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The following article was published by Entrepreneur.com and attempts to rank U.S. Presidents according to how they helped the typical small business owner. The list is certainly not definitive, nor is there a consensus on the rankings, but what do you thin about the top 5? As an example counter-point, many scholars today say that FDR’s policies prolonged the Great Depression, which certainly would not have helped the entrepreneur.
Presidents Day is a holiday for Americans to honor the nation’s past and present leaders. But which presidents should small-business owners pay homage to?
The gulfs between the interests of small businesses often can be vast — a measure that helps one business can often hurt another. Some business experts would add that presidents themselves have only a marginal — if any — impact on the climate for small businesses. Congress, some say, typically has taken the lead role. And just about every president would say that they were pro-small business during their tenure in office.
Despite their wide-ranging job duties — from tamping down terrorism to reunifying the country — some presidents have managed to put small business and encouraging entrepreneurship front and center. To find out which U.S. presidents did the most for small business, Entrepreneur.com asked three people who have studied the subject: Doug Wead, a presidential historian, bestselling author and advisor to two presidents; Zoltan Acs, Read the rest of this entry »
By: Marshall Kirby, Public Policy Analyst
Opti Manufacturing, based in Luquillo, Puerto Rico, won third place in the Latin American regions Entrepreneurial Spirit Award sponsored by UPS. The contest was an initiative designed to recognize small and medium size enterprises (SME’s or PYME’s in Spanish) for innovation and success. Opti Manufacturing received $10,000 from UPS and supplies from Hewlett-Packard. More than 800 businesses entered the contest representing virtually every sector of industries. Read the rest of this entry »
The SBA’s yearly Global Entrepreneurship and Development Index was released this month and had some surprising results for both the U.S. and Puerto Rico.
The index, according to the executive summary released with the report:
. . . builds on and improves earlier measures by capturing quantitative and qualitative aspects of entrepreneurship. It measures entrepreneurial performance in 71 countries over three sub-indexes, 14 pillars, and 31 individual and institutional variables. The United States appears among the top entrepreneurial economies and ranks third on the GEDI.
It has long been held that the U.S. is the land of opportunity, especially for budding businesspeople, so this new finding brings a shocker to our country.
But perhaps, just as shocking is Puerto Rico’s rise to number #17. Read the rest of this entry »
Read this article which highlights the characteristics of the Puerto Rican Entrepreneur. It was written in 1994, but is not outdated.
You will have to create an account and log in to see the whole article, but it is worth a read if you are studying the island’s entrepreneurial prospects: http://www.jstor.org/pss/25613237