Backstage at the Smithsonian’s National Museum of American History, down a blockaded corridor on its second floor, Peter Liebhold slips on a pair of white cotton gloves. Liebhold, who has served as the museum’s chair of work and industry for the past 29 years, gestures to a table of artifacts: a Beanie Baby that used to reside on the desk of billionaire financier Bill Gross; a yellowing napkin upon which the ‘Laffer curve’ theorem was initially scrawled; the first-ever singing baby doll invented by Thomas Edison.

A single object, Liebhold says -- plain though it may be -- can provide a window into the essence of an era. And with a forthcoming exhibition called American Enterprise, Liebhold and team have turned a lens on entrepreneurship as the prism through which to understand our nation’s history.

Take Edison’s dolls. Though they boasted revolutionary technology when they first launched, the toys tanked on the market due to exorbitant pricing, their huge stature and shrill acoustics. Perhaps ahead of his time -- a full century before Lady Gaga arrived on the scene -- Edison even referred to the failed creations as his “little monsters.”

Google's First Server and a Crumpled Napkin Are About to Get Museum Treatment
Thomas Edison's Talking Baby Doll, 1890
Image credit: Jaclyn Nash, Smithsonian's National Museum of American History

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But the greater lesson here, Liebhold explains, is that America tolerates failure in a way that other countries don’t. “Failing doesn’t besmirch your family name, and your bad ideas don’t necessarily haunt you forever as they might elsewhere in the world,” he says. “Repentance is a theme -- and therefore, people take greater risks.”

American Enterprise marks a considerable risk for the Smithsonian as well. While smaller expos come and go, it will serve as “an anchor exhibit,” explains Melinda Machado, the museum’s director of communications. Debuting in 2015 and encompassing an 8,000 square-foot, $20 million investment, it is anticipated to run for at least 20 years.

Some of the show’s most illustrious artifacts poised for display include John Deere’s original plow, Eli Whitney’s cotton gin, Alfred Bloomingdale’s personal credit cards, a New York Stock Exchange booth from 1929 and a preliminary Google server made from corkboard.

Click here for an exclusive glimpse at 5 awesomely entrepreneurial objects also slated for inclusion.

Additionally, curators are collecting objects in brand new ways. While collection typically happens behind closed doors, Liebhold says, for the first time in its 168-year history, the Smithsonian is turning to social media to cull stories and objects from a watchful public. Right now, the museum is accepting contributions within the realm of agricultural entrepreneurship here. A community blog will also detail the exhibition’s progress in real-time and engage public opinion prior to its debut.

Though he says breaching social media has marked a steep learning curve, Liebhold believes it will ultimately benefit the project “by letting stakeholders become involved in the process, as well as helping people to identify with the end result.”

Another ploy to keep guests hooked on a subject matter that can be perceived as lackluster or unappealingly academic? A concisely-structured layout that touts long-beloved consumer brands and interactive components.

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Liebhold and team have opted to break the show down into four chronological segments: the Merchant Era (1770s to 1850s), the Corporate Era (1860s to 1930s), the Consumer Era (1940s to 1970s) and the Global Era (1980s to 2010s). Businesses have been divided into five total economic fields: agriculture, finance, information and communication technology, manufacturing and retail/service.

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Google's First Server and a Crumpled Napkin Are About to Get Museum Treatment
A rendering of the exhibition.
Image credit: Smithsonian's National Museum of American History

Three additional zones will supplement this larger narrative: Marketing Moments will feature notable ad campaigns over the years, Biography Snapshots will track influential figures and The Exchange will house games and activities where visitors can learn through play.

But what does Liebhold ultimately hope visitors take away from the exhibition? In addition to serving as a motivational experience for aspiring business owners, he hopes that it succinctly channels the two intertwining forces that have long shaped our American Dream.

“The notion of opportunity and the notion of a common good are the two strongest, most heartfelt dynamics that embody what it means to be an American,” he said. “Sometimes they run head to head, sometimes they work together, sometimes they’re like tectonic plates -- but the relationship between capitalism and democracy is the stuff of what this nation is.”

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