The Secret to Job Growth: Think Small

With job growth lagging, local communities will be tempted to use tax breaks to attract big employers, but new research by Harvard economist Edward L. Glaeser and William R. Kerr of Harvard Business School indicates that's a misguided approach-growth is highly correlated with an abundance of small firms, not the presence of a few big ones.
Collection: HBSP (USA)
Ref: HBS-F1007C-E
Format: PDF
Number of pages: 2
Publication Date: Jul 1, 2010
Language: English

Description

With job growth lagging, local communities will be tempted to use tax breaks to attract big employers, but new research by Harvard economist Edward L. Glaeser and William R. Kerr of Harvard Business School indicates that's a misguided approach-growth is highly correlated with an abundance of small firms, not the presence of a few big ones.
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The Secret to Job Growth: Think Small

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"The Secret to Job Growth: Think Small"