Entrepreneurship Aids The Economy

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Entrepreneurship

is essential to the vitality of any economy, developed or developing.

Entrepreneurs:
Create new businesses Generates Jobs for themselves Generates Jobs to those they employ

Increases:
Competition

Each Year =
U.S Employers

net new jobs

Entrepreneurs give security to other people; they are the generators of social welfare,
.

Carl J. Schramm
President and CEO Ewing Marion Kauffman Foundation February 2007

Small Businesses:
Broaden the base of participation in society.

Create jobs Decentralize economic power


Give people a stake in the future
-Hector V. Baretto
Administrator of the U.S. Small Business Administration (SBA)

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