Just 1% of start-up companies create 40% of new jobs - a far smaller number of companies than had been thought - a World Economic Forum (WEF) study has found.
... The WEF Entrepreneurship_Report , in collaboration with Stanford University and Endeavor Global, said: "After avoiding the collapse of the global financial and economic system, governments around the world are now focused on building a foundation for future growth."
It said the purpose of its report was to provide insight into how to successfully foster entrepreneurship, with "the ultimate goal of improving economic growth, prosperity and quality of life".
The WEF study highlighted eight different key growth strategies for early-stage companies.
It said one key finding was that the similarities in early-stage companies around the globe are far greater than their differences. ...