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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
In an essay for the Kauffman Foundation, business administration professor Toby Stuart described his research examining how the social and business networks in which would-be entrepreneurs and early-stage firms are immersed influence entrepreneurial processes and outcomes.
Adam Coomes is a prime example of an entrepreneur who has seen the best of times and the worst of times. He has been a part of several startups and has gone through the peaks and valleys of these experiences. They've consisted of fast-paced ventures and ventures that have been put on the backburner. He has never worked in the corporate world and never intends to. Adam will always be an entrepreneur.
"Raising capital in the Midwest is a lot different than raising on the coasts," said Kurt Brenkus, CEO of Wisconsin-based Aver Informatics. "We had to hit the streets making the rounds with angel investors."
Adam Berk had a vision of creating an online library where neighbors could borrow tools and electronics from one another. Why buy a fancy camera you only needed to use once for a big trip? Why invest the money in physical tools for a home remodeling project if you are never going to need them again? Adam and his best friend Dave spent 5 years creating this utopian community, neighborrow, powered by a new form of currency. Their business model was to eventually white label the product and sell it to large apartment buildings and others who wanted to facilitate a borrowing community. But they never achieved their vision.
Today I am opening the APEC Start-Up Accelerator Leadership Summit here in Taipei. The summit is challenging 30 startups along with 200 top executives and officials from the APEC region to re-think past assumptions about how the public and private sectors can collaborate to build sustainable startup ecosystems in the region.
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.
Members of Congress are back in their home states and districts for the August recess. They are scheduled to return on Monday, September 9.
While elected officials have long extolled the virtues of the small business and its powers of job creation, more attention has been paid recently to the age of firms instead of the size. But what happens when you mix the two and look at the smallest new startups? That is where the real growth happens. Since the late 1970s, new companies with 1 – 4 employees accounted for 86% of new firms. During roughly that same time period, startups with 1-4 employees have created more than 1 million jobs per year while those with 5 – 9 employees have created 500,000 per year. The figures come from the latest Business Dynamics Statistics report from the Kauffman Foundation.
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