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November 18, 2008

"Global Entrepreneurship Week's A-List Ambassadors"

From Market Watch:

"From California's governor and Britain's prime minister to hip-hop legends, TV stars and renowned innovators, entrepreneurial celebrities are lending their fame and support as ambassadors of Global Entrepreneurship Week. . . .             Global Entrepreneurship Week ambassadors have signed on to promote, support and participate in events during the Week. Because each ambassador is different, so is his or her involvement -- Gov. Schwarzenegger, for example, is kicking off the Week with Carl Schramm, CEO and president of the Kauffman Foundation, in Los Angeles, and P. Miller (formerly Master P) is a keynote speaker at a hip hop and entrepreneurship event in Kansas City, Mo."

The results from a Kauffman-funded project with the Information Technology and Innovation Foundation (ITIF) are in. Which states are the best to handle the coming "New Economy" (after the current market downturn)?

Massachusetts, Washington, Maryland, Delaware, New Jersey, Connecticut, Virginia, California, New York and Colorado.

Just how did they come up with those states?

ITIF considers 29 factors in determining which states are the most - and least - "New Economy." These indicators included, among other things, start-up activity, education, venture capital investment, IPOs, patents and alternative-energy.

Those data points were then grouped into five meta categories that the ITIF says embodies the New Economy: knowledge jobs, globalization, transformation into a digital economy, technological innovation capacity and economic dynamism.

"The index is a composite of variables," said [Rob] Atkinson [President of ITIF]. "But economic dynamism, which measures factors such as the number of fast-growing gazelle companies and value of IPOs, is more important than, say, globalization or a digital economy at influencing the new economy leadership.

How does your state stack up?  Click here to find out!

Comments

I'd also include Tim Kane to the list of "A-List Ambassadors"

Mr. Kane, it was great listening to your presentations.

I look forward to reading about you and continuing to read your great works in the future,

All the Best

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Authors

  • Tim Kane
    Senior Fellow at the Kauffman Foundation, former entrepreneur, and veteran Air Force officer.
  • Dane Stangler
    Senior Analyst in the Office of the President at the Kauffman Foundation
  • Bob Litan
    VP of Research and Policy at the Kauffman Foundation, and former White House official.