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Clear your schedule for the rest of the week if you plan on tracking all of the relevant congressional committee hearings. The “House side” of Capitol Hill is particularly busy with hearings on the budget and monetary policy with Federal Reserve chair Ben Bernanke, the impact of e-verity on immigration, broadband stimulus, regulatory hurdles 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 newest installment of the Kauffman Sketchbook video series tells the great American success story of an immigrant entrepreneur who starts with very little yet achieves great things. The video features Gururaj "Desh" Deshpande, an Indian American venture capitalist and entrepreneur, who is co-founder of the Deshpande Center for Technological Innovation at MIT and the Deshpande Foundation.
In his State of the Union Address next week, President Obama will shift gears back to job creation after his inauguration speech focused on wider themes. As the debate about how the government can help the economy regain its pre-recession strength enters a new phase, the Kauffman Foundation’s annual “State of Entrepreneurship Address” last week in Washington, DC, focused on how financial constraints have been blocking the success of new and young firms that create most of the net new jobs.
On the heels of the Kauffman Foundation’s State of Entrepreneurship Address, a couple of Congressional committees are taking a closer look at the economy. The House Small Business Committee is conducting a hearing on The State of the Small Business Economy that will focus on “current economic indicators that measure the health of the economy, with a specific focus on access to capital… (and) general economic concerns that small business owners will face in the coming year.” Meanwhile, the House Budget Committee will explore the Congressional Budget Office’s budget and economic outlook with CBO director Douglas Elmendorf and the Senate Budget Committee will look at the budget and economic outlook over the next 10 years. Other hearings include: comprehensive immigration reform, applications for IT research and development; innovation in education; manufacturing in American; outlook on energy and a review of the government’s approach toward unemployment.
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
Mobile app developers are the lifeblood of startup communities everywhere—don’t take our word for it, just visit a Startup Weekend and see how many ideas are pitched for new smartphone applications. However, a new set of recommendations from the Federal Trade Commission may make things a bit more difficult for them, calling for new ways to help safeguard consumer privacy.
Since 2005, the Eastern Europe and Central Asia region leads the world in enhancing the business climate for local firms. The region overtook East Asia and the Pacific to become the second most business-friendly, after OECD high-income economies. However, one country, the Ukraine, has been described as the “rotten apple” in the region, comparing unfavorably to its neighboring countries. After meeting the “Ambassador Extraordinary and Plenipotentiary of Ukraine to the United States,” I decided to take a closer look.
If you can’t make it to Washington, DC, tomorrow (Tuesday, Feb. 5) for the Kauffman Foundation’s State of Entrepreneurship Address, don’t worry, it will be streamed live online. The session, scheduled for 12 noon ET at the National Press Club, features remarks from SBA Administrator Karen Mills, Senator Jerry Moran and new Kauffman president and CEO, Tom McDonnell.
The House side of Capitol Hill comes to life this week with a few committee hearings of interest. A couple of hearings are set for Tuesday morning, right ahead of the Kauffman Foundation's State of Entrepreneurship Address, with another hearing on American competitiveness on Wednesday.
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