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THE ever-interesting Kauffman Foundation has produced an interesting new study on the impact of America's bloated financial-services industry on the market for talent, Financialization and Its Entrepreneurial Consequences by Paul Kedrosky and Dane Stangler. The paper argues that the financial-services sector has been hoovering up too many of America's brightest citizens, and that this has lowered the quality of entrepreneurial start-ups. I would be intrigued to see how the same argument applies to Britain, which has an even bigger financial-services industry, relative to its GDP, than America, and a much weaker entrepreneurial tradition.
Источник: The Economist
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THE ever-interesting Kauffman Foundation has produced an interesting new study on the impact of America's bloated financial-services industry on the market for talent, Financialization and Its Entrepreneurial Consequences by Paul Kedrosky and Dane Stangler. The paper argues that the financial-services sector has been hoovering up too many of America's brightest citizens, and that this has lowered the quality of entrepreneurial start-ups. I would be intrigued to see how the same argument applies to Britain, which has an even bigger financial-services industry, relative to its GDP, than America, and a much weaker entrepreneurial tradition.
Источник: The Economist
Дальше...