New Book: Entrepreneurial Imperative

A timely, new, spirited book, The Entrepreneurial Imperative: How America's Economic Miracle Will Reshape The World-And Change Your Life (HarperCollins), adamantly shows how America can lead itself on a secure path for long-term expansion, primarily by supporting its number one, but underutilized, resource: entrepreneurial capitalism.

Author Carl Schramm, the president and CEO of the nation's largest foundation to promote entrepreneurship, The Kauffman Foundation, has a vision of seeing entrepreneurial capitalism reign in the United States and abroad.

The Entrepreneurial Imperative emphatically:

-Explains why America is so good at entrepreneurship and details how we can increase the number of start-ups and move the economy further away from depending on the failed trifecta of big-government, big-business, big-union.

-Shows how exporting entrepreneurship overseas is vital to America's continued economic growth, opening markets abroad while increasing a healthy competition at home. He shows why spreading entrepreneurship must be a pillar of our foreign policy - above military and political solutions.

-Details how we're in danger of stifling our entrepreneurial economy and shows what the government should do to nurture it.

-Identifies the crucial role start-ups play in Corporate America, detailing a symbiotic push-and-take relationship between the younger, brighter, eager rookies and the conservative, bureaucracy-riddled industry leaders.

-Complains about business schools and universities failing miserably. Schramm says universities should teach courses on entrepreneurship for non-business majors. Schools should also be more entrepreneurial themselves, owning and operating businesses, especially high-tech businesses, much like medical schools own hospitals.