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Department of Agricultural, Environmental, and Development Economics


Growth and Change: Does Enhancing Ohio's Small Businesses and Entrepreneurs Provide the Key to Growth

Local economic development efforts are often focused on “growing from within” to tap local investment and entrepreneurial capacity.1 The good forms of dynamic and creative entrepreneurship are what policymakers try to encourage in order to increase economic growth, wages, wealth creation and innovation (among other things). Though not necessarily the same as entrepreneurship, greater numbers of small businesses and self employed are often associated with more entrepreneurship.  Thus, facilitating small businesses and self employed is viewed as one way to promote its development.

Publication type: 
Policy brief
Date published: 
Tuesday, January 1, 2008