Bear Sterns has released a new report offering more evidence that it is entrepreneurs driving most of our current economic expansion. Rather than investing in growth, most large corporations are sitting on their cash. One of the interesting findings of this study is that one of the major drivers of small business growth is “strong growth in final demand.” That is to say, entrepreneurs are giving the market what it wants, and many of these opportunities seem to be in markets that had previously been the domain of larger corporations. We are certainly seeing evidence of that in the music industry here in Nashville.
Thanks to Ben Cunningham for passing this report along.
Previous
Next