Is American Entrepreneurship In Crisis?
Craig Hall, the writer of Boom: Bridging the Opportunity Gap to Reignite Startups, shares his view on the current state of entrepreneurship in the U.S.
What prompted you to write Boom?
In 2011, I heard a speech by Mark Zandi [chief economist of Moody’s Analytics] revealing that entrepreneurship in the U.S. was in trouble. I couldn’t believe it at first, but after beginning my own research, I became very concerned. We start half as many new businesses in this country today as we did 30 years ago. I began comparing my personal experience as an entrepreneur starting my business 50 years ago to the entrepreneurial ecosystem today.