Taimerica Management Company
Taimerica Newsletter
 
September 2008
electric car
IN and KY have been competing for the new Zap electric car facility.  Who won?
 
Quick Links
Which is the latest manufacturer to increase profitability on global trends?
Ketchup and fries
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"It Ain't Necessarily So"
The End of the Small Business Era?
Communities looking for prosperity have to court startups and entrepreneurs, right?
 
Academic and policy experts have been advocating the gospel of small since David Birch's landmark study appeared in The Public Interest in 1981.  Birch's article, entitled "Who Creates Jobs?", summed up the equation this way:
 
"Of all the net new jobs created in our sample of 5.6 million businesses between 1969 and 1976, two-thirds were created by firms with twenty or fewer employees, and about 80 percent were created by firms with 100 or fewer employees."
 
If Birch was accurate, the U.S. should have seen a metamorphosis in its economic structure over the last 30 years.  The proportion of jobs in the smallest firms should have mushroomed by two-thirds, and two-thirds of all Americans should be working in companies with fewer than 100 employees.  But as Porgy opines so crudely in Gershwin's Broadway hit: "It ain't necessarily so". 
Click here for the full article. 
Kolzow Delivers Keynote Address
Dr. David Kolzow recently attended the American Public Power Association Economic Development Conference in Nashville, where he delivered the keynote address "Becoming an Economically Dynamic Community in the 21st Century".
Taimerica Begins Project in MO
Taimerica is pleased to announce that we have been awarded a project for the Southeast Missouri WIRED Region to analyze regional strengths and weaknesses, identify business and industry sectors, and develop an outreach strategy to develop their regional workforce.  In other Missouri news, Gov. Matt Blunt says that Missouri's Quality Jobs program is "definitely the most popular incentive that we have" in his interview in the July Site Selection, and an important part of his pro-business legacy.  This policy was recommended by Taimerica as part of the statewide competitiveness study done in 2004.