Kauffman Foundation News (10/28/10): “The Economic Framework for a More Prosperous and Safer World”

Ideas and Insights
This edition of Ideas at Work features an essay by Col. Jeffrey Peterson, who shares first-hand experience and thoughts about the military’s role in economic development in a post-conflict environment and the importance of economics as a component of successful counterinsurgency operations.

The Economic Framework for a More Prosperous and Safer World

By Jeffrey D. Peterson
Colonel, U.S. Army
Professor of Economics, West Point Military Academy

To most people the word “entrepreneur” probably conjures images of someone tinkering in the garage or pitching a business plan to potential investors. With luck, the venture takes off and before long the entrepreneur is hiring more workers and looking for new space to house a growing enterprise. But this scenario captures just a slice of entrepreneurial activity, and it leaves out some of the most entrepreneurial individuals that America produces: America’s soldiers-men and women whose success or failure in high-risk environments often depends on their ability to create and implement new ideas while quite literally under fire.

At first blush, the military as an incubator of entrepreneurs may not seem to parse. After all, one might ask, isn’t the military about the chain of command and following orders? Rather than individual action, don’t military units focus on group missions and achievements by team? Where in this ecosystem is the space for the entrepreneur? Read this essay…>> http://www.kauffman.org/entrepreneurship/the-economic-framework-for-a-more-prosperous-and-safer-world.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

More news from the Foundation:

Entrepreneurship Spanning the Globe
In a few weeks, millions of people around the globe will participate in the world’s largest celebration of entrepreneurship. Thousands of events in more than 100 countries will celebrate innovation, entrepreneurship, and creativity during Global Entrepreneurship Week 2010, November 15-21. Now in its third year, the event brings together aspiring and inspiring entrepreneurs, helping them embrace originality, imagination, and ingenuity through local, national, and global activities. Read more…>> http://www.kauffman.org/global-entrepreneurship-week-2010-designed-to-create-life-changing-experiences-and-spur-firm-creation-around-the-globe.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

Forum Focuses on Moving Translational Medicine to Patients
The 2010 Translational Medicine Alliance Forum brought together leaders from academia, government agencies, and pharmaceutical, biotechnology, and venture industries to accelerate the progress of translational medicine. The forum opened with the release of the “Personalized Health Manifesto,” a call to arms and action plan for a new age of health care. The Kauffman Foundation, Adjuvant Global Advisors, and the Center for Emerging Technologies formed the alliance in 2007 to address what many perceive to be an international leadership vacuum in translational medicine. Read more…>> http://sites.kauffman.org/tmaf/?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

New Kauffman Award Recognizes Leaders in Commercialization
Carnegie Mellon University, the University of Missouri System, and the University of North Carolina at Chapel Hill have been named Kauffman Commercialization Leaders. The award recognizes the universities for their creative approaches to help accelerate the process of bringing student and faculty innovations to market. Read more…>> http://www.kauffman.org/newsroom/new-kauffman-foundation-award-recognizes-leaders-in-commercialization.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

Report Seeks to Focus Reform Efforts in Kansas City Schools
A new study conducted by IFF and funded by the Kauffman Foundation shows that 88 percent of students in district and charter public schools within the Kansas City, Missouri School District boundaries attend a school that does not meet Missouri state standards for academic performance. The report highlights the importance of focusing reform and school improvement efforts on neighborhoods with the highest need and recommends action steps to move forward. Read more…>> http://www.kauffman.org/newsroom/report-finds-88-percent-of-all-students-in-kansas-city-mo-school-district-do-not-attend-a-performing-school.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

Kauffman Support will Build on Startup Weekend Model
A Kauffman Foundation grant to Startup Weekend will support the development and expansion of the nonprofit organization’s efforts to educate entrepreneurs through community building and innovation. Startup Weekend hosts 54-hour events that educate aspiring entrepreneurs by immersing them in the process of moving an idea to market. During this year’s Global Entrepreneurship Week, the organization will hold the first Global Startup Battle, an event designed to challenge and inspire entrepreneurs from around the world. Read more…>> http://www.kauffman.org/newsroom/kauffman-foundation-partners-with-startup-weekend-to-help-educate-entrepreneurs.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010

Study Suggests Back-to-Basics Solutions for Budget Shortfalls
Cutting back on services and increasing taxes won’t be enough to stabilize state and municipal finances, even when the economy fully recovers. According to a new report from the Milken Institute and the Kauffman Foundation, it’s going to require paradigm shifts: a fundamental restructuring of budgets and the entire budgeting process, sustainable revenue generation, new efficiencies, and federal and state partnerships. Read more…>> http://www.kauffman.org/newsroom/new-report-from-milken-institute-and-kauffman-foundation-examines-back-to-basics-solutions-to-address-shortfalls-in-state-and-municipal-budgets.aspx?utm_source=Newsletter&utm_medium=Opticast&utm_campaign=Ideas_At_Work_10_2010