(WASHINGTON), Feb. 8, 2011 – Following President Obama's increased focus on regulatory reform and his call for innovation during the State of the Union Address, and on the heels of the Startup America Partnership launched last week, Carl Schramm, president and CEO of the Ewing Marion Kauffman Foundation, today urged policymakers to adopt specific rule changes that will accelerate economic growth through innovation and entrepreneurship. At the second annual Kauffman State of Entrepreneurship Address, titled "The Rules for Growth," Schramm cited data illustrating that the majority of all job creation in the United States is driven by young firms and emphasized how changes to specific laws and regulations could enable startups to grow more rapidly without adding to the deficit.
Kauffman also released today its groundbreaking new book, Rules for Growth, which features comprehensive essays prescribing a new set of policies for policymakers, legal scholars, economists and business leaders to accelerate economic growth and innovation.
The policies discussed here today are meant to serve as a roadmap for policymakers who want to help create the conditions that will contribute to higher rates of innovation and growth, improved living standards and better lives for people in the United States and throughout the world," said Schramm. "These efforts will require a thoughtful re-examination of how laws and institutions affect economic growth and the types of adjustments we can make as a nation to incubate high-growth firms."
To read the full, original article click on this link: The State of Entrepreneurship: Will Entrepreneurs Increase Hiring and Contribute to GDP Growth in 2011?
