Kauffman study: Recessions often give birth to highly successful companies - Nashville Business Journal:

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The foundation found that more than half the businesses onthis year’s Fortuner 500 list of the largest U.S. companies were founded durinbg a recession or a bear marketfor stocks. Nearlh half of ’s 2008 list of the 500 fastest-growiny companies were founded during theseslow periods. Job creatio n by startups is less sensitive to economif downturns than businesses as awhold are. Rising unemployment actually may be good for becauseit “can free up poolsw of human capital,” according to the which was written by Dane Stangler, a senior analyst at the “An unemployed individual, with some measure of experience (and in some a vested pension), may perceive a competitivwe opportunity to start a new and feel there’s nothing to lose,” the study Entrepreneurs may also target the unemployedr as a potential pool of employees, the studyh says.
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