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A successful microeconomic strategy draws on a region’s unique strengths, then integrates the value chain to create ecosystems of entrepreneurship that support innovation and new business formation.
Imagine a place where high-impact entrepreneurs are so pleased that they don’t complain. Would those be entrepreneurs living in Silicon Valley perhaps? Not so.
An entrepreneurial ecosystem has sprouted in what some would say is a most unexpected community. It has all the elements of a large city effort, including support for technology startups as well as the 98 percent of startups that are not technology-based.
Shortly after the Icelandic economy crashed in 2008, we founded our first company. Call us crazy, but in the midst of thousands losing their jobs and the first en masse public protest against the government since Iceland’s induction into NATO in 1949, we decided to start a board game company. It was a blast.
Some 88 million young women and men worldwide are unemployed — 47 percent of the unemployed globally. Economic leaders have been stumped as to what to do about it. Now Generation Y is taking matters into its own hands.
BOSTON, Nov 6- The chief pharmacist at the company linked to the deadly U.S. meningitis outbreak has received a subpoena to appear before a congressional committee after he declined to appear voluntarily.
*Amgen shares rise 1.4 percent. LOS ANGELES, Nov 6- Amgen Inc's experimental cholesterol-lowering drug, AMG145, reduced levels of ``bad'' cholesterol up to 66 percent in patients already taking statin drugs, according to results from a mid-stage trial that were presented on Tuesday.
*Some big-name Romney backers will be watching from Boston. Now, some heavyweights of the $2 trillion industry plan to break out the champagne and party in style Tuesday night as they cheer on their man at events in Boston, New York and even Las Vegas, according to people familiar with the Romney campaign and some of the big contributors.
At the beginning of next year, $600 billion in tax increases and spending cuts- known as the fiscal cliff- will automatically become law unless Congress acts. However, there is a sense that neither the financiers and investors in New York nor the lawmakers in Congress are taking each other seriously enough.
LOS ANGELES, Nov 5- Taking a daily multivitamin does not reduce the risk of cardiovascular disease for older men, according to a study presented on Monday. About half of U.S. adults take at least one daily dietary supplement, the most popular being a multivitamin, according to the U.S. Centers for Disease Control and Prevention.
VANCOUVER, Nov 4- In this era of pipelines spanning thousands of miles, the idea of shipping crude across North America in railway cars might seem a quaint throwback to the oil pioneering days of the West.
*FDA tries to plug supply gaps left by Ameridose shutdown. BOSTON, Nov 2- Ameridose LLC, sister company to the pharmacy at the heart of a meningitis outbreak in the United States, agreed on Friday to extend its closure by two weeks while state and federal investigators continue to examine its facilities.
WASHINGTON, Nov 2- The U.S. government on Friday sought to ease the fuel crunch that hit the Northeast after Hurricane Sandy, saying it would provide emergency responders with diesel from national reserves, and also allowing foreign tankers in the Gulf of Mexico to bring fuel to the region.
*Waiver lasts through Nov. 13. WASHINGTON, Nov 2- The U.S. government issued a rare waiver on Friday allowing foreign tankers in the Gulf of Mexico to supply the Northeast with fuel after Hurricane Sandy, but the extent of relief was uncertain since some ports in the region still lacked power.
*Waiver lasts through Nov. 13. WASHINGTON, Nov 2- The U.S. government issued a rare waiver on Friday allowing foreign tankers from the Gulf of Mexico to supply the Northeast with fuel after Hurricane Sandy, but the extent of relief was uncertain since some ports in the region still lack power.
BOSTON-- Should he prevail Tuesday, Mitt Romney would bring a CEO's eye to the White House and a policy agenda based on a general set of principles and focused more on data than ideology. And he would likely have to work with a divided Congress to accomplish it all.
Scott Brown and Democratic challenger Elizabeth Warren ramped up their voter outreach efforts Thursday as new campaign fundraising reports show they've already spent nearly $68 million pursuing the same Massachusetts Senate seat.
WASHINGTON, Nov 2- The U.S. unemployment rate probably rose in October as employers stepped up hiring only slightly, underscoring President Barack Obama's vulnerability in next week's presidential election.
NEW YORK/ SEASIDE HEIGHTS, N.J., Nov 1- Rescuers searched flooded homes for survivors, drivers lined up for hours to get scarce gasoline and millions remained without power on Thursday as New York City and nearby towns struggled to recover from one of the biggest storms to hit the United States.
NEW YORK, Nov 1- The fuel supply crisis gripping the New York area deepened on Thursday as the city's iconic taxis started turning away business while drivers searched hours for a tank of gas, and there were growing signs that the worst of the crunch is not over.