Why the U.S. Should Get More Credit From Entrepreneurs

Guitar maker David Berkowitz in his Washington (D.C.) workshop on Nov. 11, 2011 Photograph by Tom Williams/CQ Roll Call via Getty Images

U.S. policymakers are often chided to take action—to pass immigration reform, say, or invest in math and science education—to make sure the country remains a hotbed for innovation. Critics often frame those arguments around a looming crisis where the U.S. can’t compete with rising global powers such as China and India. But new data suggest the U.S. is doing just fine promoting entrepreneurship.

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