A recent story in The Wall Street Journal by Ruth Simon and Caelainn Barr had a provocative headline, calling young American entrepreneurs an “endangered species.”
The idea of youthful entrepreneurs diminishing in numbers conflicts with the portrayal of entrepreneurship in popular culture and the media as booming in college dorm rooms, with young adults dressed in hoodies, not suit and tie. But the data give reason for the Journal’s declaration and should cause policymakers to pause and reflect on the implications.
