New Firm Creation in the United States

By: Richard T. Curtin and Paul D. Reynolds

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Synopsis: This volume includes contributions from the organizers and advisory board members of the Panel Study of Entrepreneurial Dynamics (PSED) II project, designed to enhance the scientific understanding of how people start businesses. Covering such topics as entrepreneurial behavior, demographic and gender factors, financing the emerging business, ownership arrangements, and the roles of social capital and technology, the information obtained includes data on the nature of those active as nascent entrepreneurs, the activities undertaken during the start-up process, and the characteristics of start-up efforts that become new firms. Including an appendix explaining the data collection procedures, the result is an introduction to the theories, conceptualizations, approaches, and measurement of the business creation process, and a guide for those planning more detailed analysis.