Title:	Infrastructuring The Key to Achieving Economic Growth, Productivity, and Quality of Life
Authors:	A. Coskun Samli
Keywords:	Development
Issue Date:	2011
Publisher:	Springer
Description:	According to estimates, between 1980 and 2005 there were 40 million jobs created in the USA. Virtually all of these jobs were created by firms that were 5 years old or younger. They were all start-ups that happened to be innovative entrepreneurial companies not those who have been in existence for a long time, somewhat dysfunctional “too big to fail” types who needed to be bailed out during the current recession. If the American economy were to gain its resiliency, it will have to create new jobs by start-ups and not by “bailouts” (Friedman 2010). In order to help the start-ups to emerge and have entrepreneurs do their entrepreneuring, there has to be, first and foremost, a supportive infrastructure which would provide the physical facilities, intellectual capacity, and favorable conditions to do that entrepreneuring successfully. In other words, this is the foundation of economic activity. The critical question immediately emerges: Does the country’s offering have what it takes to create many successful entrepreneurs? If there isn’t enough energy, if domestic transportation is not up to par, if educational conditions are not geared for such an activity among other numerous conditions, the country or countries will not progress.
URI:	http://10.6.20.12:80/handle/123456789/27383
ISBN:	978-1-4419-7521-8
Appears in Collections:	Regional and Local Development Studies

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