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They create new companies and turn around old ones.
It has no specific visa for foreigners who wish to create new companies.
The former executive, who supported financial deregulation when in Congress, says he would have let the big banks collapse and market forces create new companies.
Mr. Bodson, appointed in January, is now trying to sell units or create new companies for its different technologies to avoid liquidation.
There are those in Silicon Valley who still create new companies out of a desire to crack a challenging technical problem.
Another example: I was recently traveling with the president to Austin, where he launched a new executive order that opens up tons of government data — everything from health and medicine and science to safety and more — as machine-readable, free fuel for entrepreneurs to tap to create new companies and jobs.
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In many ways creating new companies out of existing ones is harder than creating new companies out of nothing.
It is about creating new companies, new industries, not propping up behemoths," he says.Such claims are taken increasingly seriously by policymakers.
It is gigantic insofar as Beijing is reorganising every big industry—from aviation to telecoms by splitting up former state monopolies and creating new companies.
But the potential for creating new companies has led the government of Denmark to establish user-driven innovation as a policy.
Japan creates new companies at half the rate of the United States; as a result, the number of companies is shrinking and Japan ranks last among 24 developed nations in its level of entrepreneurial activity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com