The Ewing Marion Kaufmann Foundation has released a new report to help guide policymakers toward a model of economic development based on entrepreneurial business clusters. The report contends that promoting entrepreneurial activity offers significant advantages over the practice long-favored by many states and localities of trying to encourage firms to relocate from other regions. Learn [...]

Many Internet networks have used “the wisdom of the masses” (large numbers of people, joined through the internet, to offer opinions) to identify opportunities in stocks, product design, and the arts. Now, an entrepreneur wants to pay the participants in these Internet networks, further formalizing their value. Kluster, a new web company, offers the ability [...]

The World Intellectual Property Association (WIPO) announced that international patents reached a record high of 156,100 in 2007. The record total represents a slight increase (4.7%) from 2006. US inventors and companies filed the most patent applications, accounting for 33.5% of total applications. Northeast Asia—especially Korea—was the fastest growing region in terms of new patent [...]

The innovation gap between Europe and the U.S. is shrinking by several measures, according to the latest benchmarking study from the European Union (EU). The size of the gap remains significant, however, with the U.S. in the lead. According to the report, The European Innovation Scoreboard 2007, the top-ranked nations overall are Sweden, Switzerland, Finland, [...]

Two national technology and science organizations have released lists of critical technologies present and future. The Technology Review published its annual “10 Emerging Technologies of 2008.” One example of the technologies is wireless power, which transmits electricity by magnetic resonance instead of cords. Another example is connectomics—a new means of mapping the brain that promises [...]

Global Venture Challenge 2008 is a business plan competition designed to foster entrepreneurship by engaging students, industry, government and the investment community in the discovery and development of innovative ideas. The focus of this year’s event is energy. Last week, 17 teams were selected to move to the semi-final round of the competition. The semi-finalists [...]