ABSTRACT
In 1986, I authored a book entitled A Small Business Agenda: Trends in a Global Economy, in which I ventured the proposition that small businesses were becoming the main source of economic growth and job creation. I discussed the “entrepreneurial economy” and the role of small business that was evolving in the United States, and suggested that it might be a model for developing nations. However, I was not prescient enough to foresee the eventual relevance of this thesis to those countries then behind the iron curtain. Today the relevance of this assertion is evident, and I am more than ever persuaded of its universal application.
