The Next American Economy project brought together 30 experts from various disciplines to envision tomorrow’s economic and political challenges and develop today’s solutions. Their assignment: be bold, and leave the conventional wisdom — and their own opinions — behind. In today’s video, Dane Stangler of the Kauffman Foundation predicts that the entrepreneur class will become more diverse as a younger population makes use of new funding platforms.
By 2040, demographic trends will drive a flourishing of new kinds of entrepreneurial activities, speculated Dane Stangler, Vice President of Research and Policy at the Kauffman Foundation. We will see a bulge in the 20-40 age demographic — the key entrepreneurial age. But most importantly, new platforms — like crowd-funding and re-localized production — will allow for the diversification of entrepreneurship. For the first time, this will allow Americans from a wide range of backgrounds to build new businesses.