Fortune 500 Companies Startup in Strapped Economic Times

July 30, 2010 at 6:04 am Leave a comment

According to a 2009 study by the Ewing Marion Kauffman Foundation, challenging economic times can serve as the rebirth of entrepreneurial capitalism, leading to the creation of much-needed new jobs. The study, “The Economic Future Just Happened,” found that more than half of the companies on the 2009 Fortune 500 list were launched during a recession or bear market, along with nearly half of the firms on the 2008 Inc. list of America’s fastest-growing companies. The report also suggests a broader economic trend, with job creation from startup companies proving to be less volatile and sensitive to downturns when compared to the overall economy. Learn more here.

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Entry filed under: Entrepreneurship, Kauffman Foundation. Tags: , , .

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