Of late, graduating from college has been a source of anxiety rather than excitement for many families. Youth unemployment is at 17%. Parents are concerned about their children’s future. Here’s one way parents and families can help: support their children’s entrepreneurial ambitions.
As the U.S. economy continues to hiccup, large-scale entrepreneurship is a badly needed remedy. In transitioning hundreds of thousands of people to self-employment and job creation through entrepreneurship, incubators look like an extremely helpful tool. But we need to produce more of the most effective incubators.