ABSTRACT

A report by the Kauffman Foundation in Kansas City, Missouri, notes that 79 percent of Americans believe that entrepreneurialism is “critically important” to

job creation and rank it higher in that respect than either big business or government. Seventy percent of respondents also expressed that they felt that the health of our national economy “depends on” the success of entrepreneurs.1 Still, many communities place such a great emphasis on the attraction of new industries and the retention of the existing employer base that there is frequently an oversight of the potential in the internal growth of businesses by those in the community with an entrepreneurial orientation.