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The Effects of High-Growth Firms on the Economy

April 15, 2008, 11:45 a.m. - 2:00 p.m. - Hudson Institute, Washington, D.C. Headquarters

Waguespack, Stelzer, Furchtgott-Roth, and Stam
Erik Stam,
a fellow of the Advanced Institute of Management Research at Cambridge University, discussed his paper, “High Growth Entrepreneurs, Public Policies and Economic Growth.” In it, he contends that the development of entrepreneurs and small business owners as a whole is less important to a country’s economic development than the “gazelles” – companies identified in literature as having high growth potential. This suggests that small business policy is not necessarily most effective when it targets small businesses indiscriminately; rather, it may be more efficient to target those businesses most likely to create growth.

Irwin Stelzer, senior fellow at the Hudson Institute, commented. David Waguespack, professor of management at the University of Maryland Robert H Smith School of Business, also commented. Diana Furchtgott-Roth, senior fellow at the Hudson Institute, moderated the discussion.



12:00 p.m.
Presenter:
Erik Stam, Institute for Manufacturing, University of Cambridge

David Waguespack, Robert H Smith School of Business, University of Maryland

Moderator:
Diana Furchtgott-Roth,Hudson Institute

2:00 p.m.
Adjournment

To request information, please contact Hudson Institute at 202.974.6451 or e-mail Andrew Brown at Abrown@hudson.org.

Hudson’s Center for Employment Policy is grateful to the Ewing Marion Kauffman Foundation for the support of this program.

 

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