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Entrepreneurship in Emerging Domestic Markets
ISBN-13:
9780387728575
Veröffentl:
2007
Seiten:
154
Autor:
Glenn Yago
Serie:
7, The Milken Institute Series on Financial Innovation and Economic Growth
eBook Typ:
PDF
eBook Format:
EPUB
Kopierschutz:
1 - PDF Watermark
Sprache:
Englisch
Beschreibung:
As one examines worldwide economic growth over the past decade, it is clear that the U.S. economy has surpassed most of the industrialized world, both in its rate of growth and its ability to create wealth. Entrepreneurship is critical to this growth-entrepreneurs recognize the potential of new ideas, design applications, develop new products, and successfully bring products to market. They build companies and create jobs, generating new opportunities for wealth creation.
"An often-overlooked aspect of entrepreneurship in American is its role in emerging domestic markets (EDM). These markets - low-to-moderate income communities, ethnic- and women-owned businesses, urban areas - are frequently ignored by mainstream markets. Yet with current demographic trends, they are an increasingly large component of the US population. Entrepreneurship can serve as a means to foster business development in these emerging communities and as a critically important way to improve the standard of living in low- and moderate-income (LMI) sectors.
Entrepreneurship in Low and Moderate Income Communities.- Alleviating the Lagging Performance of Economically Depressed Communities and Regions.- State of Literature on Small- to Medium-Sized Enterprises and Entrepreneurship in Low-Income Communities.- On Government Intervention in the Small-Firm Credit Market and Economic Performance.- Stumbling Blocks to Entrepreneurship in Low- and Moderate-Income Communities.- The Role of Morris Plan Lending Institutions in Expanding Consumer Microcredit in the United States.- Policies to Expand Minority Entrepreneurship: Closing Comments.
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