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AD Editorial Board

Bill Luttrell

Senior Locations Strategist, Werner Global Logistics, Werner Enterprises
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Christine Bustamante

National Co-Leader, Global Location and Expansion Services, State and Local Tax, KPMG LLP
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Senior Economist, Moody's Analytics
Dean J. Uminski, CEcD

Principal, Crowe Horwath
Dennis Cuneo

Managing Partner , Fisher & Phillips
Eric Stavriotis

Senior Vice President, CBRE, Inc.
Gregory Burkart

Managing Director and Practice Leader, Site Selection & Business Incentive Advisory Services, Duff & Phelps, LLC
Jamie Lominack

Corporate Real Estate Manager, Michelin North America
John Morris

SIOR, Industrial Services Lead for the Americas, Cushman & Wakefield, Inc.
Josh Bays

Principal, Site Selection Group, LLC
Les Cranmer

Senior Managing Director, Savills Studley
Marc Beauchamp

Vice President & Partner, The CAI Global Group
Michael McDermott

Consulting Manager, Global Business Consulting, Cushman & Wakefield
Minah Hall

Managing Director, True Partners Consulting LLC
Scott Kupperman

Founder, Kupperman Location Solutions
Scott Redabaugh

Managing Director, JLL
Stephen Gray

CEO, Gray Construction
Thomas J. Stringer, Esq.

Managing Director & Practice Leader, Site Selection and Business Incentives Group, BDO USA
Tim Feemster

Managing Principal, Foremost Quality Logistics

Kauffman Foundation: The Importance of Startups in Job Creation and Job Destruction

Startup companies are almost exclusively responsible for net job creation, the Kauffman Foundation finds.

Kauffman Foundation

7/8/10

The Kauffman Foundation finds that startup companies are a critical part of the employment puzzle. According to a new dataset from the federal government called Business Dynamics Statistics (BDS), startups continuously create new jobs, while old companies are eliminating the most jobs.

Without startups, there would be no net job growth in the economy. Figures supporting this claim going back to 1977, and have only not proven true for seven of those 33 years.

As a group, startup firms add approximate 3 million jobs per year in the first year of existence. While existing companies do, of course, create jobs, existing businesses tend to lose more jobs than they create.