The Modern American Entrepreneur: Characteristics, Formative Legislation, and Modern Education

This research began by exploring traits and characteristics of the American entrepreneur. It continued by offering a history of these individuals, focusing primarily on the history of laws and regulations which have both positively and adversely affected the practice of entrepreneurialism in the United States. Current laws that affect entrepreneurship, along with the current state of entrepreneurial education in business schools, are explored in depth. This study concludes that the current system of business regulations and entrepreneurial education are flawed and that their failings have produced generations of business students who are unable to reach their full potential. A brief discussion follows that describes improvements that must be made to both business education systems and business regulatory structures in order to ensure that America's future business leaders and innovators may work and produce at their full potential.