Economic downturn is a great time for startups to begin and flourish
Dynamism in the economy comes from new businesses, but the bad news is new business creation has dropped over the past five years.
However, Americans can take comfort in the fact that “50 percent of our largest companies today were founded in either a bear market or in a recession,” said Robert Litan, a senior fellow with The Brookings Institution, a nonprofit think tank in Washington, D.C.
Litan believes it is possible for the United States to get its “mojo” back, especially if decision makers at the state and federal level will create policy friendly to startup businesses.
Economic leaders in Mississippi are recognizing…
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Prescription for success — Transcript Pharmacy continues fast growth
- MSU researchers develop timber-management software
- New law on taxing methods hailed as big win for businesses
- Panther Creek megasite — Putting a value proposition out there
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- BBB issues warning involving asphalt paving scam
- Running luxury car dealerships, like Mercedes of Jackson, comes naturally to Trudy Higginbotham Moody
- Baker Donelson's David A. Rueff Jr. co-authors guide
- Chris McDaniel responds to radio show audio clip