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by ggchappell
5161 days ago
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This article says that businesses created in the past 5 years have been a decreasing percentage of the total number of businesses. The two you linked to say that absolute business creation rates are stable-ish and/or growing a bit. Therefore, I suggest that one or both of the following are happening: - The total number of businesses has been growing, while the number of new businesses remained stable. - New businesses are failing (or being acquired?) more quickly, leading to fewer new businesses, despite roughly the same new-business creation rate. |
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In today's article the concern was voiced that the data "“raise questions about whether the United States is becoming less entrepreneurial given the lower pace of start-ups and the smaller share of activity accounted for by young firms.”"
However, reading the previous two Kauffman pieces would seem to allay that concern.