West Virginia University professor James E. Smith argues that the U.S. needs more entrepreneurs and innovators, but our educational system seems bent on focusing on identifying and managing the symptoms of problems we face today rather than on solutions that address or eliminate the origin or root of those problems -- and in all too many cases, they find reasons NOT to pursue solutions that MIGHT create new problems, even when the potential for harm is tiny.
Entrepreneurship has been the backbone of the United States economy since its inception. The good news is that Americans are still entrepreneurial and willing to take risks in search of greater rewards both financially and personally. But the U.S. must ensure that its laws and regulations do not stifle innovation and entrepreneurship.
A place where exceptionalism is celebrated and rewarded; where reliance upon risk-willing entrepreneurs with good free market ideas — not government — drives progress; and where unparalleled life-enriching opportunities exist for those willing to earn them.