The State Of American Entrepreneurship
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The State Of American Entrepreneurship
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Author : Jorge Guzman
language : en
Publisher:
Release Date : 2016
The State Of American Entrepreneurship written by Jorge Guzman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Assessing the state of American entrepreneurship requires not simply counting the quantity but also the initial quality of new ventures. Combining comprehensive business registries and predictive analytics, we present estimates of entrepreneurial quantity and quality from 1988-2014. Rather than a secular pattern of declining business dynamism, our quality-adjusted measures follow a cyclical pattern sensitive to economic and capital market conditions. Consistent with the role of investment cycles as a driver of high-growth entrepreneurship, our results highlight the role of economic and institutional conditions as a driver of both initial entrepreneurial quality and the scaling of new ventures over time.
The State Of American Entrepreneurship
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Author : Jorge Arturo Guzman
language : en
Publisher:
Release Date : 2016
The State Of American Entrepreneurship written by Jorge Arturo Guzman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Economic development categories.
While official measures of business dynamism have seen a long-term decline, early-stage venture financing of new companies has reached levels not observed since the late 1990s, resulting in a sharp debate about the state of American entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating measures of entrepreneurial quality based on predictive analytics and comprehensive business registries. Our estimates suggest that the probability of a significant growth outcome (either an IPO or high-value acquisition) is highly skewed and predicted by observables at or near the time of business registration: 69% of realized growth events are in the top 5% of our estimated growth distribution. This high level of skewness motivates the development of three new economic statistics that simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort Potential Index (RECPI, measuring the growth potential of firms founded within a given region and time period) and the Regional Entrepreneurship Acceleration Index (REAI, measuring the performance of a region over time in realizing the potential of firms founded there). We use these statistics to establish several new findings about the history and state of US entrepreneurship using data for 15 states (covering 51% of the overall US economy) from 1988 through 2014. First, in contrast the secular decline in the aggregate quantity of entrepreneurship observed in series such as the Business Dynamic Statistics (BDS), the growth potential of start-up companies (RECPI relative to GDP) has followed a cyclical pattern that seems sensitive to the capital market environment and overall economic conditions. Second, while the peak value of RECPI is recorded in 2000, the level during the first decade during this century was actually higher than the late 1980s and first half of the 1990s, and also has experienced a sharp upward swing beginning in 2010. Even after controlling for changes in the overall size of the economy, the second highest level of entrepreneurial growth potential is registered in 2014. Third, the likelihood of start-up firms for a given quality level to realize their potential (REAI) declined sharply in the late 1990s, and did not recover through 2008. These findings suggest that divergent assessments of the state of American entrepreneurship can potentially be reconciled by explicitly adopting a quantitative approach to the measurement of entrepreneurial quality.
Is Entrepreneurship Dead
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Author : Scott Shane
language : en
Publisher: Yale University Press
Release Date : 2018-01-01
Is Entrepreneurship Dead written by Scott Shane and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-01 with Business & Economics categories.
A powerful contrarian argument that upends our current understanding of the state of American entrepreneurship
American Entrepreneur
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Author : Larry Schweikart
language : en
Publisher: HarperChristian + ORM
Release Date : 2009-09-23
American Entrepreneur written by Larry Schweikart and has been published by HarperChristian + ORM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-23 with Business & Economics categories.
This book vividly illustrates the history of business in the United States from the point of view of the enterprising men and women who made it happen. Ever since the first colonists landed in the New World, Americans have forged ahead in their quest to make good on promises of capitalism and independence. Weaving stirring narrative with economic analysis, this historical deep dive recounts the successes and failures of some of the most iconic business people to grace our history books--from the founding of our country to the present day. In American Entrepreneur, you’ll learn about how: Eli Whitney changed the shape of the American business landscape; the Civil War impacted the economy, and how it was renewed by the subsequent dominance of Andrew Carnegie and J. P. Morgan; Asa Candler, W. K. Kellogg, Henry Ford, and J.C. Penney led the rise of the consumer marketplace; and Warren Buffett’s, Michael Milken’s, and Martha Stewart’s experience in the “New Economy” in the 1990s--and how that economy continues today. It is an adventure to start a business, and the greatest risk takers in that adventure are entrepreneurs. This is the epic story of America’s entrepreneurs and how they created the economy we enjoy today.
