CfED Releases New State Development Report Card

The 18th annual Development Report Card for the States finds a resurgence in entrepreneurial activity within the states. However, this resurgence isn't yet mature or widespread enough to provide a sufficient number of quality jobs to make up for the losses in recent years.

Specifically, the 2004 DRC finds that: research and development spending is on the rise, both in the private sector and in the nation's universities; government funding to boost domestic business ideas with potential for commercialization is up; entrepreneurial capital is flowing faster, from both private and government resources; and the number of new companies is growing, as is the number of jobs created by new businesses.

Here for the full report.