This paper analyses and presents how the rest of the world now influences the United States as its entrepreneurial activity rises and decreases. The result of the analysis shows that the United States are still dominated by emerging countries in entrepreneurial activities. This is a result of weak cultural support, software industry, and high-growth markets. However, in start-up skills, competitiveness, and emerging technology the United States remain strong. Taxes in the United States decreased in 2018 compared to 2017. This may be the consequence of the reduction of the number of new business and entrepreneurial activity.
Zoltan and Laszlo indicated that even though the United States seem to be among the top entrepreneurial economies, its performance is based on the sub-index of expectations but remains slightly on the sub-indexes of attitudes and operation. On institutional variables the US-output tends to be better than on individual variables. A country cannot be strong without a strong economy especially in the private sector. All countries are living by its population via the payment of taxes (tax on company income, tax on salaries and wages, value added tax, tax on dividend).
The government redistributes this under different payments (paying its employees, supporting the poor via subsidiaries, payment for health insurance, payment for military expenses, investing in public assets). It is clear that taxes are the main source of revenue for the government. When people are rich, they make their government rich through their contribution. There may be a positive correlation between the amount collected by the government and the number of employed people and the number of companies.
Table of Contents
1. Introduction and Analysis of Entrepreneurial Trends
2. Comparative Analysis of Global Entrepreneurial Rankings
3. Institutional Variables and Challenges for the U.S. Economy
4. Tax Revenue Analysis and Economic Impact
Research Objectives and Themes
This essay examines the shifting landscape of entrepreneurial activity in the United States, analyzing how the nation's performance is influenced by global competition and internal structural weaknesses. It aims to identify the correlation between startup health, tax revenue, and overall economic stability.
- Evolution of U.S. entrepreneurial activity since 2010
- Comparative analysis of global business startup rankings
- The role of institutional variables vs. individual variables in business success
- Economic consequences of declining entrepreneurial activity
- Quantitative analysis of tax revenue shifts between 2017 and 2018
Excerpt from the Book
The question that one may ask is why United State is outperformed by new emerging countries in new business creation. Zoltan and Laszlo (2010) indicated that even though the United States seems to be among the top entrepreneurial economies, it performance is based on the sub-index of expectations, but remain slightly on the sub-indexes of attitudes and operation. Regarding start-up skills, competitiveness, and emerging technology, the United States remained strong, but weak in cultural support, software industry, and high-growth market. On institutional variables, U.S. output tends to be better than on individual variables.
A country cannot be strong without a strong economy especially the private sector. All countries are living by its population via the payment of taxes (tax on company income, tax on salaries and wages, value added tax, tax on dividend, etc.). Government redistributes this under different payments (paying its employees, supporting poor via subsidiaries, payment for health insurance, payment for military expenses, investing in public asset, etc.). It is clear that taxes are the main sources of revenue for government. When people are rich, their make their government rich also through their contribution. They may be a positive correlation between the amount collected by government and the number of employed people, number of companies, etc.
The main consequences of the degradation of entrepreneurial activity is the increase in unemployment, reduction of the government assistance to poor, increase in vulnerable population, increase in government budget deficit. The following table gives idea how the
Summary of Chapters
1. Introduction and Analysis of Entrepreneurial Trends: Provides an overview of how the U.S. entrepreneurial environment has evolved and identifies the primary factors, such as R&D investment and innovation, that influence job creation.
2. Comparative Analysis of Global Entrepreneurial Rankings: Examines America’s standing relative to international competitors, noting a decline in new business births compared to closures since 2010.
3. Institutional Variables and Challenges for the U.S. Economy: Discusses the disparity between the U.S. strengths in technology and weaknesses in cultural support and institutional framework.
4. Tax Revenue Analysis and Economic Impact: Presents empirical data on the decline of U.S. tax revenues between 2017 and 2018, linking this trend to the broader context of reduced entrepreneurial activity and economic instability.
Keywords
Entrepreneurship, United States, Startups, Innovation, Business Deaths, Economic Growth, Tax Revenue, Unemployment, Institutional Variables, Private Sector, Competitiveness, Global Rankings, Business Model, COVID-19, Market Trends
Frequently Asked Questions
What is the primary focus of this paper?
The paper focuses on the analysis of entrepreneurial activity in the United States, investigating why the country is facing challenges in new business creation compared to emerging global economies.
What are the central themes of the research?
The central themes include the health of the U.S. private sector, the impact of innovation on economic growth, the correlation between startup success and tax revenue, and the structural weaknesses affecting American businesses.
What is the main research question?
The research seeks to understand why the United States is being outperformed by emerging countries in business creation and what the resulting economic consequences are for the nation.
Which scientific methods are employed?
The author utilizes a descriptive analysis of existing economic reports, comparative benchmarking against international startup indices, and a quantitative review of government tax data.
What is addressed in the main body of the work?
The main body covers the historical context of U.S. entrepreneurship, a critique of current leadership strategies, an analysis of institutional versus individual variables, and a statistical breakdown of tax revenue changes.
Which keywords define the work?
Key terms include Entrepreneurship, Startups, Innovation, Economic Growth, Tax Revenue, and Institutional Variables.
How does the author define the relationship between innovation and business?
The author argues that innovation is essentially worthless unless it is translated into a viable business model by an entrepreneur who creates a product or service that customers are willing to purchase.
What does the table in chapter 4 demonstrate?
Table 1 demonstrates a significant reduction in various tax revenue streams for the U.S. between 2017 and 2018, most notably a 47% drop in federal corporate income tax.
What impact does the author foresee from the COVID-19 pandemic?
The author suggests that the pandemic likely exacerbates the existing decline in entrepreneurial activity, leading to further business closures and higher unemployment rates.
- Citar trabajo
- Antoine Niyungeko (Autor), 2020, Entrepreneurial Activity in the United States. Why are the United State Outperformed by New Emerging Countries in Business Creation?, Múnich, GRIN Verlag, https://www.grin.com/document/956951
