Ideas and Insights
This edition of Ideas at Work previews seven new books related to entrepreneurship and innovation. All of the titles will be available this year.
The Entrepreneurial Bookshelf
Books Offer New Insights into Innovation and Entrepreneurship
Seven new books funded by the Kauffman Foundation will be out this year to offer fresh perspectives on the field of entrepreneurship. Written by leading scholars from a wide range of academic disciplines, the titles explore innovation and entrepreneurship in theory and practice.
Preview The New Titles
More news from the Foundation:
Robots Rumble Into Kansas City This Week
The Greater Kansas City Regional FIRST Robotics Competition will be held March 2 and 3 at Hale Arena in Kansas City, Mo. The Kauffman Foundation is the founding sponsor of the event and many of the local high school teams receive support from the Kauffman Foundation. Sixty-four teams, including 35 from Greater Kansas City area high schools, along with teams from Arkansas, Colorado, Illinois, Iowa, Nebraska, Oklahoma, and Wisconsin will try to advance to the National Championship, which will be held at the Edward Jones Dome in St. Louis, April 25-28.
State of Entrepreneurship Address Unfolds Roadmap for Growth
Benno Schmidt, interim president and CEO of the Kauffman Foundation, delivered the third annual State of Entrepreneurship Address this month at the National Press Club in Washington, D.C. The address explored methods of promoting entrepreneurship, sparking innovation, and accelerating economic growth through low-cost changes in state law and policy. In conjunction with the address, the Foundation released two reports: "Startup Act for the States," which lays out an agenda for state-level policymakers to foster entrepreneurship, and "License to Grow," which showcases barriers to entrepreneurship imposed by state and local governments.
Startup Confidence Index Shows Optimism Prevails Among Startups
The first in a series of quarterly surveys to gauge entrepreneurial confidence reveals that owners of startup companies are optimistic about 2012. Released by the Kauffman Foundation and LegalZoom, the Startup Confidence Index includes the following findings:
- More than one-fourth of the respondents said they plan to hire additional staff in 2012, and twice as many of them expect the economy to improve or stay the same (68 percent) as those who expect it to deteriorate (31 percent).
- Three out of four business owners think consumer demand either will stay the same or increase, a perspective that likely is informing their positive feelings about the economy.
- Eighty-one percent are confident or very confident that their businesses will be more profitable in the next 12 months than they are today.
Latest Kauffman Sketchbook Celebrates the 'Maker' Spirit
In a new Kauffman Foundation sketchbook video titled "Make It Happen," Tim O'Reilly, founder and CEO of O'Reilly Media, recalls the launch of Make Magazine and Maker Faire, and says that hobbyists playing with new technologies have often led the way into hotbeds of a new industry. The video pays tribute to the crazy ideas, fun projects, and new technologies that people spend time working on with no idea that their pastime could turn into a business. "They're doing it because they love it and because they're excited about it," says O'Reilly.
Watch the Video
Julia Kauffman and Michael Schultz Join Board of Trustees
Julia Irene Kauffman and Michael Schultz have joined the Ewing Marion Kauffman Foundation's Board of Trustees. Julia is chairman and CEO of the Muriel McBrien Kauffman Foundation, which focuses on support of the performing and visual arts in the Greater Kansas City area. In 1995, she was designated chairman of the Board of the Kauffman Center for the Performing Arts and spearheaded the effort to build the Center, which opened in downtown Kansas City last September. Michael Schultz is senior vice president of Morgan Stanley Smith Barney in Kansas City, which he joined in 2008. With a 40-year career in the investment and financial services industry, his previous roles included managing director of Sales for UBS (2000-2008), managing director of Sales for Piper Jaffray (1990-2000), director of Trading/Sales and member of the Management Committee for George K. Baum & Company (1980-1990), and manager of the Institutional Department for Merrill Lynch (1969-1980).
Kauffman to Convene First Life Science Ventures Summit
The Foundation will hold the Kauffman Life Science Ventures Summit this year to help life science startups clear the complex and daunting hurdles new enterprises in industry face. Applications are now been accepted from founders of early-stage medical device, therapeutics, diagnostics, and digital health companies. The inaugural Kauffman Life Science Ventures Summit will be held June 22-23, at the Mission Bay Conference Center at the University of California-San Francisco.
Report Outlines Route for Startups to Cross the 'Valley of Death'
A new report released by the Kauffman Foundation suggests that both startup activity and investment would be increased by a permanent tax exemption on capital gains on investments in startups held for at least five years. "A Market-Based Approach for Crossing the Valley of Death: The Benefits of a Capital Gains Exemption for Investments in Startups," outlines an approach that would reduce risk and enhance after-tax rewards for long-term investment in these important startups.