Do economic cycles of boom and bust affect the number of start-ups? Most analysts have linked entrepreneurial activity to economic growth as though it was a given … and conversely, believed that when recession struck, start-up activity slowed substantially. A recent study by the Ewing Marion Kaufman Foundation concludes that both theories are pure bunk. [...]
By David Kaplan - January 17th, 2009 No comments
During the darkest moments of the current financial crisis last January, some Boston entrepreneurs questioned whether they need to put off start-up timetables. They wondered if venture capital firms would retrench and wait for the economy to recover before funding any new businesses.