US has a very vibrant economy and one of the prime reasons for it is a very thriving and dynamic environment for entrepreneurship. US is regarded as the world leader in Entrepreneurship and many countries are trying to imitate the success that US has achieved. This book tries to cover various aspects of this phenomenon. The occurrence in US has been able to unleash entrepreneurial energies and channelise them into economically productive activities. The phenomenon is explored and the mystery is uncovered. Each year, around 600000 to 800000 new businesses start in US and many of them turn out to be successful and help in the growth of the US economy. These businesses create new jobs, improve the quality of life of Americans, result in more varied and improved products and services. It produces a trigger effect on other businesses and industries. All this put together adds to the vibrancy of the economy and improves the US position in global economy. Venture capital is the lifeblood of entrepreneurship and US boasts of world leadership here, too. How the venture capital industry fuels the entrepreneurship phenomenon is explored in the book. Fostering and nurturing entrepreneurship is a very tricky and delicate issue. The US government and the policy makers are very particular about this. A few factors which are important include the availability of credit, provision of proper guidance and support and a more conducive legal policy environment. This book gives a taste and a feel of the subject. It can be regarded as an introductory text which, it is hoped, forms interesting reading.
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