Entrepreneurs and Recessions: Do Downturns Matter?

6 Pages Posted: 16 Jul 2009

Date Written: December 15, 2008

Abstract

The relationship between company success and economic conditions at the time of a company's founding is ill-understood. Do weak economic conditions at the start lead to fewer companies founded? Do weak conditions lead to fewer successful companies? Do companies founded in better economic times fare better than those founded during recessions? The answers to these questions are important because of the central role that entrepreneurial ventures play in our economy, from job creation, to innovation, to improvements in our overall standard of living and GDP.

Keywords: downturn, recession, economic conditions, company success, entrepreneurship, entrepreneurial, innovation

Suggested Citation

Kedrosky, Paul, Entrepreneurs and Recessions: Do Downturns Matter? (December 15, 2008). Kauffman Foundation Education Research. Available at SSRN: https://ssrn.com/abstract=1352591 or http://dx.doi.org/10.2139/ssrn.1352591

Paul Kedrosky (Contact Author)

SK Ventures ( email )

San Francisco, CA
United States

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