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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:
In my final post of 2013, I summarize my top of mind developments in the world’s entrepreneurship data chest. Next year will herald a new era in evidence-based programming and policymaking as practitioners and policymakers alike—now committed to new firm formation—demand better data and analysis around what entrepreneurship promotion efforts are working and what is hype.
I know few of you plan to comb through entrepreneurship data and analysis over the holidays but the following summary might be helpful to all of us as we embark upon a renewed effort in 2014 to fill the gaps in what we can tell those who are eager to help founders start and scale new firms. This list is by no means comprehensive but rather what was most visible to me as a global observer and commentator. Please let me know what I missed.
Members of the House get a jump on the holiday season and will be in recess this week. Meanwhile, their Senate counterparts have a few hearings scheduled. A hearing on the data broker industry follows a yearlong Commerce Committee examination of how data brokers collect, compile, and sell consumer information for marketing purposes. Also, patent trolls get another look this week, courtesy of the Judiciary Committee, which is also exploring the impact on small businesses from a recent decision by the 5th U.S. Court of Appeals to allow companies to require employees to sign contracts forbidding them from initiating class arbitration against the company.
See who made this week's list.
Some of the very first decisions founders must make early on in their ventures are crucially important to the future of the business. Many of these decisions concern the ubiquitous "people problems" that challenge even experienced entrepreneurs. When should I found? Should I co-found with someone? With whom? How should we split the equity? Bad or ill-informed choices at critical junctures could have significant consequences for startups. In fact, research has suggested that 65 percent of new firm failures were related to problems within the management team.
Partnerships in innovation development phases can offer a wide range of benefits in the healthcare industry where experience can simplify complex processes.
I spent much of Global Entrepreneurship Week traveling. It’s one of the things I love most about my work at the Kauffman Foundation. And in that travel, I’ve learned that entrepreneurship transcends borders and languages—but it is deeply impacted by culture and policy.
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.
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