On Average, New Firms Create Three MILLION New Jobs A Year (Kauffman Video)
Entrepreneurs drive job creation in the United States.
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
In today’s economy, we worry about jobs. But here at Women 2.0, we celebrate women entrepreneurs for their role in job creation.
Entrepreneurs, not large companies, create three million new jobs annually, as the Kauffman Foundation reminds us in the Sketchbook video below.
Large companies look to increase their product-to-employee ratio as a means of keeping costs low and profits high. However, new ventures (startups!) hire employees to create new products, and high-growth companies look to do just that.
Check out the Kauffman sketchbook video for a reminder of the importance of entrepreneurship in this milieu of economic recovery – we can do it!
Angie Chang is Editor-in-Chief and Co-Founder of Women 2.0, a media company offering content, community and conferences for aspiring and current women innovators in technology. Our mission is to increase the number of female founders of technology startups with inspiration, information and education through our platform. Previously, Angie held roles in product management and web UI design. Angie holds a B.A. in English and Social Welfare from UC Berkeley. Follow her on Twitter at @thisgirlangie.