With the unemployment rate stuck at a stubbornly high 9 percent, policymakers continue to debate how to create new jobs to get America working again. But government is only one part of the equation. What is the role of private capital and can it help foster more entrepreneurs who will create jobs and new industries to pull the economy out of the doldrums? Who will be the next Steve Jobs?
On November 15, the Initiative on Business and Public Policy at Brookings hosted a discussion on the role of private capital and government policies to help foster the next generation of job creators. Speakers included Small Business Administrator Karen Mills, New York Times columnist David Brooks, former P&G CEO and member of the President’s Council on Jobs and Competitiveness A.G. Lafley, former “car czar” Ron Bloom, Harvard Business School Professor Josh Lerner, and member of the President’s Council of Economic Advisers Carl Shapiro, as well as other investors, academics, venture capitalists and policymakers.
After each panel, the speakers took audience questions.
Agenda
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November 15
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8:15 AM -- Welcome
Joseph L. Rice, III Chairman -
8:30 AM -- Morning Keynote: Can America Get Its Entrepreneurial Groove Back?
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9:15 AM -- Panel One: The State of Private Capital and its Future Potential
Aaron Chatterji Distinguished Professor of Business and Public Policy - Duke UniversityMichael Klein Managing Partner -
9:55 AM -- Panel Two: Capital’s Role In Stimulating Economic Growth
Moderator: Joncarlo Mark FounderRichard P. Jaffe Member, Executive Board, Association for Corporate GrowthHeather Slavkin Senior Legal and Policy Advisor, Office of InvestmentHarry Wilson Chairman and CEO - MAEVA Group, LLCMark Wiseman Executive Vice President -
10:45 AM -- Panel Three: Research on Private Capital
Josh Lerner Harvard University and National Bureau of Economic ResearchRobert E. Litan Nonresident Senior Fellow - Economic Studies, Center on Regulation and Markets @BobLitanCarl Shapiro University of California at Berkelev -
11:25 AM -- Panel Four: Innovation Drives Growth and Job Creation, But What Drives Innovation and How Do We Get More of It?
Moderator: Joel Kurtzman Chairman, The Kurtzman GroupRon Bloom Former Assistant to the President for Manufacturing PolicyA.G. Lafley Former CEO, Procter & Gamble -
12:15 PM -- Closing Keynote: Entrepreneurship and Creating Small Business Jobs
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