The Promise and Peril of Entrepreneurship: Job Creation and Survival among US Startups

— —

Robert W. Fairlie Zachary Kroff

The Promise and Peril of Entrepreneurship

Job Creation and Survival among US Startups

Robert W. Fairlie, Zachary Kroff, Javier Miranda , Nikolas Zolas

$95

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

MIT Press
05 September 2023

Economics

A clearer view of entrepreneurship, based on new comprehensive data, that upends what we know about job creation and survival among US startups.

A clearer view of entrepreneurship, based on new comprehensive data, that upends what we know about job creation and survival among US startups.

Startups create jobs and power economic growth. That's an article of faith in the United States-but, as The Promise and Peril of Entrepreneurship reveals, our faith may be built on shaky ground. Economists Robert Fairlie, Zachary Kroff, Javier Miranda, and Nikolas Zolas-working with Census Bureau microdata-have developed a new data set, the Comprehensive Startup Panel, that tracks job creation and the survival of every startup in the country. In doing so, they recalibrate our understanding of how startups behave in the US economy. Specifically, their work seeks to answer three critical questions- How many jobs does each entrepreneur create? Do those jobs disappear quickly? And how long do entrepreneurial enterprises survive? Job creation and survival rates are, the authors conclude, much lower than those reported by official federal sources. Such discrepancies emerge from the more comprehensive picture drawn from this new data set-a picture that, for instance, highlights the important but understudied differences between employer firms (startups that hire people) and nonemployer firms (startups that do not initially hire people but may do so in later years as they grow). This reframing captures the vast number of businesses that start with no employees, a number largely missing from the statistics underpinning the mythos of the riskiness of entrepreneurship. The book also explores who owns startups-focusing on differences by race and ethnicity.

With its new, wider view of the realities of job creation and survival among startups, The Promise and Peril of Entrepreneurship has significant implications for economic policymaking and research, and for the billions of dollars that the government and the private sector invest in promoting entrepreneurship.

By: Robert W. Fairlie, Zachary Kroff, Javier Miranda, Nikolas Zolas
Imprint: MIT Press
Country of Publication: United States
Dimensions: Height: 229mm, Width: 152mm,
Weight: 369g
ISBN: 9780262545358
ISBN 10: 0262545357
Pages: 264
Publication Date: 05 September 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Robert Fairlie is Professor of Economics at the University of California, Santa Cruz, and Research Associate, National Bureau of Economic Research. Zachary Kroff is an economist with the Center for Economic Studies at the US Census Bureau. Javier Miranda is Deputy Head of the Department of Structural Change and Productivity at the Halle Institute for Economic Research in Germany. He is also Associate Professor in Microeconomics, Productivity Research, at Friedrich Schiller University Jena. Nikolas Zolas is Senior Economist with the Center for Economic Studies at the US Census Bureau.