Remove licensing requirements, grow businesses, Kauffman Foundation says
Robert Litan, vice president for research and policy at the Kansas City, Mo.-based Kauffman Foundation, recently spoke to American City & County about about how state and local governments can eliminate barriers to new business development by dropping licensing requirements for many professions and recognizing licenses issued in other jurisdictions. The foundation focuses its grant making and operations on advancing entrepreneurship, and improving the education of children and youth.
In February, the foundation released two reports: "Startup Act for the States," which lays out an agenda for state-level policymakers to foster entrepreneurship, and "A License to Grow," which identifies barriers to entrepreneurship imposed by state and local governments. Among the recommendations, the reports suggest that governments should reduce the amount of paperwork, time and effort involved in establishing new businesses, and they should allow the markets to weed out good businesses from the poor ones.