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Bad times can be good for entrepreneurs

According to a recent study by the Kauffman Foundation, “The Economic Future Just Happened,” challenging economic times can serve as the rebirth of entrepreneurial capitalism, leading to the creation of much-needed new jobs. logo[1]

The study found that more than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market, along with nearly half of the firms on the 2008 Inc. list of America’s fastest-growing companies. The report also suggests a broader economic trend, with job creation from startup companies proving to be less volatile and sensitive to downturns when compared to the overall economy.

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This entry was posted on Sunday, June 28th, 2009 at 12:31 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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