THE ENTREPRENEURIAL SECTOR 9
businesses. The access to finance is easy in the US, and it is ranked first among the G20 nations
in the EY G2o Entrepreneurship Barometer (Kegel 2016, p. 20).
Kegel (2016, p. 20) argues there are various government entrepreneurship programs that
are aimed at helping SMEs at all levels of the government. There are several business
accelerators and incubators institutions in the US developed to help entrepreneurs launch new
businesses in the US. Although there is a sizable support system in the US, for the
entrepreneurial sector, it is ranked eighteenth among the G20 nations for government support
within the US. However, this is changing, with the increased investment from the Small Business
Administration which set aside $2 billion for entrepreneurial incubators and mentorship
programs. This is part of the Start-up American Partnership that seeks to foster the alliance
between universities, American corporations, foundations of thought, and innovative
entrepreneurs to success the competitiveness and potential of American SMEs (Kegel 2016, p.
21). Likewise, the US has seen a tremendous increase in the availability of college courses
geared towards small business management over the past fifteen years. The US is ranked third in
education and training among the G20 nations (Kegel 2016, p. 21).
R & D transfer is interested in the amount of investment to which the national research
and development will lead to a new commercial opportunity. Investment in research and
development is high in the US and is ranked third among the G20 nations. Equally important, the
US's physical infrastructure is excellent with a balance in the entire nation. Moreover, there are
no entry regulations for foreign investments and companies, thus making it easy to do business
(Kegel 2016, p. 22). Equally, the US government has several policies in place that promotes
entrepreneurship through several mechanisms, including partnering with US companies, investor
groups, and non-governmental organizations. Such programs include the Global Innovation