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Entrepreneurship in Rural Employment in the US

In: RURAL POLICIES AND EMPLOYMENT TransAtlantic Experiences

Author

Listed:
  • Tessa Conroy
  • Steven Deller
  • Matthew Kures

Abstract

Since the Great Recession (2007–2009), the job recovery in non-metropolitan counties has been less robust than in metropolitan counties. Part of that may be due to the industrial composition of rural areas, which have larger manufacturing and agricultural sectors than metropolitan areas. These two sectors, which have been growing in productivity and output, are doing so with less labor and therefore generate a smaller share of employment than they once did. Non-metropolitan counties have also lost employer businesses, meaning that there are fewer businesses to create job opportunities. Although these factors may make job growth more challenging, there may be untapped potential in non-metropolitan areas. The number of non-employer businesses in these areas has been growing and the rate of proprietorship is high compared to metropolitan areas. These entrepreneurial characteristics suggest that non-metropolitan areas have a foundation to support job growth. Historically, entrepreneurship has proven to be an important source of job creation, with new and young businesses generating close to half of all new jobs. Thus, non-metropolitan communities may find it strategic to access their most entrepreneurial populations and support new businesses to foster long-term job growth.

Suggested Citation

  • Tessa Conroy & Steven Deller & Matthew Kures, 2019. "Entrepreneurship in Rural Employment in the US," World Scientific Book Chapters, in: Sophia M Davidova & Kenneth J Thomson & Ashok K Mishra (ed.), RURAL POLICIES AND EMPLOYMENT TransAtlantic Experiences, chapter 6, pages 93-108, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9781786347091_0006
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    Cited by:

    1. Tessa Conroy & Sarah A. Low, 2022. "Opportunity, necessity, and no one in the middle: A closer look at small, rural, and female‐led entrepreneurship in the United States," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(1), pages 162-196, March.
    2. Tessa Conroy & Sarah A. Low, 2022. "Entrepreneurship, Broadband, and Gender: Evidence from Establishment Births in Rural America," International Regional Science Review, , vol. 45(1), pages 3-35, January.

    More about this item

    Keywords

    Rural Areas; Rural Development; Agriculture; Employment; Labor; Jobs; Common Agricultural Policy; European Union; United States;
    All these keywords.

    JEL classification:

    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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