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The State Of American Entrepreneurship
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Book Synopsis American Entrepreneur by : Larry Schweikart
Download or read book American Entrepreneur written by Larry Schweikart and published by Amacom Books. This book was released on 2010 with total page 535 pages. Available in PDF, EPUB and Kindle. Book excerpt: Weaving together vivid narrative with economic analysis, "American Entrepreneur" 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.
Book Synopsis The Entrepreneurial State by : Mariana Mazzucato
Download or read book The Entrepreneurial State written by Mariana Mazzucato and published by Penguin. This book was released on 2024-02-06 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.
Book Synopsis The State of American Entrepreneurship by : Jorge Guzman
Download or read book The State of American Entrepreneurship written by Jorge Guzman and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The State of American Entrepreneurship by : Jorge Arturo Guzman
Download or read book The State of American Entrepreneurship written by Jorge Arturo Guzman and published by . This book was released on 2016 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Questioning the Entrepreneurial State by : Karl Wennberg
Download or read book Questioning the Entrepreneurial State written by Karl Wennberg and published by Springer Nature. This book was released on 2022-04-23 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis A History of Small Business in America by : Mansel G. Blackford
Download or read book A History of Small Business in America written by Mansel G. Blackford and published by UNC Press Books. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 updated, this study explores the central but ever-changing role played by small enterprises in the nation's economic, political and cultural development.
Book Synopsis American Enterprise by : Andy Serwer
Download or read book American Enterprise written by Andy Serwer and published by Smithsonian Institution. This book was released on 2015-05-26 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: What does it mean to be an American? What are American ideas and values? American Enterprise, the companion book to a major exhibition at the Smithsonian’s National Museum of American History, aims to answer these questions about the American experience through an exploration of its economic and commercial history. It argues that by looking at the intersection of capitalism and democracy, we can see where we as a nation have come from and where we might be going in the future. Richly illustrated with images of objects from the museum’s collections, American Enterprise includes a 1794 dollar coin, Alexander Graham Bell’s 1876 telephone, a brass cash register from Marshall Fields, Sam Walton’s cap, and many other goods and services that have shaped American culture. Historical and contemporary advertisements are also featured, emphasizing the evolution of the relationship between producers and consumers over time. Interspersed in the historical narrative are essays from today’s industry leaders—including Sheila Bair, Adam Davidson, Bill Ford, Sally Greenberg, Fisk Johnson, Hank Paulson, Richard Trumka, and Pat Woertz—that pose provocative questions about the state of contemporary American business and society. American Enterprise is a multi-faceted survey of the nation’s business heritage and corresponding social effects that is fundamental to an understanding of the lives of the American people, the history of the United States, and the nation’s role in global affairs.
Book Synopsis Entrepreneurial Nation: Why Manufacturing is Still Key to America's Future by : Ro Khanna
Download or read book Entrepreneurial Nation: Why Manufacturing is Still Key to America's Future written by Ro Khanna and published by McGraw Hill Professional. This book was released on 2012-08-22 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A call to arms for everyone who believes in America's future If you trust what you hear in the news, America is in trouble. We've moved our manufacturing overseas. We've lost our competitive edge to China, Germany, Japan, and Brazil. We've entered our final days as an economic leader. Don't believe it! This provocative book from a former deputy assistant secretary of commerce will explode the myths you’ve been fed by the media and reinforce your faith in American ingenuity. Author Ro Khanna takes you inside Washington's economic think tanks and onto the front lines of the most innovative companies in the nation. You'll discover: How small and large businesses are spurring innovation and growth Why the accepted wisdom about American manufacturing is wrong How America can stay ahead of lower-cost factories in China and Brazil Why manufacturing is so important to our national security and future How to keep the best jobs, companies, and opportunities here in America Despite everything you've heard about the economy, one fact remains: America continues to be a world leader in manufacturing. Some of the world's best products are still being made here. The world's greatest innovations are still being developed by Apple, Google, and countless others. This book will prove to you that smart companies are staying ahead of the curve--and you can, too. You'll learn how a fourth-generation business, the Globe Manufacturing Company, customized its firefighting suits to beat foreign competitors. You'll discover how Vitamix worked with clients like Starbucks to produce a superior coffee blender. And you'll hear behind-the-scenes stories from the American steel industry, aerospace companies, the defense technology sector, and other world-class leaders. You'll also learn why companies like Solyndra fail--and what lessons we can take from them. This is more than a book. It is a wake-up call that will spark debate, shatter beliefs, and inspire action in every American who wants to succeed in the future. This is Entrepreneurial Nation.
