MIT researcher David Birch found that while new and growing smaller firms could be regionally important,they had little effect on the economy as a whole.

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David Birch actually found the opposite. He discovered that new and growing smaller firms were responsible for most of the job creation and economic growth in the United States. His research challenged the prevailing belief at the time that large corporations were the primary drivers of economic growth.

MIT Researcher David Birch Found That While New and Growing