On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

Reid Hoffman’s talk this week at Stanford (podcast and video available here) touched on several themes that collectively seem to comprise the Silicon Valley innovator ethos; most are relevant to healthcare and biopharma, and I agree with all his assertions except one.

(Hoffman, for...

As much of Europe struggles with double-digit unemployment this year, the United States has been creating an average of 200,000 new jobs a month.

While biopharmaceutical companies may be thought of as mission oriented, they are almost certainly the poster children for adaptation. They need to focus on finding the most pressing relevant issues to help their patients.

THIS EVENT HAS BEEN CANCELLED.

Many businesses coordinate the demands of distinct groups of customers who need each other. Credit card companies, for example, link consumers and retailers, dating clubs enable men and women to meet each other; and computer operating systems coordinate hardware vendors, applications developers, and...

Next month's thirty-seven gubernatorial elections are not looking promising for the Obama Democrats.

Amid continuing partisan strife over the federal deficit, health care, and the EPA, buttressed by fanciful dreams and expenditures for "green technologies", Congress may well be on the verge of passing legislation that truly will enhance future U.S innovation and economic growth.

This book tells the fascinating story of the Internet's challenge to governmental rule in the 1990s, and the ensuing battles with governments around the world.