Overcoming Barriers to Entrepreneurship in the United States

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Overcoming Barriers to Entrepreneurship in the United States compiles academic discussions of real and perceived barriers to the founding and running of small businesses in America. Each chapter illustrates how policy and economic environments can hinder business owners, and suggests what can be done to help them.

Starting with venture capital access in Silicon Valley during the Internet bubble, the book goes on to question the link between personal wealth and entrepreneurship, investigate how federal tax rates affect small-business creation and destruction, explain the low rate of self-employment among Mexican immigrants, and suggest how pension coverage can be increased in small businesses.

Concluding with an attempt to define what makes an entrepreneur, Overcoming Barriers to Entrepreneurship in the United States argues that policymakers need not create special incentives for entrepreneurs to create new businesses, though there is a great deal they can do to encourage entrepreneurs by removing legal and economic roadblocks to business creation.

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Editorial Reviews

The Weekly Standard
Overcoming Barriers brings high-level analysis to entrepreneurship....The seven essays are well organized and nicely edited.
— Thomas W. Hazlett
The Weekly Standard - Thomas W. Hazlett
Overcoming Barriers brings high-level analysis to entrepreneurship....The seven essays are well organized and nicely edited.
Charles Calomiris
The economic and social factors under which entrepreneurship thrives has been a neglected topic when compared to its economic importance as a contributor to growth, partly because it can be challenging to measure and isolate causal factors. This book is exceptional both for the quality of its empirical work, which does an excellent job identifying and measuring the relative importance of various causal factors (access to external funding, family wealth, the effects of taxes, and language or cultural barriers that explain the low levels of entrepreneurship among some minorities) and the variety of thoughtful perspectives brought to bear on the topic. The conclusions offer relevant and clear implications for policymakers interested in boosting entrepreneurship.
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Product Details

  • ISBN-13: 9780739121115
  • Publisher: The Rowman & Littlefield Publishing Group Inc
  • Publication date: 2/19/2008
  • Edition description: New Edition
  • Pages: 212
  • Product dimensions: 9.00 (w) x 6.00 (h) x 0.48 (d)

Meet the Author

Diana Furchtgott-Roth is senior fellow and director of the Center for Employment Policy at the Hudson Institute.

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Table of Contents

List of Figures     vii
List of Tables     ix
Acknowledgments     xi
What Are the Barriers for Entrepreneurs?   Diana Furchtgott-Roth     1
Easier Access to Venture Capital in Silicon Valley: Some Empirical Evidence   Junfu Zhang     15
Do Household Savings Encourage Entrepreneurship? Household Wealth, Parental Wealth, and the Transition In and Out of Entrepreneurship   Erik Hurst   Annamaria Lusardi     47
Federal Tax Policy and Small Business   Donald J. Bruce   Tami Gurley-Calvez     69
Mexican Immigrants and the Entrepreneurship Gap   Robert W. Fairlie   Christopher M. Woodruff     97
Improving Pension Coverage at Small Firms   William E. Even   David A. Macpherson     123
Success Stories from the Telecom Industry: How to Become an Entrepreneur   Eric Meltzer     157
Bibliography     171
Index     185
About the Contributors     193
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