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A new report from the Kauffman Foundation reveals that the pace of recovery in hiring and job creation since 2008 is stronger in newer firms – those two years old or younger – than in more established companies. Job Creation, Worker Churning, and Wages at Young Businesses is the seventh report in a series using data from the U.S. Census Bureau’s Business Dynamic Statistics.
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.
If you are familiar with this blog, you know we often discuss the progress or obstacles in various entrepreneurship ecosystems. We have also discussed the paucity of data around the world to best inform decision makers keen to smooth the path for their aspiring entrepreneurs. Current thinking suggests that startup communities need to be led by entrepreneurs and today we take note of a new global survey of entrepreneurs. Released earlier this month, the Global Entrepreneurship Week Policy Survey, which was designed to shed light on key questions for policy discussions on high-growth entrepreneurship from the perspective of entrepreneurs themselves.
There is a reason why much of the world looks to the U.S. to replicate its success in promoting startup ecosystems and entrepreneurial growth—and it isn’t just Silicon Valley. To be fair though, Silicon Valley is at the top of the list.
Following a quiet week on Capitol Hill due to the Thanksgiving holiday, talks on the fiscal cliff are scheduled to resume this week as lawmakers return to Washington. In addition, there are a number of hearings scheduled on the House side that touch on issues of interest to hard-core followers of the entrepreneurial economy including: music licensing and intellectual property, energy R&D and capital standards.
Young firms and their ability to raise capital will be the focus of a discussion in Washington next week at the Brookings Institution.
U2's Bono is the only one championing the cause of startups in the fight for poverty reduction and sustainable economic growth--and it isn't restricted to Africa or emerging economies either. A new study by the Goldwater Institute points to a "strong connection between a state's rate of entrepreneurship and declines in poverty"--put simply, more entrepreneurs equals less poverty.
The entrepreneurship policy environment in emerging economies may not be a significant obstacle to starting and growing new firms after all – at least if you ask high-growth entrepreneurs in those countries. That is one of the overarching findings in a paper released last week by Global Entrepreneurship Week (GEW) following a survey of more than 3,000 high-impact entrepreneurs in 34 countries.
you look in the media these days you see alleged signs of impending economic
doom—from the ‘financial cliff’ threatening to punish United States
policymakers if they can’t reach agreement soon to the Eurozone crisis with the
Greek economy on the edge of collapse. Certainly all very troubling, but it is
only one side of the coin. For the past 10 days, I have seen the other side—a
side full of hope and promise thanks to a burgeoning movement to embrace
The Ewing Marion Kauffman Foundation is now accepting nominations 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.
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