Launchpad Republic
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Author : Howard Wolk
language : en
Publisher: John Wiley & Sons
Release Date : 2022-07-26
Launchpad Republic written by Howard Wolk and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-26 with Business & Economics categories.
Will America's entrepreneurial spirit continue to define its destiny? What can the rest of the world learn from America's experience? In Launchpad Republic: America's Entrepreneurial Edge and Why it Matters to All of Us, Howard Wolk and John Landry provide an insightful and thought-provoking history of entrepreneurship in the United States, with a focus on the political, legal, and cultural forces that have sustained "creative destruction" and propelled the country forward for more than 200 years. In telling this story, the book highlights the critical features that have set America apart from other countries and identifies the key attributes necessary for it to maintain leadership for years to come. Entrepreneurship is a rebellious act, and America's democratic system is unique in enabling new companies to challenge established ones. As a result, the country enjoys not just more robust start-up activity, but also a dynamism that forces big companies to improve—or face the consequences. It protects both property rights and the right to compete in ways not enjoyed elsewhere, encouraging investment and innovation. Aside from assessing how American entrepreneurial capitalism unfolded, the authors address current challenges such as the rise of the "Big Tech", concerns about inequality, inclusivity and sustainability, and the evolution toward stakeholder capitalism. They compare the American approach to both Continental Europe's consensus-oriented framework and China's authoritarian model. Launchpad Republic offers readers: Insights into how America's political, legal and cultural history helped make the country the most dynamic economy in the world since inception A framework for understanding how the country's balanced and limited government, decentralized financial and corporate system, and responsiveness to consumers all served to enable innovation and improved standard of living while avoiding many of the pitfalls of cronyism and protectionism Fascinating comparisons between the United States and other countries, both historical and contemporary, that provide important context to many of today's critical issues A book that covers important topics in an easy to read style, Launchpad Republic belongs in the library of every policy wonk, capitalist, entrepreneur, founder, business leader, amateur historian, and technologist with an interest in how America's relentless entrepreneurial spirit has influenced—and will influence—its destiny.
The Entrepreneurial Adventure
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Author : Larry Schweikart
language : en
Publisher: Cengage Learning
Release Date : 1999
The Entrepreneurial Adventure written by Larry Schweikart and has been published by Cengage Learning this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.
[This book] examines American business and economic history, paying close attention to the structures and relationships between individuals and public policy that have resulted in such unprecedented wealth creation. Crammed into this survey of trends in the American economy since the 1600s are dozens of snapshots of individual entrepreneurs. The story is often the same: Aged, sick, bankrupt, down on their luck, American entrepreneurs rarely came from the fortunate strata of society but instead overcame obstacles with a matchless determination that is inspirational to all people, whether in business or in other careers. While individuals accounted for the critical breakthroughs in the American economy, [this book] also pays attention to both government policy and economic thought of the day. Long-standing, but quite erroneous, myths are debunked, including the notions that the Great Depression was caused by business failures or that the 1980s were a "decade of greed." What emerges is a story of businesses and people, of victory over impressive obstacles, and of the resulting tide of prosperity that has made the American economy the envy of the world. -Back cover.
American Entrepreneur
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Author : Larry Schweikart
language : en
Publisher: AMACOM
Release Date : 2009-09-23
American Entrepreneur written by Larry Schweikart and has been published by AMACOM this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-09-23 with Business & Economics categories.
This book vividly illustrates the history of business in the United States from the point of view of the enterprising men and women who made it happen. Ever since the first colonists landed in the New World, Americans have forged ahead in their quest to make good on promises of capitalism and independence. Weaving stirring narrative with economic analysis, this historical deep dive recounts the successes and failures of some of the most iconic business people to grace our history books--from the founding of our country to the present day. In American Entrepreneur, you’ll learn about how: Eli Whitney changed the shape of the American business landscape; the Civil War impacted the economy, and how it was renewed by the subsequent dominance of Andrew Carnegie and J. P. Morgan; Asa Candler, W. K. Kellogg, Henry Ford, and J.C. Penney led the rise of the consumer marketplace; and Warren Buffett’s, Michael Milken’s, and Martha Stewart’s experience in the “New Economy” in the 1990s--and how that economy continues today. It is an adventure to start a business, and the greatest risk takers in that adventure are entrepreneurs. This is the epic story of America’s entrepreneurs and how they created the economy we enjoy today.
