Enterprising Cities - A Force for American Prosperity

Wednesday, September 18, 2013 - 8:00pm

 

Cities play a pivotal role as drivers of America’s economy by creating and sustaining the local ecosystem for innovation, competitiveness, and productivity through enterprise-friendly policies that create jobs, enhance economic development, and build prosperity. According to Jim Clifton, author of The Coming Jobs War,

The reality is, when it comes to creating economic growth and good jobs, local leadership trumps national leadership. [Cities with] leaders with principles, policies, values, and beliefs that encourage business and entrepreneurship…are filled with booming start-up companies, and those cities have thriving economies that create authentic, organically grown good jobs.

A growing body of research, including The Metropolitan Revolution: How Cities and Metros Are Fixing Our Broken Politics and Fragile Economy, buttresses the assertion that pragmatic leaders at the city level can take on the issues that Washington will not, or cannot, solve.2 Enterprise-friendly policies at the city level can indeed facilitate local economic growth by supporting entrepreneurs and mobilizing effective partnerships for improving the conditions for business and job growth. Working together with businesses, city leaders can bolster expansion into national markets and exports to reach global markets.

City policies and practices that will help strengthen our free enterprise system—the system that has served as the foundation of America’s prosperity and the only system capable of creating the jobs we need for the long haul—are those that do the following:

Enterprising Cities: A Force for American Prosperity by U.S. Chamber of Commerce