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January 06, 2005
Small Business Leading the Way in 2005
Bear Sterns has released a new report offering more evidence that it is entrepreneurs driving most of our current economic expansion. Rather than investing in growth, most large corporations are sitting on their cash. One of the interesting findings of this study is that one of the major drivers of small business growth is "strong growth in final demand." That is to say, entrepreneurs are giving the market what it wants, and many of these opportunities seem to be in markets that had previously been the domain of larger corporations. We are certainly seeing evidence of that in the music industry here in Nashville.
Thanks to Ben Cunningham for passing this report along.
Posted January 6, 2005 06:11 AM
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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.
