Entrepreneurship in the United States : the future is now / Paul Davidson Reynolds.

Reynolds, Paul D. (Paul Davidson), 1938- [Browse]
New York : Springer, c2007.
xx, 221 p. : ill. ; 24 cm.


  • International studies in entrepreneurship ; 15. [More in this series]
  • International studies in entrepreneurship ; v. 15
Summary note
"Entrepreneurship is among the most vibrant and essential parts of the economy, and this book provides an assessment of changes over time in U.S. entrepreneurial activity. It is based on measures of participation of adults in new firm creation and gives an overview of basic patterns in the firm creation process. Based on three harmonized research programs and other complementary data, this book sheds light on the importance of new firms for job growth, productivity enhancements, and innovation, as well as a route for social mobility. By tracking the success or failure of entrepreneurs in creating new firms, this assessment includes comparisons of different groups, including women and minorities, as well as across different countries. Reynolds demonstrates that all sectors of the population are making significant contributions and argues that as long as the United States continues to make major investments in R&D and higher education, the U.S. entrepreneurial sector is well positioned to retain a leadership role in the world economy."--BOOK JACKET.
Bibliographic references
Includes bibliographical references (p. 207-210) and index.
1. Why Care? -- New Sectors -- Job Growth -- Productivity -- Innovation -- Economic Growth -- Participation in Business Start-ups -- Start-up Participation over the Work Career -- Social Integration, Mobility -- 2. What Is Entrepreneurship and How Do You Find It? -- Population Surveys: U.S. Entrepreneurial Assessment -- Population Surveys: U.S. Current Population Surveys [CPS] -- New Entries in Official Registries: U.S. Census and BLS -- Correspondence between Procedures -- 3. How Much and When? -- Single Item Index: 1993-2006 -- Total Entrepreneurial Activity Index: 1998-2006 -- Prevalence of Participation and Employer Firm, Establishment Registrations -- Are Different Groups Changing Participation Over Time? -- Personal Context -- 4. Comparisons across Space -- Firm Births: Spatial Diversity -- Firm Births: Regional Factors Associated with Variations -- Firm Births: Stability and Change in Firm Birth Rates -- Firm Births: Factors Associated with Change -- Survey Reports of Entrepreneurial Activity: Census Division Comparisons -- Survey Reports of Entrepreneurial Activity: Compared to Firm Birth Rates -- Survey Reports of Entrepreneurial Activity: Regional Factors and Variation -- 5. Individuals: Participation in the Business Life Course -- Who Becomes a Business Owner? -- What Are Business Owners Like? -- How Do People Get Involved? -- 6. What Happens in the Start-up Process? -- What Is the Outcome Once the Start-up Process Is Initiated? -- How Long Does It Take? -- What Kinds of Individuals or Situations Affect the Presence of a New Firm? -- What Happens in the Start-up Process? -- Interactions: Who They Are and What They Are Doing -- 7. Comparisons across the Firm Life Course -- Business Firms in the Life Course -- Firm Characteristics and Firm Life Course Stage -- 8. Start-up Funding: Expectations, Informal Support, and Accredited Investors -- Money Expectations: Investments and Returns -- Annual Funding for All Start-ups -- Informal Investors -- Who Are the Informal Investors? -- Investor and the "Informal Deal" -- The Start-up and the Informal Deal -- Accredited Investors -- 9. Comparisons across Space: United States and the World -- Global Comparisons: Selected Features of Entrepreneurial Activity -- Total Amount of Activity: Global Estimates -- National Factors Associated with Entrepreneurial Activity -- Global Regions and High Potential Entrepreneurship -- 10. Overview and Commentary -- Implications for Public Policy -- Implications for New Firm Creation -- Implications for Research -- App. A. Measuring Entrepreneurial Activity -- App. B. Firm Birth Rates by U.S. Labor Market Areas: 1976-1996 -- App. C. Sample Compared to Population on Household Income, Wealth.
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