Page 2 - Business Engine News Today

Development firm with a small venture capitalist firm. robert, i want to start with you since it comes out of you. theres been so much talk, you guys put a report out a year ago saying small business is the engine that drives the economy and now one year later youre coming out and saying small businesses arent even hiring. what does that mean for the economy? >> so actually what our previous report said is that its not just any small business, its really new businesses. those are under five year...

New firm start-up business engine slowing down janld the answer is, yes. we found that actually the number of jobs that are created by new firms started slowing in 2005 and then took a dramatic dip during the recession and really hasnt returned. >> robert, is this a function of -- in part it is. how big of a part of firms failing or firms not having the capital to grow versus technology? >> thats a very good question. actually, the raw numbers dont give an answer to it. all we can do is make gue...