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I was just speaking with someone at the Kauffman foundation yesterday. Their research says that the vast majority of new job formation in the US economy comes
by iamelgringo 16y ago
I was just speaking with someone at the Kauffman foundation yesterday. Their research says that the vast majority of new job formation in the US economy comes from companies less than 5 years old.
And, out of those new jobs from young companies, 40% of those come from high growth technology sectors of various flavors.
50 to 60% of startups in Silicon Valley are founded by immigrants, or the children of immigrants.
Getting motivated, smart entrepreneurs in to this country is a no brainer way to jump start the economy, especially since capital is relatively easy to come by for new companies.
- HistoryInAction 16y agoLink re: Kauffman jobs - http://www.kauffman.org/uploadedFiles/firm_formation_importance_of_startups.pdf http://www.kauffman.org/uploadedFiles/firm_formation_importa...