This shift has been ongoing for decades in the Retail Trade sector, but it has become pronounced even in the high-tech sectors since 2000, said Haltiwanger.
John Haltiwanger held his prize lecture on Entrepreneurship in the 21st century and covered a multitude of aspects. He also talked about the pandemic and its effect on entrepreneurship, showing that there has been a surprising surge in applications for new businesses in the US.
Professor Haltiwanger is awarded for his pioneering research advancing our understanding of job creation and destruction, productivity growth, and the role of small business and entrepreneurial firms in economic development.
The Global Award is the foremost international award in entrepreneurship research with a prize sum of € 100,000. Read more about the prize here.