Bruce Murphy recently posted a column on Urban Milwaukee entitled “Maybe We’re Not So Bad at Startups.” Anyone interested in having a discussion about how to grow Milwaukee and Wisconsin should read it.
I’m writing this to further the discussion and provide a contrasting viewpoint. The article began with the premise that conflicting studies indicate Milwaukee is either near dead last in startup creation or has one of the countries highest survival rates for its startups. Murphy builds on the latter in offering that the “prophets of doom” who have focused on the lack of new startup formation are missing the bigger picture of how valuable it is to have more of the existing startups survive.
In general, Murphy misses the bigger discussion: should state business and policy makers direct more focus on facilitating new business formation as an economic strategy? Read the full story here.