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Congress is back in session and a number of relevant hearings are set for the coming week including several on tax reform and a House Judiciary Committee look at “The Investor Visa Program” and its ability to create jobs in the U.S.
Most policymakers are starting to both heed entrepreneurs for their job and wealth creation efforts during these tough times as well as pick up on one of our nation’s biggest source of high-growth start-ups: immigrant entrepreneurs. But if public reaction to a recent NPR segment and recent Washington Post commentary on the topic are anything to go by, I fear we have a long way to go to convince the average American citizen.
A new study by the University of South Carolina’s Moore School of Business shows that 3% of the businesses in the state are responsible for roughly two-thirds of its net new jobs. In addition to those local high-impact firms, the authors found that firms with fewer than 20 employees account for 51 percent of net job generation.
Each year, Inc. releases their list of the 500 (and now 5000) fastest growing firms in the United States. Sitting atop the 2011 list is ideeli, a members-only retail shopping site with more than 4 million member that grew by 40,882% in 3 years.
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:
The U.S. Congress is currently observing the typical August / Summer recess. They are scheduled to return to Washington on Tuesday, September 6, following the Labor Day holiday.
Earlier this summer, the Kauffman Foundation announced its ideas for a broad set of policy recommendations that would help accelerate the creation of new startups and stimulate the US economy. The Startup Act, as it was called, just received a bit of extra attention with today’s copy of the Wall Street Journal.
Even during this bruising recession, risk-taking entrepreneurs in the developing world seem to be seeing opportunities to leapfrog others and create advantage. And, as the Kauffman Foundation’s Carl Schramm recently argued in an article in Forbes magazine, I am not just talking about mobile technology in Africa.
Intervening forces -- whether officially "occupiers" or not -- have a duty to create or support existing rule of law institutions in post-conflict states, according to the new paper "Closing the Transition Gap," the fourth paper in the Ewing Marion Kauffman Foundation's Expeditionary Economics Research Series to reconsider the United States' approach to military- and civilian-led development in areas stricken by conflict and natural disaster.
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