Book Synopsis Peace Through Entrepreneurship by : Steven R. Koltai
Download or read book Peace Through Entrepreneurship written by Steven R. Koltai and published by Brookings Institution Press. This book was released on 2016-08-30 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joblessness is the root cause of the global unrest threatening American security. Fostering entrepreneurship is the remedy. The combined weight of American diplomacy and military power cannot end unrest and extremism in the Middle East and other troubled regions of the world, Steven Koltai argues. Koltai says an alternative approach would work: investing in entrepreneurship and reaping the benefits of the jobs created through entrepreneurial startups. From 9/11 and the Arab Spring to the self-proclaimed Islamic caliphate, instability and terror breed where young people cannot find jobs. Koltai marshals evidence to show that joblessness—not religious or cultural conflict—is the root cause of the unrest that vexes American foreign policy and threatens international security. Drawing on Koltai’s stint as senior adviser for Entrepreneurship in Secretary Hillary Clinton’s State Department, and his thirty-year career as a successful entrepreneur and business executive, Peace through Entrepreneurship argues for the significant elevation of entrepreneurship in the service of foreign policy; not rural microfinance or mercantile trading but the scalable stuff of Silicon Valley and Sam Walton, generating the vast majority of new jobs in economies large and small. Peace through Entrepreneurship offers a nonmilitary, long-term solution at a time of disillusionment with Washington’s “big development” approach to unstable and underdeveloped parts of the world—and when the new normal is fear of terrorist attacks against Western targets, beheadings in Syria, and jihad. Extremism will not be resolved by a war on terror. The answer, Koltai shows, is stimulating entrepreneurial economic opportunities for the virtually limitless supply of desperate, unemployed young men and women leading lives of endless economic frustration.
Book Synopsis Innovation, Entrepreneurship, and the Economy in the US, China, and India by : Rajiv Shah
Download or read book Innovation, Entrepreneurship, and the Economy in the US, China, and India written by Rajiv Shah and published by Academic Press. This book was released on 2014-10-07 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world – US, China and India –provides a comprehensive view of their effects and their likely futures. Looks at elements important for innovation and entrepreneurship and compares them against each other within the three countries Places theoretical modeling of economic growth in the context of the overall macroeconomic factors Explores questions about the relationships among innovation, entrepreneurship and economic growth in China, India and the US
Book Synopsis The History of Black Business in America by : Juliet E. K. Walker
Download or read book The History of Black Business in America written by Juliet E. K. Walker and published by UNC Press Books. This book was released on 2009 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this wide-ranging study Stephen Foster explores Puritanism in England and America from its roots in the Elizabethan era to the end of the seventeenth century. Focusing on Puritanism as a cultural and political phenomenon as well as a religious movement, Foster addresses parallel developments on both sides of the Atlantic and firmly embeds New England Puritanism within its English context. He provides not only an elaborate critque of current interpretations of Puritan ideology but also an original and insightful portrayal of its dynamism. According to Foster, Puritanism represented a loose and incomplete alliance of progressive Protestants, lay and clerical, aristocratic and humble, who never decided whether they were the vanguard or the remnant. Indeed, in Foster's analysis, changes in New England Puritanism after the first decades of settlement did not indicate secularization and decline but instead were part of a pattern of change, conflict, and accomodation that had begun in England. He views the Puritans' own claims of declension as partisan propositions in an internal controversy as old as the Puritan movement itself. The result of these stresses and adaptations, he argues, was continued vitality in American Puritanism during the second half of the seventeenth century. Foster draws insights from a broad range of souces in England and America, including sermons, diaries, spiritual autobiographies, and colony, town, and court records. Moreover, his presentation of the history of the English and American Puritan movements in tandem brings out the fatal flaws of the former as well as the modest but essential strengths of the latter.
