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Late last week, Acting Deputy Secretary of Commerce Rebecca Blank and SBA Administrator Karen Mills announced two Presidential Memoranda intended to help businesses expand and create jobs. In addition to a new web portal, BusinessUSA.gov, the administration wants to encourage the creation of entrepreneurial startups by accelerating the movement of research conducted in federal labs into the commercial marketplace.
Which state is the most entrepreneurial? How about the most innovative? Business friendly? Just plain ready for the 'New Economy'? Obviously the answers depend on the methodology employed to find them -- and there are certainly differences from one study to the next. If...
The SBA Office of Advocacy released its latest annual study of banks’ and other financial institutions’ small business lending. The study “Small Business and Micro Business Lending in the United States for Data Years 2007-2008” revealed that the growth of small and microbusiness lending remained...
PDE staff were on hand for a Kauffman Foundation briefing at the Rayburn House Office Building on Capitol Hill on June 22. Our report of the event follows:While the job creation discussion usually defaults to a debate between big and small companies, often ignored are...
At a time when policymakers throughout the U.S.--and all over the world for that matter--are pointing to the job creating power of entrepreneurs and small business owners, a new study from the Kauffman Foundation points out a worrisome trend. The nation's business startup rate fell below 8 percent for the first time in 2010, marking the lowest point on record for new firm births.
Guest post by Byron Kennard
Is DC defunct? It sure seems that way. Just about everybody is bemoaning Washington’s dysfunctional political system. According to a recent Rasmussen Poll, 73 percent of respondents consider the system “broken.” Only 15 percent think it workable. Fifteen percent?! Louis XVI had higher public approval ratings on the day the Bastille fell. What’s next? A guillotine installed on Lafayette Square?
I recently returned from participating in the 2nd Annual Rome Forum of the Harambe Entrepreneurial Alliance, hosted by the Vatican's Pontifical Council for Justice and Peace.
Should the U.S. Food and Drug Administration protect the public or drive innovation? One industry leader gives us his take on the future of the FDA.
One of the major supporters of DEMO Africa and LIONS@frica with me in Nairobi last week was Nokia. As I took a look at just how much innovation Nokia has created, I was curious to look further into the current startup culture in its home country of Finland and see just how important high-growth entrepreneurship is to its economy.
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