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Where do millionaires get their fortunes? Passed down from generation-to-generation through family inheritance? Wrong. A new report from Barclay’s examines recent shifts in the creation of wealth and finding that in established economies long-established models of inheritance have given way to entrepreneurial activity as the preeminent source.
It’s no secret that the economy is in sickbay. But healthcare entrepreneurs looking for a big transfusion of cash shouldn’t look to an initial public offering.
On a recent appearance on MSNBC, Senate Small Business & Entrepreneurship Committee chair Mary Landrieu talked about easing the flow of credit and other efforts in Washington to help small businesses. Visit msnbc.com for Breaking News, World News, and News about the Economy
A recent blog by Dan Isenberg from Babson College argues that there has been too much focus on startups around the world and that “infinitely more important is to embed scale-up.” Of course, Dan has a point in that I frequently hear leaders outside the United States lament their lack of billion dollars firms, but I think we are far from the point when we can stop advocating for better support for new starts. Not only is most of the world still focused on size not age of firms—talking “SMEs”—but we still do not know enough about the science of startups and how to best support those that want to scale. As with kids—to play along with Isenberg’s analogy—we have to help firms start better if they are to scale later in life and now is not the time to pull back the throttle on legitimizing founders and startups as a centrepiece of that economy policy.
Over the last two decades, I have been involved in several entrepreneurial endeavors that employed over a thousand people collectively. I have interviewed and hired many over that period of time, including negotiating compensation packages. The one thing I have learned from doing that...
When the Global Entrepreneurship Congress convenes in Liverpool next week, one of the largest delegations will come from Canada. A few weeks ago, I had the opportunity to tour one of Canada’s best startup cities—Waterloo—which offered some useful insights for the global entrepreneurship community.
Watch a live Webcast of the Kauffman Foundation's State of Entrepreneurship Address, taking place at the National Press Club in Washington, DC from 12:30 p.m. to 2:00 p.m. ESTKauffman President and CEO Carl Schramm will assess the outlook for entrepreneurship in 2010, including the challenges...
At the 2012 State of Entrepreneurship Address, held February 9, 2012, Ewing Marion Kauffman Foundation interim president and CEO Benno C. Schmidt, along with National Governors Association (NGA) leaders Nebraska Governor Dave Heineman and Delaware Governor Jack Markell, called for state and local government policy changes to foster entrepreneurship and accelerate economic growth.
A life science company's business model is important to its success. Read more about validating a business model.
Tomorrow, Wednesday, February 24, 2010, Governors from across the country will gather at the Kauffman Foundation to explore ways to build their economy by spurring clean energy entrepreneurship. You have an opportunity to watch a live webcast at 2:00 p.m. - 3:30 p.m. EST.
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