DARPA. DARPA. DARPA. Dude, DARPA’s making a jetpack to help you run faster. DARPA is the government’s innovation department. They invented the Internet and GPS, among other things. Once DARPA invents something and rolls it out, entrepreneurs come through and bring it to market for the rest of us….
Starting a Business is an Act of Defiance and Patriotism: Happy Independence Day Letting your entrepreneurial flag fly has never been so daring, so important and so patriotic. The financial rules are now totally written for the big companies. Taking on Goliath in any industry is an act of…
Innovation & Competition Small firms are much more innovative than large ones. A study by Zoltan Acs and David Audretsch sought to identify which companies came up with he biggest innovations of the 20th century. They found that new or small firms generated half. Their role was particularly important…
Jobs Startup firms created all net jobs during most years since 19771. Existing firms create jobs, but they also slash more jobs than they create every year. Net job creation relies on young dynamic startups. Here is the iconic chart Kauffman published in 2010. 1. U.S. Census Bureau. Business Dynamics…
I know, deep down, you have an idea for a service, a product or a problem you would like to solve for money. Most progress has come from people like you who pursued profit and legacy. That’s how this country has always worked; it’s the foundation of the American…