Book Synopsis The New Entrepreneurs by : Zulema Valdez
Download or read book The New Entrepreneurs written by Zulema Valdez and published by Stanford University Press. This book was released on 2011-02-17 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a focus on a diverse group of Latino entrepreneurs in the Houston area, Valdez explores how class, gender, race, and ethnicity shape Latino entrepreneurs' capacity to succeed in business in the United States.
Book Synopsis The Entrepreneurial Adventure by : Larry Schweikart
Download or read book The Entrepreneurial Adventure written by Larry Schweikart and published by Cengage Learning. This book was released on 1999 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: [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.
Author :Deirdre Nansen McCloskey Publisher :American Institute for Economic Research ISBN 13 :1630692093 Total Pages :263 pages Book Rating :4.6/5 (36 download)
Book Synopsis The Myth of the Entrepreneurial State by : Deirdre Nansen McCloskey
Download or read book The Myth of the Entrepreneurial State written by Deirdre Nansen McCloskey and published by American Institute for Economic Research. This book was released on 2020-10-16 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: A common narrative of the post-World War II economists was that the State is indispensable for guiding investment and fostering innovation. They claimed that the wealth of the modern world is the result of past State guidance and that what is needed for future economic growth is more State guidance. This position has recently been rejuvenated in reaction to the Great Recession of 2008. The truth is that the enriched modern economy was not a product of State coercion. It was a product of a change in political and social rhetoric in northwestern Europe from 1517 to 1789. The Great Enrichment, that is, came from human ingenuity emancipated from the bottom up, not human ingenuity directed from the top down. The true question is what on balance is the best way to organize innovation—by the “wise State” or by commercially tested betterment? The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity. The Adam Smith Institute is one of the world's leading think tanks, recognised as the best domestic and international economic policy think-tank in the UK and ranked 2nd in the world among Independent Think Tanks by the University of Pennsylvania. Independent, non-profit and non-partisan, the Adam Smith Institute works to promote free market, neoliberal ideas through research, publishing, media outreach, and education. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom. The Institute was founded in the 1970s, as post-war socialism reached its high-watermark. Then, as now, its purpose was to educate the public about free markets and economic policy, and to inject sound ideas into the public debate.
Download or read book Launchpad Republic written by Howard Wolk and published by John Wiley & Sons. This book was released on 2022-07-26 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis How to Make an Entrepreneurial State by : Rainer Kattel
Download or read book How to Make an Entrepreneurial State written by Rainer Kattel and published by Yale University Press. This book was released on 2022-09-02 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A ground-breaking account which shows how the public sector must adapt, but also persevere, in order to advance technology and innovation From self-driving cars to smart grids, governments are experimenting with new technologies to significantly change the way we live. Innovation has become vitally important to states across the world. Rainer Kattel, Wolfgang Drechsler and Erkki Karo explore how public bodies pursue innovation, looking at how new policies are designed and implemented. Spanning Europe, the USA and Asia, the authors show how different institutions finance new technologies and share cutting-edge information. They argue for the importance of 'agile stability', demonstrating that in order to successfully innovate, state organizations have to move nimbly like start-ups and yet ensure stability at the same time. And that, particularly in the light of the Covid-19 pandemic, governments need both long-term policy and dynamic capabilities to handle crises. This vital account explores the complex and often contradictory positions of innovating public bodies--and shows how they can overcome financial and political resistance to change for the good of us all.
Book Synopsis A History of Small Business in America by : Mansel G. Blackford
Download or read book A History of Small Business in America written by Mansel G. Blackford and published by UNC Press Books. This book was released on 2003-11-20 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
