article

new  research on startup growth

[WHAT]

  1. ] by Ben Casselman @fivethirtyeight.com - The Next Amazon (Or Apple, Or GE) Is Probably Failing Right Now 

[WHY]

  1. ] 

[WHERE]

  1. ] READ THE FULL ARTICLE
    1. ] http://fivethirtyeight.com/features/the-next-amazon-or-apple-or-ge-is-probably-failing-right-now/

[WHEN]

  1. ] 2016-03-03

[EXAMPLE]

  1. ] When Jeff Bezos founded an online bookstore in 1994, no one could have guessed that in less than 15 years, Amazon would fundamentally reshape the U.S. retail landscape.
  2. ] Amazon’s remarkable rise carries two important lessons for economists: 
  3. ] First, one ambitious, innovative company can have a huge impact not only on an industry but also on the economy as a whole. Amazon has contributed to the decline of entire industries — department stores, bookstores, movie rentals — while helping to create whole new ones.
  4. ] second lesson: Amazon’s success was almost completely unpredictable, at least from the outside. To an economist looking at data on new ventures, Amazon was merely a bookseller, hardly a business known for its breakout growth even before the Internet upended the industry.
  5. ] policymakers concerned with entrepreneurship at both the local and national level have long favored what economist Robert Litan dubbed a “shots on goal” approach: Try to encourage as many startups as possible. Most of those companies will fail. Of the survivors, most will never grow into major economic engines. But statistically, a few will turn out to be the next Amazon, with huge rewards for their local economies.
  6. ] In research set to be published on Monday, however, a team of researchers at MIT argues that Amazon’s rise wasn’t so unpredictable after all. The researchers believe they have found a set of characteristics that can identify which companies have a shot at success. That could allow cities and states to move beyond the shots-on-goal approach and instead try to foster the specific types of companies that are most likely to create jobs and drive innovation.

[HOW-TO]

  1. ]

[REFERENCE]

  1. ] SRC = HN, comments

 

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ID: 4996

NAME: ANALYSIS-new-research-on-startup-growth

DESCRIPTION: ] by Ben Casselman @fivethirtyeight.com - an analysis of some new research by MIT on startup growth. The Next Amazon (Or Apple, Or GE) Is Probably Failing Right Now

AUTHOR: article.author/s

EDITOR: article.editor/s

PUBLISHER: article.publisher/s

STATUS: Write

PRIORITY: -5

OWNER ID: 75

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