Increasingly, economic development experts are abandoning traditional approaches to economic development that rely on recruiting large enterprises with tax breaks, financial incentives, and other inducements. Instead, they are relying on building businesses from the ground up and supporting the...

This paper sets out to evaluate the role that entrepreneurs and small businesses play in economic development.  How important are entrepreneurs and small businesses in creating jobs, and are these the types of jobs that should be encouraged?  How important are entrepreneurs and small...