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March 16, 2004
LLC formation data supports entrepreneurial recovery assertions
Bill Hobbs has reported on more evidence of record levels of LLC formation (read about it here and here), an indicator of entrepreneurial activity. But, his report has raised some significant debate. The debate centers around two points. First, is the household survey an important piece of the puzzle in understanding true employment and the entrepreneurial economic recovery (it is and it is). Second, do LLC formations serve as a leading indicator of economic prosperity (it does).
Posted March 16, 2004 01:48 PM
at Belmont University in Nashville, Tennessee. He consults with a variety of businesses on start-up and growth related issues, and with larger corporations on re-establishing entrepreneurial cultures within their organizations. Dr. Cornwall's current research interests include entrepreneurial finance and entrepreneurial ethics. He has authored or co-authored four books.
