TAILIEUCHUNG - Understanding Business Dynamics AN INTEGRATED DATA SYSTEM FOR AMERICA’S FUTURE

The . economy is highly dynamic: businesses open and close, workers switch jobs and start new enterprises, and innovative technologies redefine the workplace and enhance productivity. With globalization markets have also become more interconnected. Measuring business activity in this rapidly evolving environment increasingly requires tracking complex interactions among firms, establishments, employers, and employees. Understanding Business Dynamics presents strategies for improving the accuracy, timeliness, coverage, and integration of data that are used in constructing aggregate economic statistics, as well as in microlevel analyses of topics ranging from job creation and destruction and firm entry and exit to innovation and productivity | Understanding Business Dynamics AN INTEGRATED DATA SYSTEM FOR AMERICA S FUTURE Panel on Measuring Business Formation Dynamics and Performance John Haltiwanger Lisa M. Lynch and Christopher Mackie Editors Committee on National Statistics Division of Behavioral and Social Sciences and Education NATIONAL RESEARCH COUNCIL OF THE NATIONAL ACADEMIES THE NATIONAL ACADEMIES PRESS Washington . BOOKLEET THE NATIONAL ACADEMIES PRESS 500 Fifth Street NW Washington DC 20001 NOTICE The project that is the subject of this report was approved by the Governing Board of the National Research Council whose members are drawn from the councils of the National Academy of Sciences the National Academy of Engineering and the Institute of Medicine. The members of the committee responsible for the report were chosen for their special competences and with regard for appropriate balance. This study is supported by a contract between the National Academy of Sciences and the Ewing Marion Kauffman Foundation Grant 20040649 . The work of the Committee on National Statistics is provided by a consortium of federal agencies through a grant from the National Science Foundation Number SBR-0112521 . Any opinions findings conclusions or recommendations expressed in this publication are those of the author s and do not necessarily reflect the views of the organizations or agencies that provided support for the project. Library of Congress Cataloging-in-Publication Data Understanding business dynamics an integrated data system for America s future Panel on Measuring Business Formation Dynamics and Performance John Haltiwanger Lisa M. Lynch and Christopher Mackie editors. p. cm. Index and bibliographical references. ISBN 978-0-309-10492-0 pbk. ISBN 978-0-309-66930-6 pdf 1. Commercial statistics United States. 2. United States Statistical services. 3. United States Commerce Statistics. 4. Business enterprises Statistics. I. Haltiwanger John C. II. Lynch Lisa M. III. Mackie Christopher D. IV.

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