SOURCE: Ewing Marion Kauffman Foundation

Ewing Marion Kauffman Foundation

November 02, 2011 08:00 ET

Creating and Growing New Businesses: Fostering Innovation

Prepared Testimony of Brink Lindsey, Kauffman Foundation Senior Scholar in Research and Policy, Before the Subcommittee on Technology and Innovation, House Committee on Science, Space, and Technology

KANSAS CITY, MO--(Marketwire - Nov 2, 2011) - Hearing webcast live at 10 a.m. ET today

As countries get richer, they become more heavily dependent on home-grown innovation -- as opposed to simply expanding existing activities or borrowing good ideas from abroad -- to maintain their growth. Since new firms play an absolutely vital role in the innovation process, removing barriers to entrepreneurship becomes increasingly important to maintaining economic dynamism and prosperity.

That is the message that Kauffman Foundation Senior Scholar in research and policy, Brink Lindsey, will present today before the United States House of Representatives Committee on Science, Space, and Technology Subcommittee on Technology and Innovation. Read Lindsey's full testimony.

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