovery efforts. Some of these measures are moving quickly. On Friday, Senate Committee on Small Business and Entrepreneurship Chair, Mary L. Landrieu, D-La., introduced a bill...
Today and tomorrow the Senate will vote on President Obama’s announced deal to extend for two years all of the tax cuts, both those from the Bush years and those for low-income workers from last year’s stimulus package. Under this proposal, recently expired benefits for the long-term unemployed would also be extended for another 13 months. In addition, the agreement would cut payroll taxes for one-year. What does all this mean for entrepreneurs?
The latest data from the National Venture Capital Association show that venture capitalists have had a tough 2009 so far. Forty VC funds raised only $4.3 billion in the first quarter of 2009, representing one of the slowest quarters in recent years. Even worse news...
This week on June 20-22, I will be speaking and participating at the G20 Young Entrepreneur Summit hosted by the Canadian Youth Business Foundation. The event, recognized by the Canadian government as an official G20 event, will bring together delegations from leading entrepreneurship organizations from...
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