Experts point to entrepreneurship as a driving force for the United States’ long-run growth trajectory. And while accelerators, incubators and venture capital find and shepherd young start-ups, data show that entrepreneurs have been forming fewer businesses since the 1980s. Professor Aaron K. Chatterji contends that a national “Main Street Fund” would favor state programs benefiting small business creation. getAbstract recommends this authoritative and solutions-based report to entrepreneurs and those who support them.
In this summary, you will learn
- Why “economic dynamism” continues to decline in the United States,
- How changes to the existing corporate-based incentive model could be effective in altering this environment and
- Why a “Main Street Fund” could be the solution.
About the Author
Aaron K. Chatterji is an associate professor at the Duke Fuqua School of Business.