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Last week, the likely impact of the Consumer Financial Protection Bureau (CFPB) on new and small businesses came under scrutiny by members of the subcommittee of Investigations, Oversight and Regulations of the House Committee on Small Business.
Optimism is out; pessimism is in among the country's top economics bloggers as they look to 2012 and beyond— particularly regarding jobs. A new Kauffman Foundation survey released last week shows that only 50 percent of respondents to its ongoing series of anticipate employment growth, a decrease of 20 percent from second quarter.
A handful of hearings are scheduled for the week ahead, including: the House Committee on Small Business looking at how industry-led portable skills certification programs are meeting the workforce needs of new and small firms; and, the House Committee on Financial Services reviewing legislative proposals to reform the Securities and Exchange Commission.
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 Economic Development Administration is taking a crack at seeding the creation of innovation ecosystems through a new "X Prize-style" competition that challenges multi-disciplinary teams of experts to develop economic and land use proposals for their city.
I hope that like me, you have had the chance to witness the burgeoning phenomenon of entrepreneurship curriculum in American higher education. More and more, students have the opportunity to explore entrepreneurship on campus. In the process of creating entrepreneurship programs, universities have become more entrepreneurial themselves. This is great news. Colleges and universities are natural incubators of creativity and new ways of looking at things. And this new reality might mean that colleges and universities are better preparing students for success in the American economy where more professionals need to make their own jobs.
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.
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:
This Week in Entrepreneurship Policy.
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