Digital Commons Network^™

Entrepreneurship: The Engine Of Growth. Minniti, Maria, Andrew Zacharakis, Stephen Spinelli, And Mark P. Rice. (Eds.). Westport, Ct.: Praeger Publishers, 2007, 768 Pp., Us $300.00, Isbn 0275989860., Leticia Camacho

Faculty Publications

Existing literature demonstrates that there is a close link between entrepreneurship and economic growth, primarily because new businesses contribute to employment creation. According to U.S. Census data, small businesses employ up to 50% of the private work force and generate 60% to 80% of the net new jobs each year. In a time where countries face multiple economic challenges, entrepreneurs could play a significant role in the economic growth of a country, a state, or a city.