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New Report Outlines Causes of Market Distortions
Choking Recovery and Preventing New Growth Companies
from Going Public
Derivatives known as "ETFs" are the true culprits in artificially setting stock prices and posing threats to market stability
For the past couple of years, the Kauffman Foundation’s Bob Litan has teamed up with Rob Atkinson of the Information Technology and Innovation Foundation in releasing the State New Economy Index during Global Entrepreneurship Week. The trend continues this year at the ITIF offices on Thursday.
Many jobs lost in the recession are never coming back and job creation is expected to be sluggish for years. This has created an imperative to develop new jobs, business models and industries. The states are on the front line of this effort and it is more important than ever for them to embrace innovation and the New Economy...
Each day, Innovation Daily checks the pulse of global innovation--
courtesy of Innovation America and its founder, Rich Bendis. Here, we
take a look at a handful of relevant stories it compiled last week: The Crowdfunding Revolution (Innovation America)...
Congress will be in session this week – returning to the 18th lame duck session since 1935 – then will go back into recess for Thanksgiving week. In the meantime, several hearings in the House and Senate (below) may be of interest.
Each day, Innovation Daily checks the pulse of global innovation-- courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled last week: The Future of Indian Technology (Tech Crunch)...
No relevant hearings are scheduled while Congress observes the Thanksgiving recess.
Massachusetts, Washington, Maryland, Delaware and New Jersey are the top five states at the forefront of the nation’s movement toward a global, innovation-based new economy, according to The 2010 State New Economy Index, released last week by the Ewing Marion Kauffman Foundation and the Information Technology and Innovation Foundation (ITIF).
Despite a difficult economic climate, many young Americans are still interested in entrepreneurial pursuits. A Harris Interactive® online poll, conducted on behalf of the Ewing Marion Kauffman Foundation, released in conjunction with the start of Global Entrepreneurship Week, reveals that 40 percent of youth ages eight to 24 would like to start a business at some future point, or already have done so. Additionally, young people are overwhelmingly optimistic about the possibility of owning their own business. Seventy-five percent of the eight- to 12-year-olds, 62 percent of the 13- to 17-year-olds and 62 percent of the 18- to 24-year-olds agree that they can successfully start their own businesses if they work hard.
President Barack Obama and his Administration have sent a strong signal in support of the entrepreneurs who power the national economy. Last week, the president proclaimed Friday, November 19th as National Entrepreneurs' Day in conjunction with Global Entrepreneurship Week, founded and sponsored by the Kauffman Foundation.
Congress has returned from the Thanksgiving week recess with several meetings and hearings scheduled.
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