Are Young American Entrepreneurs Becoming Extinct?

January 26, 2015 | Issue 616 Are Young American Entrepreneurs Becoming Extinct? by Jason Wiens 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. Policy Innovations to Promote Immigrant Entrepreneurship by Mark Marich The issue of immigration reform continues to simmer as policymakers look for common ground on discussions such as improvements to the existing visa system and enhanced border security. A new Entrepreneurship Policy Digest from the Kauffman Foundation that summarizes several current immigration policy ideas argues that it remains difficult for immigrants to bring their entrepreneurial ideas to reality in America. This Week in Entrepreneurship Policy: CBO Releases Updated Economic Outlook by Mark Marich While several committees are still holding their organizational meetings this week-including the Senate Committee on Small Business and Entrepreneurship, a number have started to hold and schedule hearings. Following up on the Congressional Budget Office report released this afternoon, CBO director Douglas Elmendorf makes separate appearances before the House and Senate Budget Committees to outline the CBO budget and economic outlook.