Report Studied Best Practices in Eight Major U.S. Cities Driving Civic Innovation
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Think of it as Google Maps, on steroids.
In conjunction with 1776, the U.S. Chamber of Commerce and its Foundation attended a series of roundatables in eight cities to examine the startup economy and civic entrepreneurship.
The tech industry’s “fail fast, fail often” mantra has proven successful in pumping out world-changing innovations in record time. The faster one figures out what doesn’t work, the faster one can get to something that does. Failure is a good thing that is a natural consequence of the innovation process.
The value locked up in highly regulated industries grows with very year. Startups are realizing there’s an opportunity in unlocking these markets, and their backers are looking to help.
Peter Thiel, the legendary co-founder of PayPal, says that the greatest threat to technological growth in America is a culture that embraces conformity. “I worry that the conformity problem is worse today than it was in the ‘50s,” said Thiel at an event hosted by the Mercatus Center.
For about a century, beginning in the early 1800s, the Balkan peninsula (previously ruled as a single land by the Ottomans) was broken into a number of smaller states that did not get along.
Detroit is not dead. Just spend a little time in the area around Greektown and Comerica Park, and you’ll sense that things are coming around. And that’s manifesting itself in an eager community of startups that is not afraid to think outside the box.