Health Care Legislation Could Be Boon for Biotech Firms
February 8, 2010 | Newark Star Ledger
Debbie Hart, president of BioNJ, said the state hasn’t seen any biotech companies close as a result of the difficult economy, but there have been job losses and some executives have decided to shelve work on new cancer medicines, vaccines and treatments for Alzheimer’s disease.
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Wisconsin's Asian Indians Thrive in Entrepreneurial Society
February 8, 2010 | Milwaukee Journal Sentinel
Nationally, a recent study found, Indian immigrant business owners average 60% more income than U.S. business owners generally, and earn more than entrepreneurs from any other immigrant group. In Wisconsin, payroll at Indian-owned firms, compared with the number of Indians who live here, far exceeds that of any other Asian ethnic group, and of Hispanic and black-owned businesses
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UC Davis Aims to Turn More of its Tech into Business
February 7, 2010 | Sacramento Bee
From biofuels to pharmaceuticals, Sacramento-area inventors have created scores of promising scientific breakthroughs, many of them in the well-funded laboratories of UC Davis. Turning those inventions into jobs and wealth is hard, however. Starting a high-tech company in Sacramento means overcoming the region's risk-averse mind-set, a scarcity of big-money investors and the allure of the Bay Area's tech-friendly landscape.
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Is Blogging a Slog? Some Young People Think So
February 6, 2010 | San Jose Mercury News/AP
Could it be that blogs have become online fodder for the — gasp! — more mature reader? A new study has found that young people are losing interest in long-form blogging, as their communication habits have become increasingly brief and mobile.
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Private Equity Firms Brace for Tax Battle
February 7, 2010 | Reuters
Private equity firms are again being threatened with higher taxes, as a long-running debate over how to classify their profits again becomes a focus for governments desperate for cash. But while high-profile buyout firms may seem an easy target, the question is a controversial one.
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Michigan Life Sciences Boost Cited
February 6, 2010 | Detroit News
The state's three largest universities are spending more than $800 million dollars on life sciences research that is creating jobs in Michigan, the director of the University Research Corridor said Friday.
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Tax Credits Sought for Georgia Startups, Jobs
February 6, 2010 | Atlanta Business Chronicle
State lawmakers want to dangle a legislative carrot to lure investment to Georgia technology startups and generate knowledge-based jobs. Proposed legislation would provide tax credits to motivate early-stage investors in Georgia businesses and potentially create up to 700 jobs annually.
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Trouble Brewing?
February 5, 2010 | Cleantech Investing
Haven't had much time to go through the various recent cleantech IPO filings, and so haven't talked about them much. Also just generally hoping they do well, for the sake of the overall industry. But in a meeting today someone put up some stats that were pretty sobering.
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Beacon Hill (Massachusetts) Bids to Boost Business
February 8, 2010 | Boston Globe
Massachusetts Governor Deval Patrick and Senate President Therese Murray plan to propose this week several ways to improve the Bay State’s business climate in steering the region out of its economic malaise. Patrick said he will unveil a new $50 million tax credit for small business. Murray said she will seek to streamline more than 30 agencies that promote economic development
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Patent Nonsense: An End to Frivolous Patents May Finally Be in Sight
February 5, 2010 | The Economist
Do patents help or hinder innovation? Instinctively, they would seem a blessing, especially for backroom tinkerers. For the inventor, that may be a reasonable trade-off. For society, however, the loss of competition through the granting sole rights to an individual or organisation is justified only if it stimulates the economy and delivers goods that change people’s lives for the better.
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