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The Policy Dialogue on Entrepreneurship Informs and connects thought leaders looking to understand policies that help entrepreneurs start companies, create jobs and strengthen the economy. Sign up to receive our weekly update!
The creative genius among the young is perhaps one of the least-tapped resources in many economies, particularly in sub-Saharan Africa. If given the opportunity to explore entrepreneurship as a career path and a business-friendly environment, young people can unleash their potential—creating gains for all in terms of quality of life, employment and wealth generation. This Friday, I will get a first-hand look at some of that potential as I moderate part of the African Innovation Summit—sponsored by the U.S. Department of State in coordination with Meridian International Center—that will welcome more than 60 young African entrepreneurs to Washington, DC. And later this year, thanks to a new partnership, we will see some of the continent’s most promising entrepreneurs compete during Global Entrepreneurship Week.
Sweden is not waiting for the Global Entrepreneurship Congress next month to devise its strategy for building a strong startup ecosystem. While “number of patents” is only one metric to measure innovation, Sweden thinks it is one of the most important. The 2011 edition of the Global Innovation Index (GII)—developed by the INSEAD eLab which takes into account dimensions such as creativity and efficiency—ranks Sweden second of 125 economies. For the Global Competitiveness Report 2011-2012, Sweden came in third position. And, in Thomson Reuters’ “Global Innovators” list, Sweden is the headquarters location of 6 percent of the list’s companies.
As I read this morning’s news about Syrian security forces renewing attacks on the city of Hama, I become even more committed to finding stories of Syrians looking beyond the divides of politics, class and religion, who can help shape the fate of the country and its four-months-long revolt against President Bashar al-Assad.
Employment in the U.S. has been in a free fall. Payroll employment has declined by 3.6 million since the start of the recession in December 2007, according to the latest report from Bureau of Labor Statistics. Firms have shed jobs every month since January 2008. Last January alone, the national payroll dropped by 598,000 jobs. The unemployment rate has risen from 4.9 percent in January 2008 to 7.6 percent in January 2009. Is it time to consider a payroll tax cut?
Taxes influence decisions regarding hiring, financing structure, and ownership structure. Taxes also often affect the very decision to launch a business. Given these incentive effects, yet another important task for this Administration should be to question whether our taxes are helping or hindering entrepreneurially-driven economic growth.
In two weeks, Global Entrepreneurship Week kicks off with more than 40,000 events spread out over a seven day period in 123 countries. At competitions like Startup Open for the most promising new startups in 60 countries, to tournaments for cleantech ideas, at stadiums where entrepreneurship will meet music and sports, from heads of state to high school competitions, Global Entrepreneurship Week has become a movement for the next generation of startups and entrepreneurs inspired by the possibility of human endeavor for the benefit of all.
Four Members of Congress have asked the National Academies to assess the competitive position of our research universities, both public and private. In a letter delivered on June 22 to the Ralph Cicerone (President of the National Academy of Sciences), Harvey Fineberg (President of the...
Universities, particularly research universities, are an important component of an innovation economy. Universities around the world have long been instrumental in developing much of the innovation that benefits our lives. A key question, therefore, is how well universities are prepared to support the transition to a more entrepreneurial economy. The various successful experiences from around the world show that shaping entrepreneurial universities requires commitment to institutional innovation.
The FY2010 budget request (i.e. the Appendix) is finally out. Here are some details about the President’s allocations for science and technology and small businesses.The Budget provides a 16-percent increase over 2008 funding levels for the National Science Foundation (NSF) and similarly large increases for...
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