Why Big Companies Matter in Job Creation – NYTimes.com


Why Big Companies Matter in Job Creation – NYTimes.com:

“The start-ups that make a outsized contribution to job generation are the ones that survive beyond five years, and begin to take off, heading toward and beyond the government-defined boundary of a small business (fewer than 500 employees).

You can read that and assume that big, older companies don’t play an important role in the job-creation game. That would be a mistake, economists say. The old-line companies may not create a lot of net new jobs in America, they say, but the big global corporations shape the environment that gives rise to entrepreneurial upstarts.”



(Via Google Reader.)

Thoughts? Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.