Most city leaders realize their cities are not prepared for the next wave of the digital economy, but few of them know what to do next. Read More >
The rise of sharing economy startups like TaskRabbit, Uber and Airbnb have not only changed how consumer buy services, but also how workers provide those services. This week, the House Small Business Committee holds a two-part hearing on how the tax code treats those workers and how it might be modernized. Witnesses from TaskRabbit and the IRS join tax policy and trade association voices.Read More >
The HALOS (Help Angels Lead Our Startups) Act isn't the only piece of legislation aiming to increase the amount of money available to entrepreneurs as they start and scale new businesses. This week, the House Committee on Financial Services examines the current competitiveness of U.S. capital markets and regulatory burdens impact capital formation, job creation and economic growth. Read More >
Stemming from the 2012 Jumpstart our Business Startups (JOBS) Act, SEC regulations take effect today. However, it appears work still needs to be done. At the Angel Capital Association Summit in Philadelphia last week, I talked to investors about a bill moving swiftly through Congress to remove an unintended consequence of today’s new rules.Read More >
Members of Congress return to Washington this week with hearings on a range of topics – from emerging industries (with a couple venture-backed heavyweights) like daily fantasy sports to commercializing science and techology research. The House Committee on Energy and Commerce examines daily fantasy sports games and considers the overarching question of whether such sites are considered "games of skill" or gambling. Read More >
From presidential candidates to pundits, a lot of people are talking these days about income inequality. What gets much less attention, however, is the geographic manifestation of the divide between rich and poor.Read More >
Last week, the U.S. Small Business Administration launched a $3.95 million Growth Accelerator Fund competition for accelerators and other entrepreneurial ecosystem models -- with a special emphasis on parts of the country where there are fewer conventional sources of early stage capital. More than 75 winners will be selected to receive $50,000 each. Read More >
No committee hearings are scheduled for the week ahead. Members of the House and Senate returned to their home states and districts for a one week recess. They will reconvene next week and have only eight weeks in session before they break for the summer recess in mid-July. Read More >
In the last of policy commentaries emerging from the latest Global Entrepreneurship Congress, I note that governments are taking an increasing interest in mitigating the risks of their entrepreneurs who start new firms, and as more people accept the broader societal value of those who build and make things. We unpack one such issue highlighted by Kauffman Foundation CEO Wendy Guillies, who recently recommended U.S. policymakers consider allowing individuals to maintain unemployment insurance when they are starting a business. We unpack one such issue highlighted by Kauffman Foundation CEO Wendy Guillies, who recently recommended U.S. policymakers consider allowing individuals to maintain unemployment insurance when they are starting a business. Read More >
A robust and innovative start-up sector is key to sustainable economic growth. For innovation to occur, however, enterprises must have both the incentive and the capacity to invest. Incentives are multi-faceted and heavily reliant on the overall investment climate. Capacity depends on the education level of employees and management, their experience in rapid adaptation of products and processes, and their access to funds for R&D and commercialization.Read More >
Read summaries of findings around relevant policy issues impacting entrepreneurship.
The Data Maven blog tracks developments in entrepreneurship, innovation, and education data.
The Growthology blog focuses on the links between entrepreneurship, economic welfare and economic growth.