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Archive for the ‘small business and entrepreneurship’ Category

Promoting Entrepreneurship: Innovations in State Policy

September 22, 2014 Comments off

Promoting Entrepreneurship: Innovations in State Policy (PDF)
Source: National Conference of State Legislature

A widely accepted and enduring claim is that entrepreneurial activity is vital for healthy economic growth. Yet despite their importance to the economy, entrepreneurs are not always well-supported by state policy.

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eMed eBook Series

September 18, 2014 Comments off

eMed eBook Series
Source: Ewing Marion Kauffman Foundation

Sign up for the Kauffman Foundation’s eMed eBook series featuring insights from healthcare entrepreneurs who share their real-world experiences with other founders making their way in the healthcare space.

The ongoing series will address topics that matter to healthcare entrepreneurs – approaches and solutions that will help break through to their customers (whether they’re hospitals, insurance companies, patients or beyond).

The eBook content is sourced from stories told every week on eMed, the home for healthcare entrepreneurship.

Faith and Work: An Exploratory Study of Religious Entrepreneurs

September 9, 2014 Comments off

Faith and Work: An Exploratory Study of Religious Entrepreneurs
Source: Religions

The influence of religion on work has not been fully explored, and, in particular, the relationship between religion and entrepreneurship as a specific type of work. This study explores the link between entrepreneurial behavior and religion. The study finds that religion, for entrepreneurs, is highly individualized, leading to the initial impression that religion and work have no relationship. Upon closer inspection, however, the study finds that religion does shape entrepreneurial activity. Entrepreneurial activity is impacted by a need for the entrepreneurs to reinterpret their work in religious terms, ending the tension for them between faith and work.

Rise of the Startup City: The Changing Geography of the Venture Capital Financed Innovation

September 8, 2014 Comments off

Rise of the Startup City: The Changing Geography of the Venture Capital Financed Innovation
Source: Martin Prosperity Institute (Richard Florida)

Virtually the entire modern literature on urban economics – from Jane Jacobs and Robert Lucas to Edward Glaeser and Richard Florida – highlights the role of clustering, density, and diversity of the sort found in cities as key drivers of innovation. Dense urban areas are more productive. They are where highly skilled talent is drawn both to be around other talented people and to enjoy abundant amenities. They are the centers of the kinds social and industrial diversity needed to power creativity and innovation. They give rise to and facilitate the overlapping knowledge and professional networks through which knowledge and ideas spread. They are the places where people from diverse backgrounds can find one another and combine their talents. They are literally defined by their speed of connections and faster urban metabolisms. More than any other social or economic organism, cities are incubators for new ideas, new innovations and new enterprises. In a recent review of the broad literature on urbanism and innovation, economists Gerald Carlino and William Kerr write that: “three-quarters of the U.S. population resided in metropolitan areas. By contrast, 92 percent of patents were granted to residents of metropolitan areas, and virtually all VC investments were made into major cities.”

CRS — Small Refineries and Oil Field Processors: Opportunities and Challenges (August 11, 2014)

September 4, 2014 Comments off

Small Refineries and Oil Field Processors: Opportunities and Challenges (PDF)
Source: Congressional Research Service (via Federation of American Scientists)

The last refinery constructed in the United States opened in 1977. Since the mid-1980s, some 150 have closed as part of an industry-wide consolidation. Over the same time, the remaining refineries expanded their operational capacity by 23% to keep up with increasing demand. Current U.S. refining capacity appears to satisfy if not exceed demand as the increasing export of refined petroleum products would seem to suggest. Notwithstanding the current surplus capacity, opportunities for new refineries appear to have emerged as the result of the rise in production of U.S. light-sweet crude oil from unconventional resources such as North Dakota’s Bakken and Texas’ Eagle Ford formations. These new resources have revitalized some refinery operations that formerly depended on imported light crude oil, thereby making the smaller refineries more competitive with large refineries that process more widely available heavy-sour crude oil. Rising domestic crude oil production has not only led U.S. refineries to export their petroleum products, but has led some oil producers to attempt to bypass refining and export crude oil condensates directly. However, Department of Commerce regulations currently restrict crude oil exports. Whether condensates fall under a refined product classification or crude oil remains an unresolved issue, and one that Congress may choose to take up. Congress may also consider whether small businesses face inherent disadvantages in entering an industry dominated by large complex refinery operators.

Informal Sector and Conditions of Employment in India

September 1, 2014 Comments off

Informal Sector and Conditions of Employment in India (PDF)
Source: Government of India, Ministry of Statistics & Programme Implementation

This report presents the estimates of usual status workforce engaged in various enterprises in the non-agricultural sector and AGEGC sector (i.e., part of the agricultural sector excluding growing of crops, plant propagation, combined production of crops and animals) with special reference to those engaged in the information sector (proprietary and partnership enterprises). The report also provides the estimates of usual status employees in the AGEGC and non-agricultural sectors, with various conditions of their employment.

Hat tip: IWS Documented News Service

Self-employed workers in the UK – 2014

August 29, 2014 Comments off

Self-employed workers in the UK – 2014
Source: Office for National Statistics

Key Points

  • Self-employment higher than at any point over past 40 years
  • Rise in total employment since 2008 predominantly among the self-employed
  • Rise predominately down to fewer people leaving self-employment than in the past
  • The number of over 65s who are self-employed has more than doubled in the past 5 years to reach nearly half a million
  • Self-employed workers tend to be older than employees and are more likely to work higher (over 45) or lower (8 or less) hours
  • The number of women in self-employment is increasing at a faster rate than the number of men (although men still dominate self employment)
  • The most common roles are working in construction and taxi driving and in recent years there have been increases in management consultants
  • Average income from self-employment fallen by 22% since 2008/09
  • Across the European Union the UK has had the third largest percentage rise in self-employment since 2009
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