scholarly journals The status of small business growth and entrepreneurial start-up capital availability during the current extended economic downturn

2016 ◽  
Vol 14 (1) ◽  
pp. 8-15
Author(s):  
Lloyd J.F. Southern

Since the 2007 and 2008 economic downturn in the United States and most other countries of the world, it has become difficult for small business and entrepreneurial start-ups to obtain funds for expansion and seed capital even if they are brave enough to attempt to grow their businesses or startups in the depressed widespread economic conditions. Different sources of possible funding are reviewed along with short and long term costs and benefits of each are discussed. Good decision making and wise choices are discussed and encouraged from a long term business success perspective

2020 ◽  
Vol 34 (2) ◽  
pp. 171-187
Author(s):  
Mark Partridge ◽  
Sydney Schreiner ◽  
Alexandra Tsvetkova ◽  
Carlianne Elizabeth Patrick

Even as economic incentives are increasingly used by policy makers to spur state and local economic development, their use is controversial among the public and academics. The authors examine whether state and local incentives lead to higher rates of business start-ups in metropolitan counties. Existing research indicates that start-ups are important for supporting (net) job creation, long-term growth, innovation, and development. The authors find that incentives have a statistically significant, negative relationship with start-up rates in total and for some industries including export-based and others that often receive incentives. The findings support critics who contend that incentives crowd out other economic activity, potentially reducing long-term growth. The authors also find that greater intersectoral job flows are positively linked to total start-ups, consistent with claims of those who advocate for policies that enhance labor market flexibility through reducing barriers to job mobility.


Author(s):  
Gilles Duruflé ◽  
Thomas Hellmann ◽  
Karen Wilson

This chapter examines the challenge for entrepreneurial companies of going beyond the start-up phase and growing into large successful companies. We examine the long-term financing of these so-called scale-up companies, focusing on the United States, Europe, and Canada. The chapter first provides a conceptual framework for understanding the challenges of financing scale-ups. It emphasizes the need for investors with deep pockets, for smart money, for investor networks, and for patient money. It then shows some data about the various aspects of financing scale-ups in the United States, Europe, and Canada, showing how Europe and Canada are lagging behind the US relatively more at the scale-up than the start-up stage. Finally, the chapter raises the question of long-term public policies for supporting the creation of a better scale-up environment.


2019 ◽  
Vol 5 ◽  
pp. 205032451987228 ◽  
Author(s):  
Jacob S Aday ◽  
Christopher C Davoli ◽  
Emily K Bloesch

While interest in the study of psychedelic drugs has increased over much of the last decade, in this article, we argue that 2018 marked the true turning point for the field. Substantive advances in the scientific, public, and regulatory communities in 2018 significantly elevated the status and long-term outlook of psychedelic science, particularly in the United States. Advances in the scientific community can be attributed to impactful research applications of psychedelics as well as acknowledgement in preeminent journals. In the public sphere, Michael Pollan’s book How to Change Your Mind was a commercial hit and spurred thought-provoking, positive media coverage on psychedelics. Unprecedented psychedelic ballot initiatives in the United States were representative of changes in public interest. Finally, regulatory bodies began to acknowledge psychedelic science in earnest in 2018, as evidenced by the designation of psilocybin-assisted psychotherapy to “breakthrough therapy” status for treatment-resistant depression by the U.S. Food and Drug Administration (FDA). In short, 2018 was a seminal year for psychedelic science.


2019 ◽  
Vol 9 (2) ◽  
pp. 75-97
Author(s):  
Wai Ting

AbstractThe rise of China has aroused heated debates on whether the country would become the “revisionist” power in challenging the supreme position of the “status quo” power, the United States. This paper aims to examine whether the rise of China would, firstly, empower Beijing to solve the long-term crisis in the Korean Peninsula, and secondly, complicates the picture in solving the difficult historical and political issues in Sino-Japanese relations. It is argued that the increasing economic and military capabilities of China are not instrumental in fostering significant changes within North Korea and in monitoring the external behavior of its leaders. A more nationalistic China which lacks soft power also hinders a favorable solution to the challenges of Sino-Japanese relations.


