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Getting ahead in the city is hard. In rural America, it’s even harder.

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Innovation is Needed to Drive New Business Growth, Especially in the Industrial Heartland

/   Elizabeth Brotherton-Bunch, Alliance for American Manufacturing

Dynamism is in retreat. That’s the conclusion of a new report released on Wednesday by our friends at the Economic Innovation Group (EIG) that looks at the creation of new business in America. What EIG discovered is that the rate of new business formation has fallen by half since the late 1970s, and suffered a…

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Economic stagnation is plaguing the U.S.

/   Alayna Treene, Axios

The U.S. is creating fewer new companies than at any time in the past 40 years, and most of those that are being created are in just 5 big urban areas, leading to economic stagnation in smaller communities around the country. The Economic Innovation Group has a new study looking at the lingering effects of…

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New Study Reveals Unprecedented Decline in Economic Dynamism Behind Lagging Growth and Widening Geographic Inequality

Despite years of recovery after the Great Recession, sixty percent of metro areas see more businesses close than open Washington, D.C. – Today, the Economic Innovation Group (EIG) released a new study examining the critical implications of declining economic dynamism in the United States. The report, “Dynamism in Retreat: Consequences for Regions, Markets, and Workers,”…

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How Struggling Local Economies Helped Decide the 2016 Election

Tomorrow, Donald Trump will be sworn in as America’s 45th president. While there is much speculation about the coming Administration’s approach to the economy, conventional wisdom has coalesced around the idea that deep-seated economic anxiety was a driving force on election day. Is the conventional wisdom actually correct? In many ways, the story of the…

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What a Year! EIG’s 2016 in Review.

When the Economic Innovation Group launched in March 2015, we were a tiny organization with a simple premise: offer a new, bipartisan paradigm for policies that leverage American entrepreneurs and investors in solving urgent economic challenges. Our founders, advisors, and staff were motivated by the idea of combining innovative research and data-driven, “free agent” advocacy…

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eBay Main Street Publishes Report on Entrepreneurship

/   Staff, Ecommerce Bytes

The eBay Public Policy Lab released a new report – Platform-Enabled Small Businesses and the Geography of Recovery – as part of their ongoing research into the trade and commercial activity of enterprises that use the online commerce platform. The eBay research builds upon a 2016 report published by the Economic Innovation Group (EIG) that…

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