Social Capital Wins over Financial and Human Capital

Entrepreneurship can spur economic growth and job creation. As a result, state and local governments are seeking ways to establish entrepreneurial ecosystems. One way to strengthen an ecosystem is to increase its social capital. Social capital is the networks of relationships among people who work in a particular field. Lack of social capital is among the top reasons that nine out of ten startups fail. Money and skills are not enough for success in entrepreneurship. Aspiring entrepreneurs als...
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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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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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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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Entrepreneurship Weekly Roundup: 12/02/2016

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: Keep Austin Entrepreneurial Eliza Martin, Research Assistant, McNair Center for Entrepreneurship and Innovation In 2016, Austin was ranked as the number one U.S. city for startup activity by the Kauffman Foundation. Austin’s entrepreneurial ecosystem began in the 1970s and 1980s, and was orig...
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Entrepreneurship Weekly Roundup: 11/11/2016

Weekly Roundup is a McNair Center series compiling and summarizing the week's most important Innovation and Entrepreneurship news. Here is what you need to know about entrepreneurship this week: Small Businesses Can Expect Policy Changes Under Trump The Associated Press Entrepreneurs might expect policy shifts under a Trump presidency. Trump has released his plan for his first 100 days in office. However, much uncertainty over his policies and objectives remains. The battle over heal...
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