Kauffman Foundation report on entrepreneurship
The Kauffman Foundation has released a new report on increasing entrepreneurship in the US economy. The report’s foundational assumption is that entrepreneurs have created most of the new technologies and business models that have fueled our nation’s staggering productivity growth in the past few decades.
The central policy recommendations of the report are
- “Ensuring a skilled workforce” by improving K-16 education and beyond in math, science, and entrepreneurial thinking, as well as making it easier for skilled and educated immigrants to work in the US.
- “Reforming health care” to reduce costs and risks for the self-employed and small businesses.
- “Promoting innovation” by reforming the patent system, increasing commercialization of university research, and monitoring foreign R&D activity for new ideas.
- “Limiting overly burdensome regulation and liability litigation,” which have a greater effect on entrepreneurial firms than on large established corporations.
