Analyzes the entrepreneur's contribution to job growth. Employment growth in the United States is compared to that of other developed nations in order to demonstrate that U.S. job growth is an economy-wide phenomenon rather than a phenomenon limited to a particular industry. Next, job generation...

The degree to which a firm's performance is dependent on its resources and strategies is widely debated in the literature. We examine this issue by analyzing historical data on the entire population of new independent firms started worldwide in the semiconductor silicon industry for the first 50...