Monday, May 12, 2014

Derek Thompson — The Mysterious Death of Entrepreneurship in America

The story of American entrepreneurship begins with a tale of two definitions ofentrepreneur. When the press imagines the modern entrepreneur, our minds turn to tech—coders, hackers, hoodies, apps, Silicon Valley (the show), Silicon Valley (the valley). And it's true: This sliver of entrepreneurship has grown, by all sorts of measures, for example by venture-capital funding:

But researchers studying national entrepreneurship trends aren't caught staring at the tip of the iceberg. When they describe "declining business dynamism" (at Brookings) and steadily falling entrepreneurship (at BLS), they're looking at the whole block of ice. And it's melting.
The Atlantic
The Mysterious Death of Entrepreneurship in America
Derek Thompson

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