GASPRO International Journal of Eminent Scholars

A review of the literature in this area shows existing studies are scanty, as this study investigates entrepreneurship and the role of venture capitalists. The study makes use of descriptive statistics, which mainly focus on trend analysis, to show the development of both venture capital and entrepreneurship in the US from 2000 to 2023. The data for the study was collected from Statista and https://nvca.org/nvca-yearbook. The findings of the study have revealed that the rate of new entrepreneurial activity per 100,000 adults in the US from 2000 to 2021 was 0.36 percent, with 360 individuals starting ventures for every 100,000 adults. This metric provides insight into the prevalence and dynamism of entrepreneurship in the US over the past two decades, serving as a barometer for initiatives and a reference for policymakers, researchers, and stakeholders seeking an understanding of the shifts and patterns within the entrepreneurial landscape. The US investment and innovation climate is thriving, indicating economic health and entrepreneurial energy. This trend allows policymakers, investors, and industry stakeholders to make informed decisions to sustain and build momentum in the US venture capital space. The chart shows a significant upward trend in venture capital flow in the US from 2004 to 2022, with this study observing a recorded global transaction value of $20 billion in 2004 and the highest recorded transaction value of nearly $750 billion in 2021. This indicates a thriving and active venture ecosystem in the US, with the robust 2021 performance highlighting the industry's resilience and allure. This data can help investors, policymakers, and stakeholders make informed decisions about their participation in this rapidly growing area. The study recommended assisting new and early-stage companies first and foremost. It was also recommended by the study that there is a need to promote strategic investments with venture capital.