The Case for Why Tech Startups Deserve More Props

Facebook headquarters in Menlo Park, Calif. Photograph by Stephen Lam/Getty Images

New businesses are generally thought to be the economy’s primary driver of job creation. The argument goes that businesses starting from scratch only create jobs, while existing businesses hire, fire, and go out of business. But not all new businesses create and preserve jobs at the same rate, according to a study published today (PDF) by Engine and the Kauffman Foundation, echoing earlier research and commentary.

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