The U.S. is home to one of the "most favorable entrepreneurial environments" in the world, of the 20 leading global economies.
Here's a look at what makes the U.S. a leading force for entrepreneurship :
Silicon Valley is a beacon for entrepreneurship across the globe and many other nations have looked to build their own version of the California innovation hub. But even throughout the U.S., a culture of entrepreneurship is "part and parcel of the country's DNA’’.
Strong and recovering financial markets
The availability of capital for entrepreneurs in the U.S. is relatively strong compared to other G20 nations.
The U.S. dominance in this category is largely due to its network of universities and research institutions.
Start-up in the USA
The top start-up ecosystems in the USA after Silicon Valley are Los Angeles, Seattle, New York, Boston and Chicago. These cities also are among the top 10 start-up ecosystems in the world.
New York City is chock full of startups shaking up industries, creating new businesses and models, and helping to reinvigorate the economy.
Could the next big tech boom be happening in New York!
The New York region has one of the strongest economies on the earth, one of the largest and most mature concentrations of financial services, the world’s two largest stock exchanges and an annual economic output greater than that of most countries.
In the global competition for talent, New York City has a great advantage as the world’s leading place for many of these amenities.
The Bay Area as a whole however, of which Silicon Valley is a part, would rank first with 387,000 high-tech jobs. Silicon Valley has the highest concentration of high-tech workers of any metropolitan area.
The region is the biggest high-tech manufacturing center in the United States.
Seattle — nicknamed "Silicon Forest " — is home to electronic commerce giant Amazon and a booming tech scene, and is adding high tech jobs at a faster rate than Silicon Valley.
In Los Angeles, the home of popular app Snapchat (headquartered in a beachside stretch known as "Silicon Beach") 94 start-ups were launched in the first half of this year. More start-ups were launched in Los Angeles than in any previous year.
Other American cities could also provide aspiring entrepreneurs the tools needed to run successful start-ups.
the Washington D.C. area proved the best place to launch his start-up because of the attention it gives to start-ups related to higher ed and policy.