About the Center
The McNair Center for Entrepreneurship and Innovation at Rice University’s Baker Institute for Public Policy was founded in 2015 with an $8 million gift from the Robert and Janice McNair Foundation. Dr. Edward J. Egan was chosen as the founding director. He designed the center to provide policymakers, scholars, and the general public with comprehensive analyses of the issues that affect entrepreneurship and innovation at three levels: federal and state policy, municipal ecosystems, and academic entrepreneurship and innovation.
The Center’s foci were naturally on the U.S., Texas, Houston, and Rice University, but it also drew and shared insights from the best practices and policies worldwide. Its philosophy was to combine grounded theory and data-driven causal design to produce peer-reviewed research that stands up to scrutiny. To this end, the center collected and disseminated data, provided open access to informational resources, collaborated with leading academic experts, built understanding, and recommended policy to harness the incredible power of entrepreneurship and innovation.
By 2018, the McNair Center had provided more than 70 undergraduate and graduate students with internships to develop policy research, had a staff of four, and was the largest social science research laboratory on the Rice University Campus. It received offers of an additional $6.2m in funding to hire three more fellows and two more staff members and to roll out its nationwide research affiliate program.
Student Articles
Some of the best articles written by students at the McNair Center for Entrepreneurship and Innovation at Rice University’s Baker Institute are below. The full collection of McNair Center articles is archived for future generations of entrepreneurship and innovation policy researchers.
The Carried Interest Debate
In the 2016 election, carried interest and its taxation was a hot topic. Often explained as a “loophole” that allows the rich to exploit tax codes, carried interest is not a political issue that clearly fits within party lines. Lobbying by the financial sector occurs on both sides of the political aisle, and there are…
Congress Turns Its Attention to Entrepreneurship and Innovation—But Does It Take Effective Action?
Legislation passed during the first three months of the 115th Congress pays disproportionate attention to entrepreneurship and innovation. McNair Center research shows that in a typical congressional session, less than 2 percent of legislation introduced is relevant to E&I issues. As of March 23, three of the ten bills that have become law during the 115th Congress directly address entrepreneurship and…
Reducing Recidivism through Entrepreneurship
Reducing Recidivism through Entrepreneurship High rates of recidivism in the United States negatively affect prisons, inmates, the government and tax-paying citizens. In 2013, the U.S. imprisoned 2,220,300 people. A Bureau of Justice Statistics study found that within three years of release, 67.8% of released prisoners were rearrested. Within five years, 76.6% of released prisoners were…
Silicon Valley: A Powerhouse for Innovation
Silicon Valley’s economy is a powerhouse. Representing 14% of U.S. Gross Domestic Product, if California were a country, it would have the sixth biggest economy in the world. Although it has remained successful for decades, California was not always the leader that it is today. What about California led it to become a high-tech phenomena?…
Women in STEM: Closing the Gap
Economists around the world emphasize the benefits of integrating more women into the workforce. While we are seeing slow growth in women’s presence in many sectors, the Science, Technology, Engineering, and Math (STEM) fields at the core of innovation seem to be especially lacking in girl power. In 2014, women comprised approximately 47 percent of…
Visit the Research Wiki
The other side of this website hosts a Semantic MediaWiki-based collaboration platform, which provides a development environment, documentation, and content, for economic research. Previous incarnations of this wiki supported my colleagues at U.C. Berkeley, the NBER patent data project, the McNair Center, the Kauffman Incubator Project, and research done by some affiliated economists. It is now (largely) open to the public, and may be of interest to economists, other social scientists, computer scientists, and data scientists, as well as some finance professionals. It has almost 3,000 pages of content, developed by about a hundred team members, including the background material for many of the articles archived on this site.
Research
Become an affiliate and develop academic research using the wiki, or view hundreds of summaries of research articles and U.S. federal legislation.
Library
Discover thousands of pages of information about everything from our research computing infrastructure to the economics of true love.