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The sad state of entrepreneurship in America: What educators can do about it

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  • Phillips, Fred

Abstract

Today's entrepreneurial scene suffers from dysfunctional startups, a sick venture capital industry, possibly misplaced adulation from the public, and other troubling developments. This Perspective documents a number of current issues in technology entrepreneurship in the USA (many of which apply in other countries as well), offers prescriptions for what higher education institutions can do before, during, and after students' periods of study, and notes some recent and forthcoming events that may, in conjunction with universities' efforts, ameliorate the situation.

Suggested Citation

  • Phillips, Fred, 2018. "The sad state of entrepreneurship in America: What educators can do about it," Technological Forecasting and Social Change, Elsevier, vol. 129(C), pages 12-15.
  • Handle: RePEc:eee:tefoso:v:129:y:2018:i:c:p:12-15
    DOI: 10.1016/j.techfore.2018.01.001
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    Cited by:

    1. Moon Young Kang, 2020. "Sustainable Profit versus Unsustainable Growth: Are Venture Capital Investments and Governmental Support Medicines or Poisons?," Sustainability, MDPI, vol. 12(18), pages 1-11, September.
    2. Klofsten, Magnus & Fayolle, Alain & Guerrero, Maribel & Mian, Sarfraz & Urbano, David & Wright, Mike, 2019. "The entrepreneurial university as driver for economic growth and social change - Key strategic challenges," Technological Forecasting and Social Change, Elsevier, vol. 141(C), pages 149-158.
    3. Rayna, Thierry & Striukova, Ludmila, 2021. "Fostering skills for the 21st century: The role of Fab labs and makerspaces," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    4. Klofsten, Magnus & Lundmark, Erik & Wennberg, Karl & Bank, Nata, 2020. "Incubator specialization and size: Divergent paths towards operational scale," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    5. Rosangela Feola & Roberto Parente & Valentina Cucino, 2021. "The Entrepreneurial University: How to Develop the Entrepreneurial Orientation of Academia," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1787-1808, December.
    6. Gloor, Peter A. & Fronzetti Colladon, Andrea & Grippa, Francesca & Hadley, Beth Marie & Woerner, Stephanie, 2020. "The impact of social media presence and board member composition on new venture success: Evidences from VC-backed U.S. startups," Technological Forecasting and Social Change, Elsevier, vol. 157(C).

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