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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
Today, I would like to discuss the education-related recommendations outlined at the Kauffman Foundation’s State of Entrepreneurship address. We have long been aware that American education is struggling to stay competitive. We also know that the development of entrepreneurial skills, such as opportunity recognition and prudent...
Last week’s Global Entrepreneurship Congress (GEC) in Dubai was a historic gathering not only because -- under the patronage of Sheik Nahayan Mabarak Al Nahayan of the UAE -- it brought together entrepreneurship leaders from nearly 100 nations, but because it heralded a new era...
It is an important week for entrepreneurship in the Middle East. Here in Dubai, two important global summits will be convened by His Excellency, Sheikh Nahayan Mabarak Al Nahayan, United Arab Emirates Minister of Higher Education and Scientific Research, and Carl Schramm, President of the...
More than a dozen rockstar entrepreneurs and startup financiers have decided it was time to visit Washington, DC. They have taken three days of their busy schedules this week to push for the passage StartUp Visa Act of 2010, a bill that would make it...
Last week PDE posted a note about an idea to improve the effectiveness of university technology transfer in the U.S.
There seems to have been some confusion following this about the nature of the breakthrough idea to improve the U.S. model for commercialization of university-developed technologies. In...
Everyone surely owns an innovative product that has its roots in a university lab, or knows someone that has benefited from the presence of start-ups that formed through the dissemination of knowledge and technologies from the university to the marketplace. Universities have been the lifeblood...
So we know that entrepreneurs are the primary engines of job creation in the United States. Research study after research study has confirmed that it is young firms that drive improvements in the employment situation. From 1980–2005, firms less than five years old accounted for all net job growth in the country. In 2007 alone, young firms (1-5 years old) accounted for nearly two-thirds of job creation. We also know more than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market, along with nearly half of the firms on the 2008 Inc. list of America’s fastest-growing companies. In light of all this evidence and in face of the employment crisis in the country, how can we truly support the entrepreneurs behind these young firms?
When President Obama will deliver his first State of the Union address is still unclear. However, with 80 percent of the population believing that new economic growth and jobs will come from entrepreneurs, discussion around what his address should include in terms of policies that encourage new start-ups is already underway.
We have long argued that the American model for development assistance could improve dramatically if entrepreneurship becomes a stronger element of economic development efforts. Unfortunately, the importance of new firm creation is a concept that has yet to gain relevance in traditional development models, such as the Washington Consensus. However, there are a few actors who understand the power of entrepreneurship and have been using it to improve lives. Diaspora entrepreneurs are using their experience and understanding about entrepreneurship to invest in new ventures in their country of origin. These transnational entrepreneurs view a globe of porous borders.
Since the economic crisis broke out, capitalism has been under the microscope. Many have blamed evil businesses and market forces for the financial meltdown, and have lost confidence in private-sector engagement strategies for recovery. Luckily, in this country many more have experienced the positive impact of entrepreneurship either directly and indirectly. In a March 2009 survey, 63% of respondents said they “prefer giving individuals the incentives they need to start their own businesses as opposed to allowing the government to create new jobs directly.” A look at the role of new businesses in the economy reveals that it is not a matter of rejecting capitalism but rather of allowing more entrepreneurs into the economy.
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