Abstract
By "entrepreneurship education," YESG and its partners - including the National Foundation for Teaching Entrepreneurship (NFTE), the Aspen Institute and E-Trade Financial - primarily mean increasing the number of public school courses in business skills, business planning and ownership. They also want to meet broader challenges, such as maintaining an innovative society that can help the United States secure its competitive edge. I believe that American youth are among the world's most imaginative populations, constantly inventing and reinventing themselves and the country's youth culture, and forming businesses. Hip-hop, fashion, software and a dazzling array of youth-run and youth-oriented businesses - all part of America's export industry - demonstrate that youth-focused innovation and imagination are hallmarks of our market-oriented economy. One study published by MIT Press - "Does business ownership provide a source of upward mobility for blacks and Hispanics?" - shows that self-employed black and Hispanic men have higher mean and median earnings than their counterparts who work for someone else. Nevertheless, self-employed black and Hispanic men still earn less than self-employed whites.