Small Business Administration Announces a Startup America Entrepreneurial Mentor Corps

The Small Business Administration (SBA) announced a new pilot program that will to support more than 1,000 startup and earlystage firms across the country. The goal of the Entrepreneurial Mentor Corps' (EMC) is to mobilize members of the current generation of successful business owners to mentor and support startups and entrepreneurs to help them become the next generation of great American companies. In February, SBA Administrator Karen Mills announced one of the EMC's first initiatives to match approximately 100 clean energy startups with mentors.

NY Governor Wants to Create Regional Councils, Consolidate NYSTAR

Gov. Andrew Cuomo announced plans to direct $200 million in existing funds to establish 10 regional economic development councils to allocate funds and provide business assistance programs across the state. At the same time, the governor would consolidate programs supporting high-tech companies currently administered by the New York State Foundation for Science, Technology and Innovation (NYSTAR) with the Empire State Development Corporation (ESDC) — a move he says will eliminate duplicative functions and save the state $1.9 million in the coming year.

Tech Talkin' Govs: Part I

The 11th Annual Tech Talkin' Govs series highlights new and expanded TBED proposals from governors' State of the State, Budget and Inaugural Addresses across the nation. The first edition includes excerpts from speeches delivered in the following states:

Cities’ Roles in Knowledge Economy Focus of Prestigious Canadian Award

The Conference Board of Canada earlier this week named David Wolfe, professor of political science and co-director of the Program on Globalization and Regional Innovation Systems (PROGRIS) at the University of Toronto Mississauga's Centre for International Studies, as its fifth Scholar in Residence. Begun in 2005, the board’s prestigious scholar-in-residence program so far has focused on broader national issues such as regulatory reform and an emerging new federalism. Dr.

Regional Subsidies and Industrial Prospects of Lagging Regions

The authors undertake a direct evaluation of a fiscal incentive policy in Brazil, the Fundos Constitucionais de Financiamento (Constitutional Funds). Findings indicate that the pull of firm headquarters is very strong relative to the constitutional funds for vertically integrated firms, but that, with nonparametric controls for time invariant spatial heterogeneity, the funds provide significant incentives for firms in many of the targeted industries.

Learning-by-Producing and the Geographic Links Between Invention and Production: Experience From the Second Industrial Revolution

This paper investigates the impact of learning-by-
producing on inventive activity and shows that, in both
emerging and maturing industries, the geographic association between invention and production was rather weak during the Second Industrial Revolution. The findings suggest that scholars have over--emphasized the importance of learning-by-producing in accounting for the geographic differences in inventive activity, and underestimated the significance of technical skills or human capital amongst the population.

Towards a Unifying Approach of the New Economic Geography

This paper approaches the properties of the footloose entrepreneur class of new economic geography models with a unifying framework based on the indirect utility function of mobile agents. This framework allows the authors to show how specific results in the literature can be reconciled as special cases, thereby allowing them to highlight the origin of their differences.

The Effect of New Business Formation on Regional Development over Time: The Case of Germany

This paper investigates the effects of new business formation on employment change in German regions. The different phases of the effects of new business formation on regional development are relatively pronounced in agglomerations as well as in regions with a high-level of labor productivity. In low-productivity regions, the overall employment effect of new business formation activity might be negative. The interregional differences indicate that regional factors play an important role.