Technology-based startups are key drivers of America’s economic growth because they make outsized contributions to employment, innovation, and productivity. Unfortunately, policymakers tend to focus indiscriminately on helping small business startups without specifically targeting technology-based startups that have high growth potential. Meanwhile, overall rates of entrepreneurship have been falling, so many worry that technology-based startup activity may also be on the decline.
Please join ITIF for the release of a major new report which shows that while there have been economy-wide declines in new business formation, the state of technology-based startup activity has been positive over the past decade. An expert panel will discuss what policymakers can do to support the formation and success of these firms at the national and local levels.