How to go global and win big with your startup

The US is a global leader in Internet and smartphone penetration and use, but the rest of the world is catching up fast. With a good part of the growth for consumer products happening abroad, the question isn’t if you should go global with your startup, but how and when.

Clone king Marc Samwer out as Groupon’s international head following record high ad violations

Groupon’s business stateside has been embroiled in an accounting scandal that cut the stock price in half. But its international operations are responsible for two-thirds of the company’s revenue. Yesterday the company announced that Marc Samwer, who along with his brothers notoriously creates clones of successful American startups, was stepping down as head of their international operations, to be replaced by the Austrian Veit Dengler.

America, keep rewarding your dissidents

Ever since I became an academic six years ago, I have been one of the biggest critics of U.S. competitiveness policies. I documented, for example, that we had our data wrong when it came to India and China’s advantages in engineering education and R&D, that we didn’t understand how to build innovation centers, and that our assumptions about entrepreneurs and entrepreneurship were wrong. I have been particularly vocal about America’s flawed immigration policies. I quantified the amazing contribution that skilled immigrants make in the technology industry and raised the alarm about the reverse brain drain that is in progress. I testified, assertively, to Congress, and have been badgering our political leaders to act on these important issues.