High Rate of Start - Ups Reveals Weaknesses
Ramon P. DeGennaro
University of Tennessee, Knoxville - Department of Finance
August 7, 2009
American Institute for Economic Research, Forthcoming
Start-ups and early-stage firms employ many people, innovate, and often grow rapidly. In the current recession, however, the increase in entrepreneurial activity does not necessarily mean good news about the state of the economy.
Number of Pages in PDF File: 2
Keywords: business formation, Kauffman Index of Entrepreneurial Activity
JEL Classification: E66, M13Accepted Paper Series
Date posted: August 11, 2009 ; Last revised: October 19, 2009
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