The Rise of the Entrepreneurial Society

Patrick Von Bargen, Doris Freedman and Erik R. Pages

Economic Development Quarterly, 2003, vol. 17, issue 4, 315-324

Abstract: The rise of the entrepreneur has been one of the least understood phenomena affecting the U.S. economy for the past few decades. When business observers and economic developers do acknowledge the impact of entrepreneurship, they tend to think of rugged individualists who go it alone and respond to market forces alone. We argue that the real story is more complicated. U.S. government policies—from research and development funds to tax codes—played a critical role in creating an environment conducive to new fast-growing businesses. This policy mix—the American formula for growth—fostered a vibrant system in which entrepreneurs could thrive. Effective future policy requires that we understand the genesis of these initiatives and continue to support and nurture this system.

Date: 2003
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0891242403256783 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:17:y:2003:i:4:p:315-324

DOI: 10.1177/0891242403256783

Access Statistics for this article

More articles in Economic Development Quarterly
Bibliographic data for series maintained by SAGE Publications ().