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.
Inhaltsverzeichnis (Table of Contents)
- United States Entrepreneurial Activity Analysis
- Introduction
- Entrepreneurial Activity in the United States
- The Role of Government in Entrepreneurship
- The Impact of COVID-19 on Entrepreneurship
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay analyzes the current state of entrepreneurial activity in the United States and investigates its decline. The study examines the role of government in fostering entrepreneurship and assesses the impact of the COVID-19 pandemic on entrepreneurial activity.
- The decline of entrepreneurial activity in the United States
- The role of government in supporting entrepreneurship
- The impact of COVID-19 on businesses and entrepreneurial activity
- Comparison of the United States' entrepreneurial activity to other countries
- Analysis of tax revenues and their correlation to entrepreneurial activity
Zusammenfassung der Kapitel (Chapter Summaries)
The first section of the essay establishes the context of the analysis by introducing the concept of entrepreneurship and its importance for economic growth. The analysis then dives into the current state of entrepreneurial activity in the United States, highlighting the country's relative decline compared to other nations. The essay examines the factors contributing to this decline, including weak cultural support for entrepreneurship, a lack of focus on the software industry, and a challenging high-growth market environment.
The next chapter explores the role of government in supporting entrepreneurship. It examines the impact of tax policies on businesses and their influence on entrepreneurial activity. The analysis highlights the correlation between government revenue and the health of the private sector, emphasizing the importance of a strong economy for fostering entrepreneurship. The chapter concludes by discussing the consequences of declining entrepreneurial activity, including rising unemployment, reduced government assistance, and increased budget deficits.
Finally, the essay delves into the impact of the COVID-19 pandemic on entrepreneurial activity. It explores how the pandemic has exacerbated existing challenges for businesses and contributed to a decline in entrepreneurial activity. The chapter highlights the difficulties faced by companies during the pandemic, including closures, job losses, and reduced economic activity.
Schlüsselwörter (Keywords)
The key focus of this essay lies in the analysis of entrepreneurial activity, its decline in the United States, and the impact of government policy and the COVID-19 pandemic on this decline. The essay examines a range of factors influencing entrepreneurship, including cultural support, software industry development, high-growth markets, tax policies, and the overall economic health of the country. It investigates the relationship between government revenue and the private sector, and explores the consequences of declining entrepreneurial activity, particularly in relation to unemployment, government assistance, and budget deficits.
- Citation du texte
- Antoine Niyungeko (Auteur), 2020, Entrepreneurial Activity in the United States. Why are the United State Outperformed by New Emerging Countries in Business Creation?, Munich, GRIN Verlag, https://www.grin.com/document/956951
