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Members of the House are back on Capitol Hill following last week’s district work period and there are a number of hearings scheduled for the week ahead. Jason Furman, chairman of the Council of Economic Advisers shares the economic outlook with the Joint Economic Committee while CBO director Douglas Elmendorf appears before the House Budget Committee. Other topics covered include: federal investments in research, science and technology; patent trolls; advanced manufacturing; wireless spectrum; PPACA and more.
Holding an American and British passport, I enjoy the freedom to move easily among economies which is important given that I am now involved in advancing entrepreneurship in 140 countries. As APEC gets ready to complete the rollout of its APEC travel card and other regions outside the European Community develop single visa plans, I wonder how easy it is for current and aspiring entrepreneurs and investors to get around. Is it indeed getting better?
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.
Ceaseless uncertainty in Washington and mixed signals from economic indicators have not dampened the outlook of new business owners, who express rising confidence in their prospects in the third-quarter 2013 Kauffman/LegalZoom Startup Confidence Index. Released by the Ewing Marion Kauffman Foundation and LegalZoom, the Index reports that entrepreneurs’ confidence climbed to 86 percent, setting a new high for the study, which was initiated in first quarter 2012.
It looks to be a fairly quiet week on Capitol Hill. Members of the House are out of town, back in their congressional districts for a constituent work week. Meanwhile in the Senate, the America COMPETES Act—which funds government research and development initiatives and STEM initiatives—is up for reauthorization and will be the focus of a hearing by the Commerce, Science and Transportation Committee. The health insurance marketplace also gets a look from a couple of committees.
The world’s largest 1,000 public corporate R&D spenders recently hit a record high of US$638 billion ensuring life-changing innovation at every turn. Or does it?
As the world economy continues to work its way out of the effects of a global economic crisis, countries of all sizes are turning to entrepreneurship to help drive their recovery. In a few short weeks, millions of people will participate in Global Entrepreneurship Week (Nov. 18 – 24) events, activities and competitions in 139 countries—the largest number of countries in the six years of the initiative..
The Ewing Marion Kauffman Foundation launched GEW in 2008 – at the start of the economic crisis – to connect aspiring entrepreneurs and others who can help them take the next step in their entrepreneurial journey.
Last week, the Securities and Exchange Commission (SEC) moved one step further in enlarging the pool of capital available to entrepreneurs when it unanimously voted to propose regulations to allow unaccredited U.S. investors to invest in startups and small businesses for equity, as set out in Title III of the JOBS Act. I took a look at reactions to this latest step and how it compares to a couple of other nations on a similar mission.
The pace continues to quicken on Capitol Hill this week with a number of hearings relevant to entrepreneurial development and startups in general. USAID is in the discussion on the future of Egypt and Syria and how it can support broader development (and entrepreneurs) there. Other topics covered by hearings include: a review of the JOBS Act at a year and a half, improving the US patent system, broadband adoption in the US, cyber-security, basic energy research and PPACA implementation challenges.
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