Legislation Innovation – the good, the bad and the ugly: how state actions and public policy impact entrepreneurship (You!)
When it comes to policy, most of us don’t know what we don’t know. We do know that entrepreneurs contribute to our economic and social well-being by:
- Developing and commercializing innovative products and services that improve our quality of life and improve our position in the global economy.
- Generating new industries and firms to replace those that have run their course.
- Creating jobs.
- Creating wealth that is re-invested in new economic enterprises and, through philanthropy, in communities.
And, we do know that state government can play a significant role in supporting the emergence and success of entrepreneurial enterprises. Historically, states first became active participants in the economic development process in the 1950s, with the majority of attention on incentives and public programs that provide direct assistance to individual firms. However, the impact of these programs on a state’s economy is relatively small compared to the broader tax and regulatory policies that affect everyone who does business in the state.
So can you leverage public policy to be more successful in your business? Can you engage with, or understand the dynamics of policy makers to grow, scale or commercialize your startup? What’s policy got to do with business and innovation?
Think Big welcomes Angela Kreps, former president of KansasBio, to the Wise Words stage on October 15th for a talk about the impact of policy on innovation and entrepreneurship. KansasBio was founded in 2004 by the Kansas City Area Life Sciences Institute and the Kansas Technology Enterprise Corporation (now the Kansas Department of Commerce), because they recognized the need to unify the area’s bioscience industry, academic research institutions and economic development organizations. Angela was KansasBio’s founding president, and spent nearly a decade at the helm of this nonprofit organization tasked with enhancing the business and research climate, and working with leaders across the state of Kansas to attract and retain bioscience talent, companies and funding.
It’s time to get in the game – join us Thursday, October 15th at 8:30AM for an open talk to better understand what and how policy is shaping our world.
Click here to RSVP for Think Big Thursday’s October edition of Wise Words and leave with new knowledge and insight from Angela that you can put to use that very day.
BONUS: When you attend a Think Big Thursday program, you get a special rate on drop-in coworking for the day – only $10 (value $15) gets you access to a place to work, Wi-Fi, coffee and collaborative environment needed to fuel your productivity.