Entrepreneurship is Alive and Well in Rural America: A Four-State Study

Abstract

Are rural places inferior to urban areas in developing new businesses? Using employment insurance data for Arkansas, Iowa, Maine, and North Dakota, this study found that rural new businesses contribute substantially to job creation; that rural areas are as competitive as urban areas in developing new businesses; and that rural new businesses are as diversified as urban businesses. Based on these findings, the authors conclude that rural economies are not as inferior as contemporary wisdom would have us believe

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