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Article: Partisan pandering stifles innovation, entrepreneurship.(Opinion)(Small Business and Entrepreneurship Council)
- Article from:
- Crain's Chicago Business
- Article date:
- March 12, 2007
- Author:
CopyrightCOPYRIGHT 2007 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Marc J. Lane
Chicago attorney and financial adviser Marc J. Lane counsels entrepreneurial clients.
Illinois should lead the nation in entrepreneurship and innovation. But it doesn't, and partisan bickering in Springfield and Washington helps explain why.
The state is a great trading center, a master builder of financial markets, the site of federal research labs and a powerhouse of professional talent. Yet Illinois lags 20 states in the Small Business & Entrepreneurship Council's 2006 ranking of entrepreneur-friendly states based on the tax, spending, regulatory and litigation burdens they impose on small businesses.
Political ...