PDE-News (7/11/11): Egypt’s Young Entrepreneurs

Egypt’s Young Entrepreneurs
Last June, the United Nations Development Program released its Human Development Report for Egypt, which noted that 90 percent of the country’s unemployed, estimated to be 8 million, were younger than 30. Not surprisingly, time and again at post-revolution gatherings of political leaders and civil sector organizations set on creating a clear roadmap for the country’s political and economic development, youth entrepreneurship emerges as a key recommendation. Read more…>>http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/Egypts-Young-Entrepreneurs.aspx

From the Policy Dialogue on Entrepreneurship Blog
New Firms Starting Smaller, Growing Slower
Companies established in 2009 could employ one million fewer people than the historic norm. That is the alarming bottom line from a recent Kauffman study that shows the U.S. jobs problem pre-dates the Great Recession of 2007-2009. The research suggests that the country faces a far more fundamental employment challenge-a long-term trend that the researchers call a slow jobs “leak.” Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/New-Firms-Starting-Smaller-Growing-Slower.aspx

Former Clinton Advisor Points to Startups
In the June issue of Newsweek, former US President Bill Clinton put forward a dozen or so ideas on how to attack the jobs crisis (cleverly titled, of course, ‘It’s Still the Economy Stupid’). One of those ideas was ‘More Cash for Startups’ where he talked about a plan by the Obama Administration to allow converting tax credits to cash equivalents tied to the number of employees hired for green jobs and startups. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/Former-Clinton-Advisor-Points-to-Startups.aspx

Switzerland Tops Global Innovation Index
According to the latest Global Innovation Index, Switzerland tops a list of 125 economies around the world as the most innovative-up three spots from last year’s rankings. The study is conducted by INSEAD, one of the world’s most well-known business schools, and evaluates economies based on their scientific and creative innovation outputs, as well as innovation inputs in five categories: institutions; human capital and research; infrastructure; market sophistication; and, business sophistication. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/Switzerland-Tops-Global-Innovation-Index.aspx

A Look Back at Innovation Daily (July 11 – July 17)
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. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/A-Look-Back-at-Innovation-Daily-July1117.aspx

This Week in Entrepreneurship Policy (July 11 – July 17)
Commercialization and job creation in nanotechnology get a look from the Senate Committee on Science, Commerce & Transportation this week, while a joint hearing on “Tax Reform & the Tax Treatment of Debt and Equity” brings together the House Committee on Ways & Means and the Senate Finance Committee. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2011/July/This-Week-in-Entrepreneurial-Policy-July-11.aspx