Is America Becoming Less Entrepreneurial?

Professor Scott Shane of CWRU’s Weatherhead School of Management cites evidence that entrepreneurial activity is declining in the United States. The number of employer firms created annually has declined significantly since 1990, and the numbers of businesses created and those claiming to be self-employed have declined as well.

Most Americans would like to believe that this country is getting more entrepreneurial over time. While I wish this were true, the data don

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