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Business Dynamism in High Tech (view source)
Revision as of 19:04, 22 February 2016
, 19:04, 22 February 2016→Decline, causes of decline
In the robust period of aggregate productivity and job growth in the 1990s, the high tech sector and newly listed public companies exhibited increases in indicators in dynamism and entrepreneurship. However, since 2000, the high tech sector and publicly traded firms have exhibited a decline in dynamism. The number of IPOs has fallen in the post-2000 period and those that have entered have not exhibited the same rapid growth as earlier cohorts. [http://econweb.umd.edu/~haltiwan/Haltiwanger_Kauffman_Conference_August_1_2015.pdf]
The primary challenge start-ups in general face is access to capital. Only 29 percent of small business owners said they’ve applied for a business loan over the last two years. (Bank of America)
===Impacts===
===Conclusion===
