The Kauffman Foundation for enterprise development proposed to the government action to solve the processing of 700 000 applications for licenses and patents to boost the birth of new businesses and create new jobs in America.
The organization, based in Kansas City, Missouri, is one of 30 institutions recognized in the nation designed to promote the work of entrepreneurs and innovation, with resources of 2,000 million dollars. In a message to Congress, the director of the Foundation, Brink Lindsey, noted that studies are showing more judicious that the only way to generate net employment in the country is through the creation of innovative companies.
“The reality, he said, is that in the past 28 years has been higher volume of jobs lost than created in the U.S. economy, except for a period of 7 years.”
The model to add inputs, increase production, increase productivity, while creating jobs, and ran out, he said.
Other components of the proposal relate to the following:
The need to retain talent for the country, offering residents automatic visa to all foreign students who graduate from universities in the fields of science, engineering and mathematics, who wish to work in local companies. Expand and extend tax breaks for new and small businesses with capital below 50 million. To facilitate the capitalization of small and medium enterprises through public offerings, whose assets are below $ 75 million?
Remove the monopoly of the universities to process patents developed by teachers and students, allowing them to freely choose their representative agent, either to sell it personally or through another university.
Eliminate cumbersome requirements local, state and federal that discourages the creation of new businesses. Implement the recent stimulus bill for small businesses.