A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
Tuesday, October 25, 2011
Lionization of small business
Much is made of how small businesses are the main source of job growth in the economy. Turns out this is not really true. Start ups create jobs (and also destroy jobs if the fail), but existing small businesses as a group don't contribute that much to the overall jobs picture. As usual, my favorite finance blogger, Felix Salmon has the scoop.
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