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Where the Jobs Are: Entrepreneurship and the Soul of the American Economy Hardcover – September 16, 2013


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Product Details

  • Hardcover: 272 pages
  • Publisher: Wiley; 1 edition (September 16, 2013)
  • Language: English
  • ISBN-10: 1118573242
  • ISBN-13: 978-1118573242
  • Product Dimensions: 9.1 x 6.2 x 1.1 inches
  • Shipping Weight: 1 pounds (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (10 customer reviews)
  • Amazon Best Sellers Rank: #787,312 in Books (See Top 100 in Books)

Editorial Reviews

Review

“Three years ago John Dearie and Courtney Geduldig, who both worked for the Financial Services Forum, which represents America’s biggest financial institutions, came up with an inspired idea. Why not ask entrepreneurs themselves what is going wrong? Both big multinationals and established small firms have lots of representatives in Washington, DC. Entrepreneurs are too busy inventing their companies to spend time lobbying. The pair organized meetings and conducted lots of polls. Across a vast and diverse country they heard the same message from everyone they asked: entrepreneurship is in a parlous state. And everyone pointed to the same problems. The result is a new book, “Where the Jobs Are”, which should be dropped onto the heads of America’s squabbling politicians.”
The Economist

From the Inside Flap

During the Great Recession of 2008-2009 and the difficult year that followed, nearly 9 million American jobs were eliminated. The damage to U.S. labor markets was the most extensive, in both absolute and percentage terms, since the Great Depression, destroying all employment growth over the prior decade. Just as alarming—and in stark contrast to the historical pattern of deep recessions being followed by sharp rebounds—more than four years into the recovery, economic growth remains stalled and 24 million working-age Americans remain jobless, underemployed, or have left the workforce discouraged.

Perhaps most worrying, Washington seems out of ideas. Having done what history teaches must be done, policymakers now seem at a loss for what to do next.

With the hope of generating new policy alternatives, co-authors John Dearie and Courtney Geduldig launched an effort in April of 2011 to understand the nature and scope of the damage to U.S. labor markets and, if possible, identify new ways to enhance the economy's job-creating capacity. Shortly after they began their investigation, they learned of research that demonstrates how virtually all net new job creation in the United States over the past 30 years has come from businesses less than a year old—true "start-ups."

Stunned, they realized that Washington policymakers too often overlook and neglect the economy's true engine of job creation—new businesses. Investigating further, they also learned that America's job creation machine is faltering, with the rate of start-up formation declining precipitously in recent years.

To find out why, they launched an ambitious summer road trip—conducting roundtables with entrepreneurs in 12 cities across the nation. More than 200 entrepreneurs participated in these roundtables, explaining in specific terms the obstacles that are undermining their efforts to launch new businesses, expand existing young firms, and create jobs. Dearie and Geduldig came away from their summer journey struck most of all by the nation's stunning entrepreneurial dynamism. Another major takeaway—which is enormously significant from the standpoint of potential policy solutions—is that entrepreneurs from Austin to Boston and from Seattle to Orlando face the same burdens, frustrations, and difficulties.

The summer on the road with American entrepreneurs made several critical realities vividly clear: First, young businesses are extremely fragile, and yet, those new businesses that survive tend to grow and create jobs at very rapid rates. Second, the policy needs and priorities of new businesses are unique. Policies intended to enhance the circumstances of large corporations or even existing small businesses—however well intended—often miss the needs of new businesses. Third, policy help for America's job creators is urgently needed. Given the critical role they play in our nation's economy, America's young businesses need a comprehensive and preferential policy framework designed to cultivate and nurture start-ups.

Fortunately, Dearie and Geduldig now know what needs to be done. Meeting and listening to America's entrepreneurs revealed with unprecedented clarity and precision the major obstacles undermining their ability to launch new businesses, grow those businesses, and create new American jobs. In Where the Jobs Are, they present 30 specific policy proposals based on what the nation's job creators told them they need. The resulting policy agenda amounts to an altogether new, uniquely credible, and vitally important game plan for unleashing the job creating capacity of America's powerful entrepreneurial economy and putting a beleaguered nation back to work.


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3 of 4 people found the following review helpful By Mark Jean on October 13, 2013
Format: Hardcover
Required reading for anyone who cares about the world children will inherit from us. Jobs are more important than political dogma.
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3 of 4 people found the following review helpful By Brett Coffee on October 4, 2013
Format: Hardcover
The US economy remains stuck in neutral, Washington is broken, people are hurting because they can't find jobs and we can't seem to deal with the dislocations of the last several years. Well, politicians can't figure out how to help the situation, but instead have created a lot of the problems that real businesses have to cope with instead of going out and growing their businesses and creating jobs. Well, this book is filled with real-world descriptions from small business owners from across the country to understand the problems they have been dealing with, and more important some common-sense ways to get those problems out of the way so our business owners can start creating the jobs that the entire economy depends on. A non-partisan book filled with actual solutions, it's a must-read for everyone who cares about the economy. Washington insiders would also benefit to understand how real people are being hurt, and how they might actually help clear the road blocks to jobs creation.
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2 of 3 people found the following review helpful By K. Woody on October 3, 2013
Format: Hardcover
Dearing and Geduldig do a great job of framing the issue of the changing economy and jobs. Entrepreneurship has captured the attention of students and unemployed workers. More and more people are eschewing the corporate life and large companies to create value through their own companies. This book walks the reader through the opportunities and challenges to this changing situation, and provides a multitude of viewpoints from those on the front scenes all across the country. They conducted a job discovery roadtrip and interviewed hundreds of top professionals to gain a very unique perspective. Highly recommended.
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2 of 3 people found the following review helpful By Gary Shapiro on September 18, 2013
Format: Hardcover Verified Purchase
A must read for anyone who cares about the future of the US economy. While politicians all claim to care about job creation, they propose either irrelevant, harmful or tepid solutions. The authors of Where the Jobs Are use hard data to prove that new jobs come mostly from start ups. They then dig deep to figure out how to encourage the creation and success of start ups. Using survey and focus group research of entrepreneurs, they to define roadblocks and potential assists to success. In a helpful bonus they also share creative recommendations which would make entrepreneurs a special class of Americans whose ranks would increase.

As an author of two books on innovation, I agree on its importance as our defining national strategy and unquestionably entrepreneurs are critical to break through innovation which changes lives and produces jobs. Apple, Google, Zynga, Facebook, Group On and hundreds of other successful companies started recently and created tens of thousands of good jobs. We need more of these companies and our government should do everything they can to provide fertile ground for emerging start ups.

The authors present a lot of strong research and facts in a very readable style. They present a strong case for bipartisan action by Congress. I hope readers take note and urge their politicians to act.
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Format: Hardcover
Extremely insightful and on-target. Having worked with start-ups in my last job role this body of worked confirmed that what we were seeing locally and anecdotally was in fact not just local or anecdotal. Great work!
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