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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....
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We examine effects of the COVID-19 pandemic on employment losses across metropolitan area status and population size …. Non-metropolitan and metropolitan areas of all sizes experienced significant employment losses, but the impacts are much … larger in large metropolitan areas. Employment losses manifest as increased unemployment, labor force withdrawal, and …
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We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based … employment, and the effects are primarily felt by the relatively smaller businesses; the impact on large businesses are generally … non-existent or weaker. Our results suggest that to truly understand the effects of uncertainty on employment dynamics, we …
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This paper investigates the relationship between state-based conflict and entrepreneurship. From a survey of the … opportunity-motivated forms of entrepreneurship, and (2) a positive association with unproductive and necessity-motivated forms of … entrepreneurship. We test these hypotheses by drawing on several state-based conflict and entrepreneurship measures, using appropriate …
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