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An entrepreneur’s mindset for NM

Friday, August 17, 2018

When one examines the growth of economies in cities, states or small nations, it is apparent that those with the highest rates of job creation and salary growth owe this growth to entrepreneurs who are using high-tech to start new companies with high-growth potential.

The dominant religions in an area, through impact on local culture, seem to be very important to an economy. This impact can be either positive or negative. For example, two of the fastest growing high-tech economies, Israel (Jewish) and Northern Utah (Mormon) are particularly successful at producing entrepreneurs. Conversely, New Mexico (Catholic and Protestant), despite a high density of technical talent and R&D spending, is unsuccessful in building an entrepreneurial economy.

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Greater Gallup Economic Development Corporation | 102 W. Hill Avenue, PO Box 1795 | Gallup, NM  87301
Phone (505) 722-2980 | Fax (505) 722-2987