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January 19, 2005
Gov. Bredesen No Fan of Small Business
HobbsOnline berates Tennessee Gov. Bredesen for seeming to be out of touch regarding the economic impact of small business, specifically as it relates to the debate over TennCare.
"Maybe the reason Bredesen's economic development focus during his eight years as Nashville's mayor was on recruiting big companies to open large operations in Nashville, and that he did little to nothing to aid the city's small-business sector, was that he really thinks Big Business is where the economic vitality and jobs growth is. If so, he'll never craft a successful TennCare reform. For a successful TennCare reform will accommodate the realities of today's economy - specifically, the reality that it is small businesses, not large ones, that employ most Tennesseans and, indeed, most Americans, and it is small businesses, not large ones, that fuel the nation's economic engine and generate most of its new jobs."
But Gov. Bredesen is not alone among public officials. The term entrepreneur is still rarely used in economic development policy discussions in Washington. Should Gov. Bredesen's ambitions take him to Washington some day, he will fit right in with his big business biases.
Posted January 19, 2005 03:59 PM
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at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
