Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Second in a series of reports using data from the U.S. Census Bureau's Business Dynamics Statistics. Newly released data from the U.S. Census Bureau, the Business Dynamics Statistics (BDS), permit unprecedented tracking of business dynamics for U.S. firms and establishments. This is one of several briefings to be released over the coming months to highlight some key features of these new data. The Business Dynamics Statistics (BDS) is a product of the U.S. Census Bureau that measures business openings and closings, startups, job creation and job destruction by firm size, age, industrial sector, and state. The U.S. economy is comprised of more than 6 million establishments with paid employees. The population of these businesses is constantly churning - some businesses grow, others decline, and yet others close. New businesses constantly replenish this pool. The BDS monitors this activity to provide a picture of the dynamics underlying aggregate net employment growth.

Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Third in a series of reports using data from the U.S. Census Bureau's Business Dynamics Statistics. Newly released data from the U.S. Census Bureau, the Business Dynamics Statistics (BDS), permit unprecedented tracking of business dynamics for U.S. firms and establishments. This is one of several briefings to be released over the coming months to highlight some key features of these new data. The Business Dynamics Statistics (BDS) is a product of the U.S. Census Bureau that measures business openings and closings, startups, job creation and job destruction by firm size, age, industrial sector, and state. The U.S. economy is comprised of more than 6 million establishments with paid employees. The population of these businesses is constantly churning-some businesses grow, others decline, and yet others close. New businesses constantly replenish this pool. The BDS monitors this activity to provide a picture of the dynamics underlying aggregate net employment growth.

Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Newly released data from the U.S. Census Bureau, the Business Dynamics Statistics (BDS), allow unprecedented tracking of business dynamics for U.S. firms and establishments. This is the fourth in a series of briefings to highlight some key features of the data. What is the role of young entrepreneurial firms in job creation? Until now, researchers lacked comprehensive data broken out by firm age necessary for understanding this fundamental dynamic in our economy. A novel feature of the BDS is that employment growth and market selection can be tracked by firm age for the universe of U.S. private, non-agricultural businesses. The Business Dynamics Statistics (BDS) is a product of the U.S. Census Bureau that measures business openings and closings, startups, job creation and job destruction by firm size, age, industrial sector, and state. The U.S. economy is comprised of more than 6 million establishments with paid employees. The population of these businesses is constantly churning-some businesses grow, others decline, and yet others close. New businesses constantly replenish this pool. The BDS monitors this activity to provide a picture of the dynamics underlying aggregate net employment growth.

Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Census Bureau's Business Dynamics Statistics (BDS) provides data on business dynamics for U.S. firms and establishments with paid employees. This briefing highlights some key features of the most recent BDS update, which now has data through 2009 - the trough of the recent recession. The BDS shows a very large decline in gross job creation from existing firms as well as startups in the recession. Economy-wide job-creation rates and the job-creation rate from business startups (new firms) are lower in 2009 than in any year since at least 1980. The historically low rates in 2009 reflect many factors, the first of which is the very large decline in overall economic activity. However, the recession exhibited not only a very large decline in overall activity, but also an especially large reduction in overall job creation, and in job creation from startups and new establishments. The historically low job creation rates from business startups combined with a secular downward trend in job creation and destruction rates over the past few decades contribute to 2009's lower job creation rates. The Business Dynamics Statistics (BDS) is a product of the U.S. Census Bureau that measures business openings and closings, startups, job creation, and job destruction by firm size, age, industrial sector, and state. The U.S. economy is comprised of more than six million establishments with paid employees. The population of these businesses is constantly churning - some businesses grow, others decline, and yet others close. New businesses constantly replenish this pool. The BDS monitors this activity to provide a picture of the dynamics underlying aggregate net employment growth.

Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is well known that young businesses have higher net job creation rates and a higher pace of gross job creation and destruction. Using newly released statistics from the QWI by firm age and firm size, we show this well-known pattern holds in the QWI. But the QWI offer a unique perspective on additional features of the dynamics of workers and jobs by firm age and firm size. In this report we focus on two key features - worker churning and earnings dynamics. We show that a much larger fraction of hiring at young firms is due to job creation relative to more mature firms. However, in spite of this high ratio, the difference between the hiring and job creation rates (what we call worker churning) declines with firm age. The high pace of churning at young firms is consistent with the view that young firms are undergoing a period of experimentation and trial and error. The new findings on worker churning show that this experimentation results in a high churning rate for young firms. Worker churning rates fell substantially in the 2001 and 2007/09 recessions and also exhibit a related secular decline. The cyclical and secular declines in worker churning rates over the last fifteen years are over and above the previously documented decline in business dynamism as measured by job reallocation over the same period. Worker churning reflects the reallocation of workers across existing jobs, and the evidence here is that the pace of such churning has declined. Worker churning arguably contributes to improved match quality between workers and firms; hence, this decline potentially implies a decline in match quality in the United States. In a related fashion, it is an indicator that the U.S. labor market has become less flexible over time, at least in terms of the tendency to have workers move across firms. The secular and cyclical declines in worker churning are connected, since, in both the 2001 and 2007/09 recessions, worker churning declined substantially and then failed to recover to the previous peak. This downward pattern is more apparent for more mature firms; in that respect, young firms are more engaged in this form of flexibility. However, we also know that the share of startups and, therefore, young firms is declining over this same period (which we verify holds in the newly released QWI data). With fewer young firms, the overall decline in worker churning is even greater. Another new perspective on these dynamics that the QWI permits is tracking earnings per worker. We find that workers at young firms have lower earnings per worker than at more mature firms. This is not surprising, since it is clearly related to the well-known finding that workers at larger firms have higher wages and young firms tend to be small. However, we also document that the firm age wage premium has been rising over time. Thus, adding to the trend decline in the pace of startups, we also observe that earnings for workers at such startups have declined in relative terms as well.

Download or read book Business Dynamics Statistics Briefing written by John Haltiwanger and published by . This book was released on 2013 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic downturn of 2007-09 is one of the two largest cyclical downturns experienced in the United States in the post-WWII era -- the other being the 1982-83 downturn. This period stands out not just for the magnitude of the downturn but also for the slow pace of the recovery.Using data from the newest release of the Business Dynamics Statistics (BDS), this brief examines job creation and growth after the Great Recession, and the causes for its anemic performance.

Download or read book Understanding Business Dynamics written by Panel on Measuring Business Formation, Dynamics, and Performance and published by . This book was released on 2007-04-20 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. economy is highly dynamic: businesses open and close, workers switch jobs and start new enterprises, and innovative technologies redefine the workplace and enhance productivity. With globalization markets have also become more interconnected. Measuring business activity in this rapidly evolving environment increasingly requires tracking complex interactions among firms, establishments, employers, and employees. Understanding Business Dynamics presents strategies for improving the accuracy, timeliness, coverage, and integration of data that are used in constructing aggregate economic statistics, as well as in microlevel analyses of topics ranging from job creation and destruction and firm entry and exit to innovation and productivity. This book offers recommendations that could be enacted by federal statistical agencies to modernize the measurement of business dynamics, particularly the production of information on small and young firms that can have a disproportionately large impact in rapidly expanding economic sectors. It also outlines the need for effective coordination of existing survey and administrative data sources, which is essential to improving the depth and coverage of business data.

Download or read book Measuring Entrepreneurial Businesses written by John Haltiwanger and published by University of Chicago Press. This book was released on 2017-09-21 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges brings together and unprecedented group of economists, data providers, and data analysts to discuss research on the state of entrepreneurship and to address the challenges in understanding this dynamic part of the economy. Each chapter addresses the challenges of measuring entrepreneurship and how entrepreneurial firms contribute to economies and standards of living. The book also investigates heterogeneity in entrepreneurs, challenges experienced by entrepreneurs over time, and how much less we know than we think about entrepreneurship given data limitations. This volume will be a groundbreaking first serious look into entrepreneurship in the NBER's Income and Wealth series.

Download or read book Full Committee Hearing on the Impact of Financial Regulatory Restructuring on Small Businesses and Community Lenders written by United States. Congress. House. Committee on Small Business and published by . This book was released on 2009 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reengineering the Census Bureau s Annual Economic Surveys written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-09-12 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Census Bureau maintains an important portfolio of economic statistics programs, including quinquennial economic censuses, annual economic surveys, and quarterly and monthly indicator surveys. Government, corporate, and academic users rely on the data to understand the complexity and dynamism of the U.S. economy. Historically, the Bureau's economic statistics programs developed sector by sector (e.g., separate surveys of manufacturing, retail trade, and wholesale trade), and they continue to operate largely independently. Consequently, inconsistencies in questionnaire content, sample and survey design, and survey operations make the data not only more difficult to use, but also more costly to collect and process and more burdensome to the business community than they could be. This report reviews the Census Bureau's annual economic surveys. Specifically, it examines the design, operations, and products of 11 surveys and makes recommendations to enable them to better answer questions about the evolving economy.

Download or read book The Business Environment written by Paul Wetherly and published by Oxford University Press. This book was released on 2018 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: The only book with a 'themes and issues' approach that encourages critical engagement with contemporary debates in the business environment.

