Job Creation : The importance of startups
Interesting report from the Kauffman Foundation on job creation by startups in the USA and it’s importance. The oft-quoted American sports slogan, “Winning isn’t everything. It’s the only thing!” could well be attributed to the economic importance of firm formation in creating jobs. A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing. Policy makers take note – Job growth is driven, …