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→Small Business Birth and Death Rate
*By location, 13 of the quarter’s 16 IPOs were from U.S.-based companies.
[http://nvca.org/pressreleases/seventy-seven-venture-backed-companies-went-public-in-2015/ NVCA]
==Small Business Birth and Death Rate==
[http://www.brookings.edu/~/media/research/files/papers/2014/05/declining%20business%20dynamism%20litan/declining_business_dynamism_hathaway_litan.pdf Brookings Institute Business Dynamism Report]
[[Image:Screen Shot 2016-02-15 at 1.28.28 PM.png|500 px]]
*Business dynamism is the process by which firms continually are born, fail, expand, and contract, as some jobs are created, others are destroyed, and others still are turned over.
*Entrepreneurs key
*Recent research shows that dynamism is slowing down
**Across a broad range of sectors in the U.S. economy, even in high-tech
**National decline in business dynamism has been a widely shared experience
*Implies a continuation of slow growth for the indefinite future, unless for equally unknown reasons or by virtue of entrepreneurship-enhancing policies (such as liberalized entry of high-skilled immigrants), these trends are reversed
