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Book Synopsis
A clearer view of entrepreneurship, based on new comprehensive data, that upends what we know about job creation and survival among US startups.

Startups create jobs and power economic growth. That’s an article of faith in the United States—but, as The Promise and Peril of Entrepreneurship reveals, our faith may be built on shaky ground. Economists Robert Fairlie, Zachary Kroff, Javier Miranda, and Nikolas Zolas—working with Census Bureau microdata—have developed a new data set, the Comprehensive Startup Panel, that tracks job creation and the survival of every startup in the country. In doing so, they recalibrate our understanding of how startups behave in the US economy. Specifically, their work seeks to answer three critical questions: How many jobs does each entrepreneur create? Do those jobs disappear quickly? And how long do entrepreneurial enterprises survive?
Job creation and survival rates are, the authors conclude, much lower th

The Promise and Peril of Entrepreneurship Job

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    A Paperback / softback by Robert W. Fairlie, Zachary Kroff

    10 in stock

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      Publisher: MIT Press Ltd
      Publication Date: 01/08/2023
      ISBN13: 9780262545358, 978-0262545358
      ISBN10: 0262545357
      Also in:
      Business, Finance & Law Economics

      Description

      Book Synopsis
      A clearer view of entrepreneurship, based on new comprehensive data, that upends what we know about job creation and survival among US startups.

      Startups create jobs and power economic growth. That’s an article of faith in the United States—but, as The Promise and Peril of Entrepreneurship reveals, our faith may be built on shaky ground. Economists Robert Fairlie, Zachary Kroff, Javier Miranda, and Nikolas Zolas—working with Census Bureau microdata—have developed a new data set, the Comprehensive Startup Panel, that tracks job creation and the survival of every startup in the country. In doing so, they recalibrate our understanding of how startups behave in the US economy. Specifically, their work seeks to answer three critical questions: How many jobs does each entrepreneur create? Do those jobs disappear quickly? And how long do entrepreneurial enterprises survive?
      Job creation and survival rates are, the authors conclude, much lower th

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