Download or read book The Second Machine Age Work Progress and Prosperity in a Time of Brilliant Technologies written by Erik Brynjolfsson and published by W. W. Norton & Company. This book was released on 2014-01-20 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The big stories -- The skills of the new machines : technology races ahead -- Moore's law and the second half of the chessboard -- The digitization of just about everything -- Innovation : declining or recombining? -- Artificial and human intelligence in the second machine age -- Computing bounty -- Beyond GDP -- The spread -- The biggest winners : stars and superstars -- Implications of the bounty and the spread -- Learning to race with machines : recommendations for individuals -- Policy recommendations -- Long-term recommendations -- Technology and the future (which is very different from "technology is the future").

Download or read book The Cambridge Handbook of Law and Entrepreneurship in the United States written by D. Gordon Smith and published by Cambridge University Press. This book was released on 2022-04-14 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: Law plays a key role in determining the level of entrepreneurial action in society. Legal rules seek to define property rights, facilitate private ordering, and impose liability for legal wrongs, thereby attempting to establish conditions under which individuals may act. These rules also channel the development of technology, regulate information flows, and determine parameters of competition. Depending on their structure and implementation, legal rules can also discourage individuals from acting. It is thus crucial to determine which legal rules and institutions best enable entrepreneurs, whose core function is to challenge incumbency. This volume assembles legal experts from diverse fields to examine the role of law in facilitating or impeding entrepreneurial action. Contributors explore issues arising in current policy debates, including the incentive effect of legal rules on startup activity; the role of law in promoting or foreclosing market entry; and the effect of entrepreneurial action on legal doctrine.

Download or read book Big Data for Twenty First Century Economic Statistics written by Katharine G. Abraham and published by University of Chicago Press. This book was released on 2022-03-11 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction.Big data for twenty-first-century economic statistics: the future is now /Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro --Toward comprehensive use of big data in economic statistics.Reengineering key national economic indicators /Gabriel Ehrlich, John Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro ;Big data in the US consumer price index: experiences and plans /Crystal G. Konny, Brendan K. Williams, and David M. Friedman ;Improving retail trade data products using alternative data sources /Rebecca J. Hutchinson ;From transaction data to economic statistics: constructing real-time, high-frequency, geographic measures of consumer spending /Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm ;Improving the accuracy of economic measurement with multiple data sources: the case of payroll employment data /Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz --Uses of big data for classification.Transforming naturally occurring text data into economic statistics: the case of online job vacancy postings /Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood ;Automating response evaluation for franchising questions on the 2017 economic census /Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer ;Using public data to generate industrial classification codes /John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts --Uses of big data for sectoral measurement.Nowcasting the local economy: using Yelp data to measure economic activity /Edward L. Glaeser, Hyunjin Kim, and Michael Luca ;Unit values for import and export price indexes: a proof of concept /Don A. Fast and Susan E. Fleck ;Quantifying productivity growth in the delivery of important episodes of care within the Medicare program using insurance claims and administrative data /John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood ;Valuing housing services in the era of big data: a user cost approach leveraging Zillow microdata /Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland --Methodological challenges and advances.Off to the races: a comparison of machine learning and alternative data for predicting economic indicators /Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch ;A machine learning analysis of seasonal and cyclical sales in weekly scanner data /Rishab Guha and Serena Ng ;Estimating the benefits of new products /W. Erwin Diewert and Robert C. Feenstra.

Download or read book Interim Report of the Green Growth Strategy Implementing our commitment for a sustainable future written by OECD and published by OECD Publishing. This book was released on 2010-07-01 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Green growth can be a way to pursue economic growth while preventing environmental degradation. The Interim Report highlights preliminary findings on a number of key issues that policymakers face in creating greener economies.

Download or read book Innovation and Entrepreneurship written by Charles H. Matthews and published by Routledge. This book was released on 2015-03-12 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a new model, the competency framework, for students, innovators, entrepreneurs, managers, and anyone who wants to better understand the dynamic world of innovation and entrepreneurship. Focused on both the individual and strategic organizational level, this book is about people and the competencies each person needs to learn to be successful in creating a more dynamic future. Matthews and Brueggemann’s framework for innovation and entrepreneurship competencies empowers individuals to excel at innovation and new venture creation. It provides a practical guide and clear and concise understanding of the knowledge, skills, attitudes, and experiences that are needed to increase imagination, creativity, innovation and new venture creation capability. Innovation and Entrepreneurship will be attractive for students of entrepreneurship, innovation, management and cross-disciplinary classes, such as design thinking. Presented in a modular format, Innovation & Entrepreneurship informs the future direction of people and technology, as well as the educational systems producing the next generation of innovators and entrepreneurs. Based on extensive academic research, this book is organized into two sections: Twelve innovation elements and twelve competency categories. The elements are the foundation and the competency categories are the building blocks that inform our path toward a more precise understanding of how innovation and entrepreneurship plays an important role in economic development and our daily lives.

Download or read book The Promise and Peril of Entrepreneurship written by Robert W. Fairlie and published by MIT Press. This book was released on 2023-08-01 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.