Despite the surging interest in entrepreneurship as an economic development strategy, studies of the independent relationship between proprietorship formations and job growth are virtually non-existent. We find that self-employment or proprietorship rates are associated with faster job growth in...

Two powerful socioeconomic innovations are sweeping the nation, led by Wal-Mart Stores, Inc. and Starbucks Corp. These innovations both affect and are driven by profound labor market changes, but exactly how they affect self-employment or entrepreneurship has not been investigated. We examine...