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Revitalization In The Heartland Of America: Welcoming Immigrant Entrepreneurs For Economic Development, Paul Mcdaniel

Faculty and Research Publications

A potent combination of declining population growth and economic stagnation has led many citiesand metropolitan regions to rethink how to reinvigorate their communities. The Midwest is a primeexample of this trend. According to the Chicago Council on Global Affairs, “the Midwest cannot hopeto keep up with other regions or international competitors without a vital entrepreneurial sector.”1 TheCouncil notes that “immigrants, risk takers by nature, are unusually successful entrepreneurs, morethan twice as likely as native-born Americans to start their own firms.”2 As a result, immigration is oneof the strategies to which communities are repeatedly turning to fuel economic growth. A buddingplace-based …