The recent ruling by the California Labor Commission the declared an Uber driver was an employee rather than an independent contractor sent shockwaves through the sharing economy – with policy implications that will reverberate for quite some time. Lisa Gansky was at the forefront of the sharing trend when she founded Ofoto, a photo-sharing service launched in 1999, that was bought out by Eastman Kodak and eventually folded into Shutterfly. Read More >
Members of Congress are back home this week for a state/district work period during the Independence Day recess. They will return to Washington next Monday. Read More >
Aspiring entrepreneurs take different paths to launch their first startup. Some wait until they near retirement. Some drop out of college hoping to become the next Mark Zuckerberg. Others don't even make it that far. For those who decide to pursue an MBA as a first step, a new study from the Financial Times outlines the top programs for entrepreneurs -- with seven of the top 10 in the United States. Read More >
As members of Congress look ahead to the Independence Day recess next week, most talk on Capitol Hill this week will focus on trade and looming spending battles. In the meantime, there are several scheduled committee hearings to note.Read More >
Last week, we highlighted the fact that entrepreneurial optimism in the U.S. was rising slowly. According to a recent study by EY, that isn't necessarily the case elsewhere in the world. Which country has the highest confidence in its own economy as well as the global economy? China. Read More >
In 2014, over 190,000 US entrepreneurs and small businesses exported to consumers on at least four continents. That is an absolutely astounding figure when you consider that the US Commerce Department reports that less than 1 percent of all businesses in America export. For the first time in history, nearly every entrepreneur and small business can use technology to reap the benefits of trade on a global scale, an opportunity traditionally open to only the largest multinational corporations. We are entering the age of micro-multinationals. Read More >
The latest data from the Small Business Economic Trends research being done by the NFIB Research Foundation shows optimism slowly moving in the right directionRead More >
In pursuit of sparking their entrepreneurship ecosystems, cities are getting smarter at empowering local civic entrepreneurs to solve municipal challenges while catalyzing new local industries. According to Donna Harris of the Washington D.C.-based startup incubator 1776, a key ingredient is connectivity.Read More >
A number of pieces of legislation impacting the entrepreneurial economy will be aired on Capitol Hill over the coming week. Read More >
The U.S. economy reversed a five-year downward trend in startup activity last year with a big jump in the number of new entrepreneurs.Read More >
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