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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:
Each year, the IFC and World Bank Group release their ‘Doing Business’ report that analyzes regulations that apply to an economy’s businesses throughout their lifespan—from startup to bankruptcy. The 2012 study is out and shows little movement among the leading economies. Singapore stays on top, followed again by Hong Kong (SAR, China), New Zealand, the United States and Denmark.
Citing data from the Ewing Marion Kauffman Foundation, U.S. Senators Jerry Moran (R-Kan.) and Mark Warner (D-Va.) introduced bipartisan legislation last week aimed at jumpstarting the economy through the creation and growth of new businesses.
Several hearings are on tap for this week, including a pair in the House Judiciary Committee dealing with immigration and intellectual property concerns.
Every other year, community development professionals gather to review best practices and network at the National Interagency Community Reinvestment Conference. Unlike previous efforts though, the 2012 conference focuses squarely on new and small businesses and the role they can play in community and economic development.
The National Institutes of Health is launching a new web portal aimed at streamlining the federal government’s technology transfer process. If successful, the site could reduce response time for unpatented materials from six months to a few days.
Earlier this year, the Center for Public Policy Innovation (CPPI) published a report on restoring U.S. competitiveness which outlined several strategies to boost innovation and entrepreneurship. The strategies, including a simplified version of Sarbanes-Oxley for small firms, a permanent R&D tax credit, and a ‘free agency’ model for technology transfer, are at the heart of a series of forums held by CPPI to explore policies that would encourage new firm formation and growth.
With the House & Senate both in Washington this week, several hearings are scheduled that caught our attention, including a review by the Senate Committee on Banking, Housing & Urban Affairs on outstanding proposals to spur job growth through capital formation.
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