The Use of Credit Card Debt by New Firms August 10, 2009 Credit card debt often fills startup firms’ equity gap, but those with continuing high balances have reduced likelihood of success, according to this report.
The Anatomy of an Entrepreneur July 8, 2009 Although entrepreneurs provide the majority of jobs in the United States, little is known about what makes them tick. The Anatomy of an Entrepreneur fills in some gaps by providing insights into high-growth founders’ motivations, their socio-economic, educational, and familial backgrounds, as well as their views on the factors determining the success of start-ups.
The Coming Entrepreneurship Boom July 1, 2009 This research indicated the United States might be on the cusp of an entrepreneurship boom—not in spite of an aging population but because of it.
Right Sizing the U.S. Venture Capital Industry June 10, 2009 This short paper considers one aspect of the future of the venture capital industry, its size. How big should it be in terms of the aggregate underlying financial commitment to venture partnerships? Does it need to be larger to better equip entrepreneurs to solve the important problems we as a society face? Should it be smaller to take more risks, drive higher returns, and thus keep investors satisfied? How should we think about the role of venture capital in the future?
The Economic Future Just Happened June 9, 2009 According to this study, challenging economic times can serve as the rebirth of entrepreneurial capitalism, leading to the creation of much-needed new jobs.
Patterns of Financing: A Comparison between White- and African-American Young Firms May 12, 2009 This short report examines racial differences in access to financial capital. We focus on the role of capital injections—that is, injections of financial capital in the early, formative years after the business is started.
The Capital Structure Decisions of New Firms April 17, 2009 According to this study, nearly 75 percent of most firms’ startup capital is made up in equal parts of owner equity and bank loans and/or credit card debt, underscoring the importance of liquid credit markets to the formation and success of new firms.
Education and Tech Entrepreneurship April 17, 2009 This report discusses the results of a survey of 652 U.S.-born chief executive officers and heads of product development in 502 engineering and technology companies established from 1995 through 2005 to determine qualities of US-born tech entrepreneurs.
Business Dynamics Statistics: An Overview March 15, 2009 Excerpt from the overview: The Business Dynamics Statistics (BDS) includes measures of establishment openings and closings, firm startups, job creation and destruction by firm size, age, and industrial sector, and several other statistics on business dynamics. The U.S. economy is comprised of more than 6 million establishments with paid employees. The population of these businesses […]
Losing the World’s Best and Brightest: America’s New Immigrant Entrepreneurs, Part V March 14, 2009 Large banks, such as Bank of America, and other U.S. firms are reducing plans to hire foreign national students due to concerns over political backlash amidst growing U.S. job losses. However, this study indicates that lessening the number of foreign national students in U.S. jobs may be detrimental to the economic health of the country by accelerating the return of talented immigrant students to their home countries.