The Carried Interest Debate

In the 2016 election, carried interest and its taxation was a hot topic. Often explained as a “loophole” that allows the rich to exploit tax codes, carried interest is not a political issue that clearly fits within party lines. Lobbying by the financial sector occurs on both sides of the political aisle, and there are opponents and supporters within both parties. What are the dynamics of this debate, and what are the arguments for whether carried interest should be taxed differently? Private In...
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Weekly Roundup on Entrepreneurship 3/31

Weekly Roundup is a McNair Center series compiling and summarizing the week’s most important Entrepreneurship and Innovation news. Here is what you need to know about entrepreneurship this week: Business Groups Hope Trump Can Change Health Law by Administrative Action Jeffrey Sparshott, Reporter, The Wall Street Journal Juanita Duggan, CEO of the National Federation of Independent Businesses, described the unraveling of the American Health Reform Act as “a dismal failure.” Despit...
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Global Policy Uncertainty and U.S. Stock Trends

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The Financial Times has predicted that “the rise of Donald Trump may already be casting a shadow over the global economy.” When it comes to the Trump Administration, the world is unsure what policies to expect. Trump’s positions on international trade and tendency toward nationalist policies are a concern for the rest of the world. However, the U.S. stock market is performing at record-breaking highs. Economic research has linked policy uncertainty to stock market slowdowns. If this is so, wh...
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Weekly Roundup on Entrepreneurship 3/24/17

Weekly Roundup is a McNair Center series compiling and summarizing the week’s most important Entrepreneurship and Innovation news. Here is what you need to know about entrepreneurship this week: Congress Turns Its Attention to Entrepreneurship and Innovation — But Does It Take Effective Action? Anne Dayton, Research Manager, McNair Center The 115th Congress has passed 3 bills this legislative session relating to entrepreneurship and innovation. The tally seems abnormally high consideri...
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Congress Turns Its Attention to Entrepreneurship and Innovation—But Does It Take Effective Action?

Legislation passed during the first three months of  the 115th Congress pays disproportionate attention to entrepreneurship and innovation. McNair Center research shows that in a typical congressional session, less than 2 percent of legislation introduced is relevant to E&I issues. As of March 23, three of the ten bills that have become law during the 115th Congress directly address entrepreneurship and innovation. A focus on entrepreneurship and innovation issues does not alone make for ef...
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Entrepreneurship Weekly Roundup 3/10/17

Weekly Roundup is a McNair Center series compiling and summarizing the week’s most important Entrepreneurship and Innovation news. Here is what you need to know about entrepreneurship this week: A Tale of Untapped Potential: Cincinnati Eliza Martin, Research Assistant, McNair Center for Entrepreneurship and Innovation McNair’s Martin focuses on Cincinnati's entrepreneurial ecosystem this week. While this midwestern city might appear a surprising or unlikely choice, many of Cincinnati...
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A Tale of Untapped Potential: Cincinnati

Cincinnati is positioning itself as an entrepreneurial ecosystem.
When you think of an emerging entrepreneurial ecosystem, you probably think of Austin, Texas or Boulder, Colorado, not a moderately sized city deep in the heart of the Midwest. But Cincinnati's entrepreneurship ecosystem is positioning itself as a good place to start a high-growth, high-technology startup firm. The Fortunate 500 companies that call Cincinnati home, such as Kroger, P&G and Macy's, have been investing in their local ecosystem through a nonprofit organization. The result...
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Wanted: More Women Entrepreneurs

Introduction The increase of women in the workforce in the twentieth century drove U.S. GDP growth to new highs. However, as U.S. growth slowed, so did the rate of women entering the workforce. Pushing for equal representation in fields where women have been historically underrepresented may be the key to stimulating our economy. Women’s entrepreneurship is one of these fields. Lauded by the Kauffman Foundation as an "economic tailwind that will give a boost to twenty-first-century growth" i...
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Entrepreneurship Weekly Roundup 3/3/17

Weekly Roundup is a McNair Center series compiling and summarizing the week’s most important Entrepreneurship and Innovation news. Here is what you need to know about entrepreneurship this week: Crowdfunding Tay Jacobe, Research Assistant, McNair Center for Entrepreneurship and Innovation This week, McNair’s Jacobe analyzes a relatively new phenomenon in capital fundraising: crowdfunding. Crowdfunding enables startups and entrepreneurs to raise capital for their businesses, without g...
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Crowdfunding

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What is crowdfunding? Crowdfunding is constantly evolving and hard to define. Elizabeth M. Gerber at Northwestern University defines crowdfunding as “an open call over the Internet for financial resources in the form of a monetary donation, sometimes in exchange for a future product, service or reward.” Due to the ease and availability of crowdfunding sites, crowdfunding has changed the way entrepreneurs source funds. A typical modern crowdfunding campaign begins with a page on a crowdfundin...
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