PDE-News (10/18/10): Chinese Leaders Visit GEW Global in Washington, DC

A Bright Future for Entrepreneurs in China
The China we knew as the enormous economy largely fueled by cheap labor and inexpensive manufacturing has changed. Though happening slowly compared to its potential, China is becoming one of the most innovative economies on the planet and the birthplace of entrepreneurs like Robin Li, CEO of Baidu, who are entrepreneurial rock stars at home and around the world. Entrepreneurial capitalism seems to be taking hold in China. How is entrepreneurship overcoming the roadblocks of a planned economy? Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/October/A-Bright-Future-for-Entrepreneurs-in-China.aspx

Action Plan for New Age of Health Care
Last week I participated in an interesting gathering in Washington, DC of top medical and policy experts who issued a new health care manifesto that might be of interest to entrepreneurs in the space. Hosted by the Council for American Medical Innovation, FasterCures and the Kauffman Foundation, the 2010 Translational Medicine Alliance Forum (TMAF) brought together leaders from academia, government agencies, and pharmaceutical, biotechnology, and venture industries to discuss models to enable and accelerate the progress of translational medicine. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/October/Action-Plan-for-New-Age-of-Health-Care.aspx

New World Bank Data on New Business Creation
While the global financial crisis impacted almost all new entrepreneurs, it began in developed countries and hit their entrepreneurs harder. As a result, in richer countries, new business creation dropped sharply amid the crisis. In contrast, new business registrations in many low-income countries didn’t change much. These are the findings in The 2010 World Bank Group Entrepreneurship Snapshots, which presents data collected about newly registered companies in 112 countries and was released recently. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/October/New-World-Bank-Data-on-New-Business-Creation.aspx

A Look Back at Innovation Daily
Each day, Innovation Daily checks the pulse of global innovation — courtesy of Innovation America and its founder, Rich Bendis. Here, we take a look at a handful of relevant stories it compiled from last week. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/October/A-Look-Back-at-Innovation-Daily-1218.aspx

This Week in Entrepreneurship Policy
Both houses of Congress are home campaigning for the upcoming elections. The House formally adjourned last week by a vote of 210-209. Members will return following the November elections, with a very likely possibility of a shift in the balance of power in the House back to a Republican majority. While the Senate is still technically in session, thanks to a deal between Senate Democrats and Republicans aimed at blocking recess appointments by President Obama, no substantial business will be conducted. Read more…>> http://www.entrepreneurship.org/en/Blogs/Policy-Forum-Blog/2010/October/A-Look-Back-at-Innovation-Daily-1218.aspx