The United States of Entrepreneurs – The Economist

Statue of Liberty torch

I’m reading a special report from The Economist on entrepreneurship. One of the articles, The United States of Entrepreneurs, discusses how America still leads the world as a setting for spawning entrepreneurship. The reasons span business spirit, management philosophy, and legal groundwork. Even this:

Americans are unusually willing to try new products of all sorts, even if it means teaching themselves new skills and eating into their savings; they are also unusually willing to pester manufacturers to improve their products.

Even in the down economy–especially in the down economy–the entrepreneurial spirit thrives. Also, I appreciated this:

“When I was in college, guys usually pretended they were in a band,” comments one observer. “Now they pretend they are in a start-up.”

Rock on.