Author(s):  
Erik PM Vermeulen

The Capital Markets Union (CMU) aims to strengthen capital markets and investments in the EU. The rationale behind such a union is that it is necessary to provide businesses, particularly start-up companies, with a greater choice of funding at lower cost. More generally, it is assumed that, in the long-term, greater choice increases access to finance and fosters economic growth. This chapter argues that although the CMU may be a necessary step, it has to be situated in a much broader discussion about how to create successful innovation ecosystems. Such an approach highlights the sector-specific needs of start-ups (and scale-ups) and the importance of mobilizing other players, particularly established corporations.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ronit Yitshaki ◽  
Eli Gimmon ◽  
Susanna Khavul

Purpose This study aims to examine the extent to which board size, the use of power by venture capital investors and entrepreneurs’ interpersonal tactics such as persuasion to sway board decisions, influence the long-term survival of start-ups. Design/methodology/approach This study used a mixed-methods approach. The quantitative part is based on data collected from 179 chief executive officers (CEOs) of high-tech start-ups community financed by venture capitalists (VCs) in Israel of which 59 did not survive. To achieve a better understanding of these findings, semi-structured interviews with 12 entrepreneurs were conducted. Findings Smaller boards were positively associated with venture survival. The use of power by VC investors positively influenced start-up survival. CEO persuasion had a negative effect on venture survival; however, its interaction with board size suggests that it had a lesser effect on very small boards. Practical implications Although investors’ control over decision-making contributes to long-term survival, entrepreneurs should be aware of the possible detrimental effects of exercising a high level of persuasion in board processes. The findings also suggest that a small board size is preferable for start-up survival. Originality/value Exploring the effect of board processes on venture survival is considered complex. A unique sample of high-technology start-ups consisting of both surviving and failed start-ups was analyzed to explore the effects of persuasion and power in board processes.


Subject Regime resilience in the Middle East. Significance The Middle East's political order has been shaken at the start of the 21st century by the sudden and violent removal of long-standing authoritarian rulers in Tunisia, Libya, Egypt, Iraq and Yemen; mass protests against the government in Tehran; and the collapse of regime authority in large parts of Syria. Far from paving the way to an era of more democratic and stable rule in the Middle East, most countries have instead experienced increasingly dysfunctional governance, reinforced authoritarianism, sectarian tensions, or civil wars. This raises questions about the sustainability of the status quo and the long-term direction of political systems across the region. Impacts Some countries may yet transition to more representative and accountable forms of government over the next ten years (Tunisia, Morocco). Deteriorating economic conditions and escalating proxy conflicts will see volatility rise across the region. The United States will resist pressure to step up its intervention in the region to help restore stability. Political Islam is unlikely to make a serious comeback in the near term, but will be active in Morocco, Tunisia, Bahrain and Kuwait. Regime repression and security force brutality will radicalise political opposition and increase recruitment to jihadist groups.


ILR Review ◽  
2019 ◽  
Vol 72 (5) ◽  
pp. 1262-1277 ◽  
Author(s):  
Robert W. Fairlie ◽  
Javier Miranda ◽  
Nikolas Zolas

The field of entrepreneurship is growing rapidly and expanding into new areas. This article presents a new compilation of administrative panel data on the universe of business start-ups in the United States, which will be useful for future research in entrepreneurship. To create the US start-up panel data set, the authors link the universe of non-employer firms to the universe of employer firms in the Longitudinal Business Database (LBD). Start-up cohorts of more than five million new businesses per year, which create roughly three million jobs, can be tracked over time. To illustrate the potential of the new start-up panel data set for future research, the authors provide descriptive statistics for a few examples of research topics using a representative start-up cohort.


<em>Abstract</em>.—The status of paddlefish <em>Polyodon spathula </em>in the United States was first described in two surveys published in 1986 and 1997; in this paper, we report the results of a similar survey of state and federal agency personnel that we conducted in 2006. From the 1970s through the 1990s, the status of paddlefish stocks was on a downward trend throughout much of the species’ range. The 2006 survey results suggest that the status of paddlefish stocks has improved since the first survey was conducted; 17 of 26 states in 2006 reported that their paddlefish populations were stable or increasing, compared to only 14 states in 1983 and 1994. The number of states with closed fisheries (i.e., no commercial or sport harvest) increased to 12 in 2006 from 8 in 1983. The number of states reporting declining or stable/declining paddlefish populations dropped from seven states in 1983 to only three states in 2006. The two principal reasons cited for reported declines have remained the same for more than three decades: habitat loss and overfishing. Two states where paddlefish were listed as extirpated (New York and Pennsylvania) have begun restoration efforts that may one day allow the status of paddlefish in those states to be changed. As long as the demand for caviar remains strong, pressure on paddlefish stocks will undoubtedly remain high in the seven states where they are commercially exploited. However, earlier fears of a basin-wide collapse in paddlefish stocks should continue to diminish if resource managers are successful in combating overfishing and continued habitat destruction, which will always threaten the long-term viability of paddlefish stocks throughout the Mississippi River basin.


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