Questioning The Entrepreneurial State
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Author : Karl Wennberg
language : en
Publisher: Springer
Release Date : 2022-04-24
Questioning The Entrepreneurial State written by Karl Wennberg and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-24 with Business & Economics categories.
The 2008 financial crisis and the COVID-19 pandemic have made the authorities to increasingly turn inward and use ethnocentrism, protectionism, and top-down approaches to guide policy on trade, competition, and industrial development. The continuing aftereffects of such policies range from the rise and seeming success of authoritarian states, rise of populist and protectionist trends, and evolving academic agendas inspiring the reemergence of top-down industrial policies across the world. This open access edited volume contains contributions from over 30 scholars with expertise in economics, innovation, management, and economic history. The chapters offer unique theoretical and empirical contributions discussing topics such as how industrial policies affect risk, incentives, and information for investments. They also address the policy perspectives on new technologies such as AI and its implications for market entry, the role for independent entrepreneurship in increasingly regulated markets, and whether governments should focus on market interventions or institutional capacity-building. Questioning the Entrepreneurial State initiates a much sought-after debate on the notion of an Entrepreneurial State. It discusses the dangers of top-down approaches to industrial policy, examines lessons from such approaches for future policy design, and calls attention to the progress of open and contestable markets in a sound economy and society. “Creative destruction, innovation and entrepreneurship are at the core of economic growth. The government has a clear role, to provide the basic fabric of a dynamic society, but industrial policy and state-owned companies are the boulevard of broken dreams and unrealized visions. This important message is convincingly stated in Questioning the Entrepreneurial State.” Anders Borg, former Minister of Finance, Sweden “Misreading the dynamism of American entrepreneurship, European intellectuals and policy makers have embraced a dangerous fantasy: catching up requires constructing an entrepreneurial state. This book provides a vital antidote: The entrepreneur comes first: The state may support. It cannot lead.” Amar Bhidé, Thomas Schmidheiny Professor of International Business, Tufts University “This important new book subjects the emergence of the entrepreneurial state, which reflects a shift in the locus of entrepreneurship from the individual to the public sector, to the scrutiny of rigorous analysis. The resulting concerns, flaws and biases inherent in the entrepreneurial state exposed are both alarming and sobering. The skill and scholarly craftsmanship brought to bear in this crucial analysis is evident throughout the book, along with the even, but ultimately consequential thinking of the authors. A must read for researchers and thought leaders in business and policy." David Audtretsch, Distinguished Professor, Ameritech Chair of Economic Development, Indiana University
The Land Of Enterprise
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Author : Benjamin C. Waterhouse
language : en
Publisher: Simon and Schuster
Release Date : 2017-04-11
The Land Of Enterprise written by Benjamin C. Waterhouse and has been published by Simon and Schuster this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-11 with Business & Economics categories.
Charting the development of American business from the colonial period to the present.
A History Of Small Business In America
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Author : Mansel G. Blackford
language : en
Publisher: UNC Press Books
Release Date : 2003-11-20
A History Of Small Business In America written by Mansel G. Blackford and has been published by UNC Press Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-20 with History categories.
From the colonial era to the present day, small businesses have been an integral part of American life. First published in 1991 and now thoroughly revised and updated, A History of Small Business in America explores the central but ever-changing role played by small enterprises in the nation's economic, political, and cultural development. Examining small businesses in manufacturing, sales, services, and farming, Mansel Blackford argues that while small firms have always been important to the nation's development, their significance has varied considerably in different time periods and in different segments of our economy. Throughout, he relates small business development to changes in America's overall business and economic systems and offers comparisons between the growth of small business in the United States to its development in other countries. He places special emphasis on the importance of small business development for women and minorities. Unique in its breadth, this book provides the only comprehensive overview of these significant topics.