Archive for the ‘Ewing Marion Kauffman Foundation’ Category

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.

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Entrepreneurship’s Role in Economic Development

June 26, 2014 Comments off

Entrepreneurship’s Role in Economic Development
Source: Ewing Marion Kauffman Foundation

For decades, one of the principal state and local economic development tools has been tax incentives. Every state offers incentives in one form or another to retain business and attract businesses from other states. According to one survey, 95 percent of U.S. municipalities also use such incentives.

Some policymakers have expressed a desire to end this practice but feel stuck in an arms race. They fear they cannot unilaterally forgo incentives because others use them, so they create ever-increasing incentive packages in an effort to compete.

Although some incentives may be economically justified in terms of jobs and productivity, in the midst of an arms race it’s difficult to tell what is and is not effective in creating jobs.

One thing that is known is that this practice costs taxpayers billions of dollars each year. Estimates put the annual cost near $70 billion. Moreover, incentives targeting existing companies miss the economy’s real engine of job creation: new and young businesses, which create nearly all net new jobs in the United States, a fact that also holds true at the state and city level.

New Kauffman Policy Digest Offers States Policy Alternatives that Spur Entrepreneurial Growth

June 12, 2014 Comments off

New Kauffman Policy Digest Offers States Policy Alternatives that Spur Entrepreneurial Growth
Source: Ewing Marion Kauffman Foundation

State tax incentives – often used to attract or retain existing businesses – aren’t always the best way to stimulate economic growth.

According to a new Entrepreneurship Policy Digest released today by the Kauffman Foundation, these programs, while sometimes economically justified, often overlook the businesses that create most new jobs – namely, new companies.

The Policy Digest offers alternative strategies for states to either improve their existing incentive programs or boost job creation by fostering firm formation.

“States spend tens of billions of dollars each year trying to entice businesses to locate within their borders, but these policies often miss the real job creators: new and young businesses,” said Jason Wiens, policy engagement manager at the Kauffman Foundation. “Alternative economic development strategies exist that focus on entrepreneurial growth without incurring costly tax incentives.”

A New Market Access Path for Repurposed Drugs

June 3, 2014 Comments off

A New Market Access Path for Repurposed Drugs (PDF)
Source: Ewing Marion Kauffman Foundation

A diverse set of stakeholders within health care came together in the fall of 2013 to brainstorm potential new commercial paths for repurposed drugs for the treatment of rare diseases. This report highlights some of the identified solutions that potentially could create the right set of incentives for the efficient and accelerated development and delivery of needed therapies for patients suffering from rare diseases.

Kauffman Index of Entrepreneurial Activity

May 21, 2014 Comments off

Kauffman Index of Entrepreneurial Activity
Source: Ewing Marion Kauffman Foundation

The Kauffman Index of Entrepreneurial Activity is a leading indicator of new business creation in the United States. Capturing new business owners in their first month of significant business activity, this measure provides the earliest documentation of new business development across the country. Analysis of matched monthly data from the Current Population Survey (CPS) allows for comparisons of the percentage of the adult, non-business owner population that starts a business over time. In addition to this overall rate of entrepreneurial activity, separate estimates for specific demographic groups, states, and select metropolitan statistical areas (MSAs) are presented. The Index provides the only national measure of business creation by specific demographic groups.

Report on Factors that Boost Metro Startup and Growth Rates Dispels Myths, Emphasizes Importance of Education

February 3, 2014 Comments off

Report on Factors that Boost Metro Startup and Growth Rates Dispels Myths, Emphasizes Importance of Education
Source: Ewing Marion Kauffman Foundation

A Kauffman Foundation report being released today highlights the impact of education on rates of business startups and growth in metropolitan areas, while disputing the impact of certain factors that previously have been touted for their influence.

The paper, “Beyond Metropolitan Startup Rates: Regional Factors Associated with Startup Growth,” reports on entrepreneurship activity in 356 U.S. metros as examined from three angles: the startup rate for all industries, the startup rate for high-tech sectors and the rate for high-growth firms.

Contrary to the conclusions of most earlier studies, this regionally focused analysis found that the public sector can affect few significant factors to encourage entrepreneurship. For example, despite billions of dollars in government research expenditures, which widely are believed to trickle down to the private sector, area research universities and patents do not contribute to higher rates of entrepreneurship.

How Cities Can Nurture Cultural Entrepreneurs

December 19, 2013 Comments off

How Cities Can Nurture Cultural Entrepreneurs
Source: Kauffmann Foundation

This paper, released a the first-ever Mayors Conference during Global Entrepreneurship Week 2013, discusses the importance of cultural entrepreneurs, particularly since the Great Recession. Author Ann Markusen of the University of Minnesota provides concrete steps that mayors and the public sector can follow to promote cultural entrepreneurship.

Economists and city planners increasingly have documented the roles artists play in local economies. As cities have better understood artists’ contributions to the metropolitan economic base – for example, by attracting cultural industry firms and bringing in income from outside the city through exports of books, recordings, visual art and other creations – their appreciation of and support for artists also have grown.

Noting that artists are many times more likely to be self-employed than are scientists and engineers, and that traditional policies and services don’t effectively support artists’ aspirations and occupational training needs, the paper offers seven strategies that mayors and city council members may champion to foster creative entrepreneurs:

  • Know who your local artists are.
  • Encourage convening and equipment-sharing artists’ centers.
  • Develop sustainable artist studio and live/work buildings.
  • Provide entrepreneurial training tailored to artists and designers.
  • Build networking and marketing opportunities for artists.
  • Embed artists in city development strategies.
  • Partner with local arts and policy faculty for entrepreneurial research and training.

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