Center for Urban and Regional Affairs, University of Minnesota
Abstract
Jobs provided by new firms accounted for 42-99 percent of the net increase in jobs in Minnesota between 1978 and 1986 and 12-29 percent of the net increase in personal income. This study considers the mechanisms behind new firm contributions to the state's economy, how their contributions can be predicted, and what implications this holds for government strategies. A 1986 survey of over 1,000 new Minnesota firms provided the data for this report. A summary of this study appeared in the April 1988 CURA Reporter
