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When we last checked in on the performance of the venture capital industry, the dollars raised in 2012 continued to rise for a second-straight year even though the number of funds dropped. According to the latest numbers from Thomson Reuters and the National Venture Capital Association (NVCA), that trend continued in the first quarter of 2013.
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.
In the mid-1980s, a series of technological advances gave birth to desktop publishing (do you remember Aldus Pagemaker?) and made it possible for individuals and small organizations to self-publish—at a fraction of the cost it would have through commercial printing. Fast forward about 25 years and we could be looking at the same thing happening to 3D printing. An 83-year old inventor has created an extruder that converts plastic resin pellets into filament for use in low-cost 3D printers—and he is practically giving it away.
In what some might consider an ironic twist, technology seems to play a lesser role in building a local entrepreneurial community for startups than good old-fashioned face-time and word of mouth.
Both houses of Congress are in Spring recess in observation of the Easter holiday and will return in two weeks.
The Kauffman Foundation recently announced a partnership with Lean In, a nonprofit organization founded by Facebook COO Sheryl Sandberg that is committed to offering women encouragement and support to achieve their goals—specifically to help cultivate more balanced teams and more female leaders and entrepreneurs.
Part of the challenge of analyzing data and research while making policy decisions is that the figures are typically based on a not-quite-so-current set of data. A new survey of owners who formed their companies in 2012 is out and it helps shine a light on the environment most startups encounter in the early stages.
While most attention on Capitol Hill these days centers on the budget sequester—what it means and who is to blame – there are a number of committee hearings that should be of interest. In particular, the House Judiciary Committee has a busy day planned for Tuesday—with three subcommittee hearings on American competitiveness—and another to follow on Thursday. Topics covered in those and other hearings include: immigration reform, patent litigation, the impact of health care reform on small business, wasteful spending, cyber-security and more.
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