Successful Businessman

What is the secret to competitiveness in the new economy? With jobs in traditional industries like manufacturing in decline, and financing for entrepreneurs increasingly scarce, communities across Eastern Ontario are seeking new ways to grow their local economies. Many communities are now asking how they might tap into some of the wealth found in the burgeoning creative economy.

On November 19th, academic researchers, government policymakers, economic development officers and business specialists will benefit from the latest research on growing the creative economy at a one-day conference at Queen’s University. “Fostering Entrepreneurship in the Creative Economy” presents the findings of 16 academic and business experts who have delved into the workings of the creative economy and entrepreneurs who drive it. Topics range from key success factors in establishing new creative ventures to the competition among venture capitalists for creative entrepreneurial ideas.

“This conference brings together creative entrepreneurs and academics to examine growth opportunities for rural Canada,” says Dr. Yolande C Read full article…

Japan’s economy was helped by a rebound in exports, led by sales to China, which is Japan’s largest overseas market.

Despite the upbeat news about Japan’s economy, analysts say China’s blistering growth will drive it past Japan’s economy sometime in 2010.

A fast-growing Chinese economy finished 2009 with a GDP value of 33.53 trillion yuan — equal to $4.906 trillion — but has been growing at an annual rate of 8 to 10%, or twice that of Japan.

0:00 /0:48China raises reserve requirements

The United States remains the world’s largest economy, with a value of about $14 trillion.

– CNN’s Kyung Lah contributed to this report.