More Evidence that Start-ups serve as New Job Engine

"These findings imply that America should be thinking differently about the standard employment policy paradigm. Policymakers tend to focus on changes in the national or state unemployment rate, or on layoffs by existing companies. But the data from this report suggest that growth would be best boosted by supporting startup firms."  (Robert E. Litan, vice president of Research and Policy at the Kauffman Foundation, on a new study showing the overwhelming role of start-ups as the job creation engine in the economy).