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- 1. Innovation and Training in New Firms ArchivedArticles and reports: 11F0019M2000123Geography: CanadaDescription:
Recent studies have demonstrated the quantitative importance of entry, exit, growth and decline in the industrial population. It is this turnover that rewards innovative activity and contributes to productivity growth.
While the size of the entry population is impressive - especially when cumulated over time - the importance of entry is ultimately due to its impact on innovation in the economy. Experimentation is important in a dynamic, market-based economy. A key part of the experimentation comes from entrants. New entrepreneurs constantly offer consumers new products both in terms of the basic good and the level of service that accompanies it.
This experimentation is associated with significant costs since many entrants fail. Young firms are most at risk of failure; data drawn from a longitudinal file of Canadian entrants in both the goods and service sectors show that over half the new firms that fail do so in the first two years of life. Life is short for the majority of entrants. Only 1 in 5 new firms survive to their tenth birthday.
Since so many entrants fall by the wayside, it is of inherent interest to understand the conditions that are associated with success, the conditions that allow the potential in new entrepreneurs to come to fruition. The success of an entrant is due to its choosing the correct combination of strategies and activities. To understand how these capabilities contribute to growth, it is necessary to study how the performance of entrants relates to differences in strategies and pursued activities.
This paper describes the environment and the characteristics of entrants that manage to survive and grow. In doing so, it focuses on two issues. The first is the innovativeness of entrants and the extent to which their growth depends on their innovativeness. The second is to outline how the stress on worker skills, which is partially related to training, complements innovation and contributes to growth.
Release date: 2000-12-08 - Articles and reports: 11F0019M2000148Geography: CanadaDescription:
There is a general sense that the 1990s labour market was unique. It has been characterized by notions such as "downsizing", "technological revolution", "the knowledge-based economy", "rising job instability", and so on. This paper provides an extensive overview of the performance of the 1990s labour market, and asks just how different it was from the 1980s. It goes on to ask if the facts are consistent with many common beliefs and explanations. The paper focuses on (a) macro-level labour market outcomes, and (b) distributional outcomes. Macro-level topics include: has the nature of work changed dramatically in the 1990s? has there been a continued ratcheting up of unemployment? have we witnessed rising job instability and increased levels of layoffs? did company downsizing increase in the 1990s? why did per capita income growth stall in the 1990s? for a worker with a given level of human capital, has there been a deterioration in labour market outcomes?
Much of the focus in the labour market over the 1980s and 1990s was on distributional outcomes - who is winning and who is losing. Some of the distributional outcomes of the 1990s labour market addressed in the paper include: outcomes for men and women; changes in the relative wages of the highly educated and earnings inequality; trends in the rate of low-income; the changing outcomes for recent labour market entrants, including young people and immigrants; and the extent to which technological change plays a major role in these outcomes.
The paper concludes with a discussion of the overall performance of the 1990s labour market as compared to the 1980s.
Release date: 2000-05-04 - Articles and reports: 21-601-M1996030Description:
This paper looks at trends in rural employment in Canada and compares them with trends for other Organisation for Economic Co-operation and Development (OECD) countries.
Release date: 2000-01-14
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- 1. Innovation and Training in New Firms ArchivedArticles and reports: 11F0019M2000123Geography: CanadaDescription:
Recent studies have demonstrated the quantitative importance of entry, exit, growth and decline in the industrial population. It is this turnover that rewards innovative activity and contributes to productivity growth.
While the size of the entry population is impressive - especially when cumulated over time - the importance of entry is ultimately due to its impact on innovation in the economy. Experimentation is important in a dynamic, market-based economy. A key part of the experimentation comes from entrants. New entrepreneurs constantly offer consumers new products both in terms of the basic good and the level of service that accompanies it.
This experimentation is associated with significant costs since many entrants fail. Young firms are most at risk of failure; data drawn from a longitudinal file of Canadian entrants in both the goods and service sectors show that over half the new firms that fail do so in the first two years of life. Life is short for the majority of entrants. Only 1 in 5 new firms survive to their tenth birthday.
Since so many entrants fall by the wayside, it is of inherent interest to understand the conditions that are associated with success, the conditions that allow the potential in new entrepreneurs to come to fruition. The success of an entrant is due to its choosing the correct combination of strategies and activities. To understand how these capabilities contribute to growth, it is necessary to study how the performance of entrants relates to differences in strategies and pursued activities.
This paper describes the environment and the characteristics of entrants that manage to survive and grow. In doing so, it focuses on two issues. The first is the innovativeness of entrants and the extent to which their growth depends on their innovativeness. The second is to outline how the stress on worker skills, which is partially related to training, complements innovation and contributes to growth.
Release date: 2000-12-08 - Articles and reports: 11F0019M2000148Geography: CanadaDescription:
There is a general sense that the 1990s labour market was unique. It has been characterized by notions such as "downsizing", "technological revolution", "the knowledge-based economy", "rising job instability", and so on. This paper provides an extensive overview of the performance of the 1990s labour market, and asks just how different it was from the 1980s. It goes on to ask if the facts are consistent with many common beliefs and explanations. The paper focuses on (a) macro-level labour market outcomes, and (b) distributional outcomes. Macro-level topics include: has the nature of work changed dramatically in the 1990s? has there been a continued ratcheting up of unemployment? have we witnessed rising job instability and increased levels of layoffs? did company downsizing increase in the 1990s? why did per capita income growth stall in the 1990s? for a worker with a given level of human capital, has there been a deterioration in labour market outcomes?
Much of the focus in the labour market over the 1980s and 1990s was on distributional outcomes - who is winning and who is losing. Some of the distributional outcomes of the 1990s labour market addressed in the paper include: outcomes for men and women; changes in the relative wages of the highly educated and earnings inequality; trends in the rate of low-income; the changing outcomes for recent labour market entrants, including young people and immigrants; and the extent to which technological change plays a major role in these outcomes.
The paper concludes with a discussion of the overall performance of the 1990s labour market as compared to the 1980s.
Release date: 2000-05-04 - Articles and reports: 21-601-M1996030Description:
This paper looks at trends in rural employment in Canada and compares them with trends for other Organisation for Economic Co-operation and Development (OECD) countries.
Release date: 2000-01-14
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