Silicon ballyhoo

Article Abstract:

The United Kingdom government aims to promote entrepreneurship. The UK spends the same proportion of gross domestic product on expanding and new ventures as the US, but falls behind in terms of technology start-ups. The government aims to promote business parks alongside universities by investing in Science Enterprise Centres, and reassessing planning law. There is also a move to reassess bankruptcy laws so that businessmen can try again after initial failure. There is a debate as to how useful planned tax changes would be in promoting entrepreneurship.

United Kingdom, Small business, Science and technology policy, Industrial policy

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The land of good examples

Article Abstract:

Minnesota is considered one of the most progressive states in the US with economic growth and social policies that other states should thrive to emulate. The state's economic growth is best acknowledged on local businesses that strived hard to reach high profiles. Also, the local residents' honesty and hard work added to the state's success. The state's success is mirrored in the 7% increase in employment rate in the durables and non-durables manufacturing sector in the first quarter of 1997 despite a slump in employment all throughout the US.

Employment, Economic Programs-State, Evaluation, Economic aspects, Minnesota, State government

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The high road that leads out of the Low Countries

Article Abstract:

Tax cuts and reductions in public spending have helped the Dutch economy to improve its performance, but further reforms are needed to boost performance and increase the proportion of the labor force that is economically active. Lack of competitioon, labor market rules, strict business regulation and high benefit levels that deter those with few skills from seeking work are all seen as factors hampering the Dutch economy, according to a McKinsey report. The Dutch economy needs a further move toward liberalism.

Editorial, Netherlands

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