Startups drive job growth with cash from venture funds

BOSTON – How are jobs created? Finding answers to that question has been an economic and political priority for governments around the world, especially in the years since the Great Recession. Nurturing startups may be a critical component. Studies, such as a white paper from the National Bureau of Economic Research in Cambridge, suggest that fostering business formation, rather than helping larger businesses survive, may provide the most effective job-creation solution for people the world ove

BOSTON – How are jobs created? Finding answers to that question has been an economic and political priority for governments around the world, especially in the years since the Great Recession. Nurturing startups may be a critical component. Studies, such as a white paper from the National Bureau of Economic Research in Cambridge, suggest that fostering business formation, rather than helping larger businesses survive, may provide the most effective job-creation solution for people the world ove…