Giving a Leg Up to Bootstrap Entrepreneurship
Expanding Economic Opportunity in America's Urban Centers
The regulatory climate for very small, neighborhood-based businesses, or microenterprises, in large American cities can significantly influence urban economic dynamism. Case studies of Boston, Dallas, Atlanta, and Los Angeles help illuminate the complexity and detail of regulatory barriers to entrepreneurship and identify programs and other efforts to encourage neighborhood-based development.
Entry-level businesses that require relatively little education and skills are the most likely venues for revitalizing poor, urban neighborhoods through neighborhood-based entrepreneurship. These include occupations such as taxicabs, street vending, in-home catering and food preparation, nail care, and hairbraiding.