Entrepreneurship is at the heart of the American way. Leaders and innovators have shaped the future of industry, and have laid the footprint by which we live and work.
Nationwide entrepreneurship has experienced ebbs and flows in the past few decades. Entrepreneurship is often measured in startups, yet, long-term success of proprietary businesses may be a far stronger indicator of successful entrepreneurship. And, despite the recent uptick in startup activity, we acknowledge the potential fragility of entrepreneurship that threatens a key driver of economic strength for American communities.
At present, most research measure startups, which includes sole proprietors. Yet sustained, successful entrepreneurship with significant employment makes the strongest impact on vibrant communities.
