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Just How Important Are New Businesses?

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Abstract

New businesses are major job generators, so disappointing trends in firm formation have raised concern. Thorsten Drautzburg discusses why at least some of the worry might be misplaced.

Suggested Citation

  • Thorsten Drautzburg, 2016. "Just How Important Are New Businesses?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 1(4), pages 1-7, October.
  • Handle: RePEc:fip:fedpei:00010
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    Keywords

    Job Generators; New Businesses;

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