Category Archives: Economic Development Policy

What Erich Brenn Can Teach Us About Funding of Start-Ups

Who remembers Erich Brenn?  In these blog posts, I’ve occasionally tried to understand, and explain, the business world I see by comparing it to famous people you’ve probably never heard of.  We’ve previously talked about Don Ho and Jim Riggleman.  And … Continue reading

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Don’t Bring Me Angel Investors…Bring Me Hero Investors

There is trouble in the town! In case you haven’t seen the headlines, let me deliver some bad news to you. You’re not going to like it, but it’s time you hear it too. The United States is no longer great … Continue reading

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Can Detroit Save America?

Everyone will have a different opinion, but in my opinion, the Chrysler Super Bowl advertisement highlighting Detroit and Eminem is the greatest commercial of all time.  I have spent many years working to make a small, urban industrial area more economically … Continue reading

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Small Time Politics, Big Time Stakes

Twenty-some years ago, I was a young economic developer working in the City of Allentown, PA.  My job frequently took me to city council meetings where I was able to witness fishbowl politics at its worst.  There were plenty of … Continue reading

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Patent Reform 2011 – A Sword with Two Very Sharp Edges (part 2)

In part 1 of my post last week on patent reform, I identified several ways in which the new Patent Reform bill (S.B. 23 and H.R. 1249) is better for big business than small business.  And I’m disappointed in that.  One big … Continue reading

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Maryland stepping up…Follows Pennsylvania’s Time-Proven Strategy

I was somewhat disheartened to read in the Maryland Daily Record, that Maryland was moving ahead with a plan to invest $70 million in high tech start up firms.  Pennsylvania has long been a leader among states in that business.  … Continue reading

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Patent Reform 2011 – A Sword with Two Very Sharp Edges (part 1)

David Kappos is President Obama’s “Patent Czar”.  He has helped create and guide patent reform legislation through the US Senate last week by a score of 95-5.  The US hasn’t had such a significant overhaul of the patent system in … Continue reading

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Guy Kawasaki on the VC model

Guy Kawasaki is an outspoken guy who helped Apple develop its fanatical following and has successfully built his own brand.  He was on a panel in the UK recently at an event called “Learning Without Frontiers”.  In the video, he … Continue reading

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SBIR/STTR…Defense of a Government Acronym (part 2)

Last week, I wrote Part 1 of this post that provided a little background on the SBIR/STTR program.  This federal government legislation is in the process of being revised and, hopefully, readopted.  It basically assures that ~2% of all federal government … Continue reading

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SBIR/STTR…Defense of a Government Acronym (part 1)

Many of you may not be familiar with SBIR/STTR.  The quickest explanation is that there are two ways that your federal government invests in advanced technology.  One way they do so is by owning their own laboratories.  The National Renewable … Continue reading

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