Monday, July 26, 2010

Power law and SMEs

More evidence of a power law.
The National Endowment for Science, Technology and the Arts, an independent trade body, calculates that just 6 per cent of the highest growth businesses generated 54 per cent of new jobs over the last decade.
This is important because it means that it is a few high quality SME creations that generate all the social benefit as well as the profit. More from the Financial Times Lex column,

No comments: