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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.
When asked about the state of the national economy, a majority of startup business owners do not see it growing in the next 12 months—22 percent expect it to remain pretty much the same while another 34 percent expect it to worsen. The numbers on consumer demand are similar. Not surprisingly, 63 percent said that they had no plans to hire additional employees.
Tomorrow, roughly 100 million Americans will cast their vote for one of two men who have stressed the importance of entrepreneurs and of course, small business to the country—and claimed to be the best candidate to empower them. Meanwhile, one week from today, policymakers, researchers and millions of nascent entrepreneurs in 130 countries will be taking matters into their own hands through a collection of 40,000 events, activities and competitions during Global Entrepreneurship Week.
The last several weeks of campaigning are finally (and thankfully for most of us) coming to a close with tomorrow’s election. Various polls have the presidential race as too close to call—not surprisingly, both campaigns are predicting victory. You can create and share your own predictions or just follow along tomorrow on CNN’s electoral map. If you are an avid election night junkie like all of us in Washington and want to track the battle to control Congress, we suggest Real Clear Politics maps for the U.S. House of Representatives and U.S. Senate.
A new survey funded by the Kauffman Foundation suggests that most economies are recovering from the sharp drops in new firm registration triggered by the 2008 global financial crisis. The improvement may very well likely been bolstered by government reforms, according to the analysis of new World Bank data.
Congress is in recess with members back in their home states and districts as they focus on campaign work over the next several weeks. They will return to Washington at some point after the November 6 election.
In the search to find some of the best and brightest new startups around the world, Global Entrepreneurship Week recently announced the “GEW 50” —a list of the 50 most innovative new companies competing in the Startup Open, a competition that recognizes startups with high-growth potential. These elite ventures will now vie for the grand prize—an all-expenses-paid trip to Rio de Janeiro to serve as an official delegate to one of the world’s largest gatherings of startup champions, the Global Entrepreneurship Congress, in March 2013.
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