Reducing Recidivism through Entrepreneurship

Reducing Recidivism through Entrepreneurship High rates of recidivism in the United States negatively affect prisons, inmates, the government and tax-paying citizens. In 2013, the U.S. imprisoned 2,220,300 people. A Bureau of Justice Statistics study found that within three years of release, 67.8% of released prisoners were rearrested. Within five years, 76.6% of released prisoners were rearrested. Researchers typically link recidivism to unemployment, low levels of education, mental health ...
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Patents and the Cancer Moonshot

Patents and the Cancer Moonshot: How Subject Matter Eligibility Affects Research When standard cancer treatments fail, some doctors are turning to the developing field of immunotherapy. Immunotherapy involves treatments that use the patient’s own immune system to combat cancer. Both pharmaceutical companies and the federal government see the promise in funding research in this innovative field. However, R&D in cancer treatments is a time-intensive process, and it takes months, if not years,...
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The Right to Entrepreneurship

USAID has worked to increase micro credit accessibility. For example, this project in Indonesia provided loans to rural women. https://commons.wikimedia.org/wiki/File:USAID_Micro_Credit_Project.jpg
Entrepreneurship and human rights are not frequently mentioned in the same conversation in the United States. However, in international policy, human rights and entrepreneurship are linked by many common policy goals, including enforcing the rule of law, improving infrastructure and fighting corruption. Rights necessary to pursue entrepreneurial endeavors–like the right to participate in the economy, the rights to education and information and access to credit–are considered crucial for the worl...
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True Impact of the Bayh-Dole Act

Addressing the True Impact of the Bayh-Dole Act Since the passage of the Bayh-Dole Act in 1980, many researchers have debated its contribution to the transfer of technology from universities to industry. Some credit the act as an engine of economic growth responsible for the emergence of the biotechnology industry. Critics say that the law decreased data sharing and basic research and increased health care costs. Others think that the act had little impact and that changes in university patenti...
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Bureaucracy and Public Sector Innovation

Hierarchies can often be complex and make it difficult for employees on the lower end of the hierarchy to be heard or seen by senior leadership. https://pixabay.com/en/silhouettes-hierarchy-human-man-81830/
The public benefits greatly when there are innovations in how our government approaches policymaking and regulation. However, sometimes barriers created by bureaucratic structures can slow implementation. When regulation and rigidity are holding us back, leaders are responsible for ensuring that our government institutions are allowing for change when our old ways of approaching challenges become antiquated. Innovation in the Public Sector Our traditional idea of innovation tends to point scie...
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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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Obama in the White House

Generating an Innovation Nation The Obama administration’s policies toward small business and entrepreneurship have received mixed reactions. While Obama elevated the administrator of the Small Business Administration to a cabinet position and the SBA increased its lending to small businesses, some small business owners felt that the government bailed out big businesses at their expense after the 2008 financial crisis. Many small business owners are concerned about the effects of the Affordable...
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Entrepreneurship Weekly Roundup: 11/04/2016

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: Clocking In: Small Business and Overtime Regulation Catherine Kirby, Research Assistant, McNair Center for Entrepreneurship and Innovation In December, new US Department of Labor regulations on overtime pay eligibility will come into effect. These regulations will drastically increase the min...
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Small Business and Overtime Regulation

Clocking in: Small Business and Overtime Regulation What is the New Overtime Regulation? On December 1, 2016, the Labor Department will officially institute new regulations on overtime eligibility for workers. Announced on May 17, the new rules require business owners to pay salary workers earning up to $47,476 a year time-and-a-half overtime pay when they work more than 40 hours during the week. This new regulation will be updated every three years to adjust for average pay in the United Stat...
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