Found 6 article(s) for author 'Karen Mills'

Growth & Shared Prosperity

Growth & Shared Prosperity. Karen Mills, Joseph Fuller, and Jan Rivkin, September 23, 2015, Paper. “In June 2015, nearly 75 experienced leaders from across business, government, labor, academia, and media gathered at Harvard Business School to discuss a topic of increasing concern in America: How can our nation continue to remain competitive while also providing a path to prosperity for more citizens? This report highlights the group’s deliberations and summarizes the HBS research that was presented during the convening …” Link

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The Challenge of Shared Prosperity

The Challenge of Shared Prosperity. Jan Rivkin, Karen Mills, Michael E. Porter, Michael I. Norton, Mitchell Weiss, September 2015, Paper. “In the 2015 survey on U.S. competitiveness, HBS alumni weigh in on the current state and future trajectory of U.S. competitiveness as well as the structural strengths and weaknesses of the U.S. business environment. In addition, alumni delve deeper into two aspects of competitiveness: the health of entrepreneurship in the U.S. and business leaders’ views on shared prosperity. Alumni are optimistic about the ability of U.S. firms to compete globally and they see entrepreneurship as more accessible today than it was a decade ago…Link

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Government Can Do More to Unfreeze Small Business Credit

Government Can Do More to Unfreeze Small Business Credit. Karen Mills, August 28, 2014, Opinion. “Access to credit is critical to the success and job-creating ability of America’s small businesses. But small business credit was hit hard during the recent recession and has been slow to recover. Beginning in early 2009, the federal government acted quickly to unfreeze credit markets with programs ranging from loan guarantees to capital infusions and regulatory changes. A number of these were extremely effective and also efficient in their use of taxpayer dollars, but most were not meant to be permanent…” Link

 

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Why Small-Business Lending Is Not Recovering

Why Small-Business Lending Is Not Recovering. Karen Mills, August 4, 2014, Opinion. “During the 2008 financial crisis, small businesses were hampered in securing bank credit because of a perfect storm of their falling sales and weakened collateral, and growing risk aversion among lenders. Those days are not over. While lingering cyclical factors from the crisis may still be constraining access to bank credit, there are also structural barriers that seem to be preventing banks, both large and small, from ever fully returning to the small business market. In the recent recession small-business sales were hit hard and may still be soft…” Link

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The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game

The State of Small Business Lending: Credit Access During the Recovery and How Technology May Change the Game. Karen Mills and Brayden McCarthy, July 22, 2014, Paper. “Small businesses are core to America’s economic competitiveness. Not only do they employ half of the nation’s private sector workforce—about 120 million people—but since 1995 they have created approximately two-thirds of the net new jobs in our country…” Link

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Is a Gap in Small-Business Credit Holding Back the American Economy?

Is a Gap in Small-Business Credit Holding Back the American Economy? Karen Mills, July 21, 2014, Opinion. “Small businesses are core to America’s economic competitiveness. Not only do they employ half of the nation’s private sector workforce—about 120 million people—but since 1995 they have created approximately two-thirds of the net new jobs in our country. They are also instrumental in driving the innovation that provides a competitive edge in the global market. Small firms produce 13 times more patents per employee than larger firms, and employ more than 40 percent of high-tech workers in America…” Link

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