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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!
U2's Bono is the only one championing the cause of startups in the fight for poverty reduction and sustainable economic growth--and it isn't restricted to Africa or emerging economies either. A new study by the Goldwater Institute points to a "strong connection between a state's rate of entrepreneurship and declines in poverty"--put simply, more entrepreneurs equals less poverty.
The entrepreneurship policy environment in emerging economies may not be a significant obstacle to starting and growing new firms after all – at least if you ask high-growth entrepreneurs in those countries. That is one of the overarching findings in a paper released last week by Global Entrepreneurship Week (GEW) following a survey of more than 3,000 high-impact entrepreneurs in 34 countries.
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.
After the longest pre-election recess in history, members of Congress return to the status quo in Washington, DC this week for a lame duck session. Very few hearings are currently on the books, but you can expect there to be a lot of discussions over the next month or two about the looming fiscal cliff.
WASHINGTON, DC – Nov. 12, 2012 – Dropifi’s web messaging platform that seeks to supersede the traditional “contact us” form has earned the Ghanaian tech startup the grand prize of 2012 Startup Open, a competition for startups with high-growth potential featured as part of Global Entrepreneurship Week (GEW) 2012. Dropifi was selected today out of 50 companies announced last month as the “GEW 50,” the best and brightest new startups around the globe.
When asked about the state of the national economy, a majority of startup business owners do not see it growing in the next 12 months—22 percent expect it to remain pretty much the same while another 34 percent expect it to worsen. The numbers on consumer demand are similar. Not surprisingly, 63 percent said that they had no plans to hire additional employees.
U.S. small business owners don’t necessarily think that high taxes are the biggest barrier to their success—but the complexity of the tax code is a different story. The plea for simplification continued into the area of regulations and licensing requirements.
The last several weeks of campaigning are finally (and thankfully for most of us) coming to a close with tomorrow’s election. Various polls have the presidential race as too close to call—not surprisingly, both campaigns are predicting victory. You can create and share your own predictions or just follow along tomorrow on CNN’s electoral map. If you are an avid election night junkie like all of us in Washington and want to track the battle to control Congress, we suggest Real Clear Politics maps for the U.S. House of Representatives and U.S. Senate.
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