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|Notes=Catherine revised adding information about Obama administration. It was decided it was best to keep this post historical, although Obama administration info could be used for a separate future post. If this post is to be published, it will need more substantial information about 1970s-1980s South American policypolitics.
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As the largest driver of economic growth, the innovation market and entrepreneurship ecosystem are key component of any nation’s financial engine. Intaking a fuel of novel ideas and motivated business people to churn out almost all new businesses and the vast majority of new jobs, micro and macro economists agree that entrepreneurship has resounding positive effects. Entrepreneurship has also been linked to non-economic benefits such as community development, social change, and increases in egalitarianism and democracy.