Just read a great article about why Massachusetts was just recently named one of the best "New Economy" states. My favorite exceprt is:
"In recessions, there are higher levels of entrepreneurship because people who are laid off will use that opportunity to start a business," he said. "We won’t be in this predicament forever. States that foster risk-taking and treat this time as an opportunity will be in a better position when they emerge – they’ll be growing, instead of replacing the investments they slashed."