For those of you who might have missed it, today's Wall Street Journal
(Page R1) reports some important numbers which we believe confirm that
decision makers in every sector (business [ big and small], government,
higher education, not-for profits) should consider even greater support of
the economic engine referred to as "small business". The numbers are
attributed by the WSJ to "Accelerating Job Creation in America: The Promise
of High Impact Companies", Corporate Research board, LLC for the SBA" and
include the following:
- "Just 6.3% of companies in the U.S.-almost all small firms-created
all net jobs between 1994 and 2008";
- "These firms created 10.7 million jobs in very four-year period
studied from 1994-2008";
- "As a whole, they also delivered more productivity than other
companies, as measured by revenue per employee";
Just some developments we see through our lens at TheGoldGroup, LLC are:
a) governments at all levels focusing on "targeted" business incubation and
support of entrepreneurs; b) big business starting internal "incubators" to
commercialize/ monetize research and development investment; c) universities
and colleges are looking to step up their coupling of resources with
business and government to support small and large business growth--to
produce a stream of revenue and educational opportunities.
Question: is there a role ( additional roles) for your organization in these
opportunities?