The Entrepreneurial League System Assessment

Abstract

Governments need a successful economy. A successful economy is dependent on the success of individual business enterprises and their abilities to converge into a successful marketplace. In democracies, politicians generally require economic stability or growth to ensure re-election. In totalitarian states, a poor economy can be the impetus for a coup. Given this basic truth of governing, local, state, and federal governments have sought to create opportunities for business success. For a significant part of the world economy, a large segment is dominated by a relatively small number of enormous corporations. This trend continues and expands with globalization. Despite these changes, it remains the case that most businesses are actually small businesses. Although large corporations dominate the business news; small businesses are the foundation of a vigorous economy and spread the wealth in a fashion that is challenging for large enterprises. Successful entrepreneurs are the engine of a vital and egalitarian economy driven by successful small business enterprises. Therefore, a flourishing small business sector is a very desirable economic and political outcome (e.g., Sheahan, 2008).