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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:
Each year, the IFC and World Bank Group release their ‘Doing Business’ report that analyzes regulations that apply to an economy’s businesses throughout their lifespan—from startup to bankruptcy. The 2012 study is out and shows little movement among the leading economies. Singapore stays on top, followed again by Hong Kong (SAR, China), New Zealand, the United States and Denmark.
Citing data from the Ewing Marion Kauffman Foundation, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced bipartisan legislation last week aimed at jumpstarting the economy through the creation and growth of new businesses.
As Congress nears the end-of-year holiday recess (which may or may not technically happen), all eyes are on the payroll tax deal negotiations and the expiration of the latest temporary spending bill. Meanwhile, several hearings are happening on Capitol Hill and of interest to PDE followers, including a look at the possible expansion of top-level domains through ICANN.
It was an active week for encouraging more startups in the nation’s capital. Take Thursday, December 8th. While I participated in a morning panel discussion on Capitol Hill with U.S. Senator Mary Landrieu (D-LA) and others, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced the bipartisan Startup Act, the White House announced that the Obama administration had committed $2 billion in public and private resources to support job-creating startups, and Startup America Partnership board members—at the White House for their first official board meeting—outlined commitments from more than 50 private-sector partners that amount to over $1 billion over the next three years.
Several hearings are on tap for this week, including a pair in the House Judiciary Committee dealing with immigration and intellectual property concerns.
The Kauffman Foundation today released a formal call for nominations and will again award up to seven Junior Faculty Fellowship grants to faculty members in the United States whose research has the potential to make significant contributions to the body of literature in entrepreneurship.
Earlier this year, the Center for Public Policy Innovation (CPPI) published a report on restoring U.S. competitiveness which outlined several strategies to boost innovation and entrepreneurship. The strategies, including a simplified version of Sarbanes-Oxley for small firms, a permanent R&D tax credit, and a ‘free agency’ model for technology transfer, are at the heart of a series of forums held by CPPI to explore policies that would encourage new firm formation and growth.
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