Profile of US Data Sources on Entrepreneurship

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Profile of US Information Sources on Enterprise. Richard Clayton and Jim Spletzer US Agency of Work Insights OECD Enterprise Pointers Directing Gathering Rome, Italy December 5, 2006. Business enterprise. "motor of development" Social and monetary opportunity, self-determination

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Profile of US Data Sources on Entrepreneurship Richard Clayton and Jim Spletzer US Bureau of Labor Statistics OECD Entrepreneurship Indicators Steering Group Rome, Italy December 5, 2006

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Entrepreneurship "motor of development" Social and monetary flexibility, self-assurance Must supplant business passings Must keep up financial essentialness Nationally Locally Geographic rivalry in US is developing International ramifications

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Goals of this paper To gather existing sources To profile their attributes To give a stage to recognizing qualities and shortcomings To help distinguish holes Hopefully, look for approaches to fill those holes

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Desired Characteristics of Entrepreneurship Data Accurate, convenient, significant Detailed by industry Detailed by topography Business scope Household/statistic scope Longitudinally connected Satisfies clients

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Uses and Users are at all levels: National, state, neighborhood – open and private User Goals Understand momentum condition Seek approaches to mediate or impact the financial and social condition Tax and different strategies Incentives Support new companies Incubators, science parks, Aid with financing

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Users: Examples Small Business Administration National Governor's Association National Association of Counties States: "Venture Florida" Counties: "Fairfax County Economic Development Authority" $6.4 M, 34 staff 5 nations Incubators, preparing, bolster Key: how to keep up the level of new companies How to help independent companies survive

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BLS Data Sources

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Census Bureau and Small Business Administration Data Sources

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Other Federal Government Data Sources

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Kauffman Foundation Data Sources

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Other Non-Government Data Sources

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Strengths and Weaknesses Each has advantages and shortcomings Tax-based and populace enumeration based sources are far reaching geologically and mechanically Few sources are ebb and flow Few sources are longitudinal

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Summary of Profile Wide exhibit of information sources exist Most business sources are government charge based sources, therefore exhaustive Most family unit sources are from populace censuses or little reviews Most are government with Kauffman Foundation, D&B most prominent from private segment Some response to most inquiries can be found with adequate examination

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Data Challenges Study of Entrepreneurship shows us about "innovative pulverization" Never finishing looking for of better items and administrations Providing information is comparative: Users dependably ask new inquiries Users dependably need to take after new thoughts and need information/data to help in this

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Number of Openings/Births

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Employment of Openings/Births

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Business Survival

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Survival by Industry

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Next Steps We will extend this to cover other worldwide sources Include more nitty gritty information definitions and cases of the subsequent information Develop a profile of how every information component and information source is utilized to answer questions

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More Next Steps Look for chances to: Contact more clients (state and nearby) Merge existing information into more useable organizations Expand on existing sources Identify holes Seek new accumulations to increase and satisfy crevices Look to List of Potential Entrepreneurship Indicators (see Davis)