Overcoming Barriers to Entrepreneurship in the United States
Lexington Books, 2008 - Business & Economics - 198 pages
Overcoming Barriers to Entrepreneurship 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 environment 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, to investigate how federal tax rates effect small-business creation and destruction, to explain the low rate of self-employment among Mexican immigrants, and to suggest how pension coverage can be increased in small businesses. Concluding with an attempt to qualify what makes an entrepreneur, Overcoming Barriers to Entrepreneurship argues that policymakers need not create 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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access to VC Access to Venture business owners business ownership census companies coverage at small DB and DC DC plans differences dummies earnings economic employees enclave effects entrepreneurial activity entrepreneurial entry entrepreneurs entrepreneurship exit filers firm size categories gap in coverage higher Hispanic household wealth Hurst and Lusardi income increase Internet Journal Labor Economics large firms legal status liquidity constraints marginal tax rates Mexican Mexican immigrants Mexican-born Nextel NLSY non-Hispanic white panel parental wealth pension plan percent percentage points percentile population probit model PSID rates of self-employment region regression risk rounds of VC sample self-employed self-employment rates Silicon Valley small and large small businesses small firms Sprint Nextel start-ups in Silicon starting a business statistically Table Valley's variables VC deal VC firms VC in Silicon VC industry VC investment venture capital venture capitalists VentureOne wage wealth distribution workers workforce