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Young firms' contribution to aggregate employment has been underwhelming. However, a similar trend is not apparent in …
Persistent link: https://www.econbiz.de/10012660092
short-run employment growth in the formal sector. However, credit expansions increase average capability among entering …
Persistent link: https://www.econbiz.de/10014372477
, we exploit the recently developed Longitudinal Business Database (LBD), which contains annual observations on employment …, the employment-weighted mean volatility of firm growth rates has declined by more than 40% since 1982. This result stands … volatility among privately held firms. This pattern holds in every major industry group. Employment shifts toward older …
Persistent link: https://www.econbiz.de/10012466311
Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
We explore the role of founding teams in accounting for the post-entry dynamics of startups. While the entrepreneurship literature has largely focused on business founders, we broaden this view by considering founding teams as both the founders and early joiners. We investigate the idea that the...
Persistent link: https://www.econbiz.de/10012482633
formerly provided by the Statistics of U.S. Businesses program, which produced similar year-to-year measures of employment and …
Persistent link: https://www.econbiz.de/10012533388
, 55% higher employment growth and 80% higher sales growth five years later. Patent winners also pursue more, and higher …
Persistent link: https://www.econbiz.de/10012455413
While official measures of business dynamism have seen a long-term decline, early-stage venture financing of new companies has reached levels not observed since the late 1990s, resulting in a sharp debate about the state of American entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this...
Persistent link: https://www.econbiz.de/10012456579
n this paper I examine changes in self-employment that have occurred since the early 1980s in the United States. It is … Community Survey (ACS). In contrast to the official definition of self-employment which simply counts the numbers of … evidence on trends in self-employment for the US by race, ethnicity and gender. Evidence is also presented for construction …
Persistent link: https://www.econbiz.de/10012464674
investment boom of 1995-2000 drew many younger and less-educated workers into employment. Employment rates for these workers …
Persistent link: https://www.econbiz.de/10012456224