The 4 Types of Small Businesses, and Why Each One Matters

Harvard Business Review

While only about 15 million of the self-employed earn receipts of over $10,000, recent research shows that sole proprietorships are achieving record profit margins—and numerous indicators predict the number of these businesses will continue to grow as technology allows more geographic flexibility and a continuing number of baby boomers take steps to open their own firms. America loves small businesses.

Can the U.S. Become a Base for Serving the Global Economy?

Harvard Business Review

businesses appear to be the result of both labor-saving technological changes and the outsourcing of parts of production to independent contractors in low-cost foreign locations. They include a weak K-12 education system; inadequate worker skills; a shortage of workers with backgrounds in science, technology, engineering and mathematics; restrictions on skilled immigrants; the crumbling infrastructure and a high corporate tax rate.

How Companies Can Help Rebuild America’s Common Resources

Harvard Business Review

Every company needs infrastructure – roads, bridges, ports – and every company benefits from the new technologies made possible by basic scientific research. Starting around 1980, however, shifts in technology, geopolitics, and governance changed the game. The ensuing waves of globalization and technological progress brought great benefits to American firms and consumers. Every company benefits from an educated populace. Every company needs skilled labor.