Our nation is trending backward in the innovation arena. The rate of startups has dropped steadily over the past 30 years, and deaths of American businesses first outnumbered births in 2008, according to the U.S. Census Bureau’s Business Dynamics Statistics.
Historically, many of the country’s most successful startups — examples include Dell, Microsoft, Facebook, Napster, FedEx and Apple — have been launched by college students. So it is imperative that we encourage our students to step up and venture into business on their own.
