Top us summer destinations for It may be argued that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity, and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of societies based on market economies. Small businesses, and particularly new ones, are seen more than ever as vehicles for entrepreneurship, contributing not just to employment and economic growth but also to innovation and competitive power. The focus of the debate has shifted from small businesses as a social good that should be maintained by public policy at an economic cost, to small businesses as a vehicle for entrepreneurship. In fact, economic research has established that a cost in terms of foregone economic growth will be incurred from a lack of entrepreneurship. Top us summer destinations 2016.