Read eBay’s Michigan Small Online Business Inclusive Growth Report to gain insights into the trade and growth of eBay-enabled small businesses in Michigan and the US. The report includes an analysis of new enterprise formation on eBay compared to the traditional economy across Michigan’s 83 counties based on their economic vitality from 2011 to 2015.
Read eBay’s North Carolina Small Online Business Inclusive Growth Report to gain insights into the trade and growth of eBay-enabled small businesses in North Carolina and the US. The report includes an analysis of new enterprise formation on eBay compared to the traditional economy across North Carolina’s 100 counties based on their economic vitality from 2011 to 2015.
Platform-Enabled Small Business Formation as a Driver of Economic Balance and Inclusion
This paper explores evidence of entrepreneurship and new enterprise formation in the context of concerns regarding an increasing divergence of economic opportunity available to Americans living in more or less advantaged regions of the country. Building on an innovative methodology for ranking U.S. counties along an index of social and economic variables developed by the Economic Innovation Group, we studied the geographic dispersion of net enterprise formation in the U.S. economy in comparison to the eBay Marketplace. We analyze the results in the context of geographic balance and inclusion and report findings that indicate meaningfully more balanced and inclusive growth on the eBay Marketplace than in the overall U.S. economy.
What’s in the report?
Read eBay’s Ohio Online Business Growth Report: Summit County and Trumbull County Retail Revival to gain insights into the trade and growth of eBay-enabled small businesses in Ohio and the US. In addition, the report includes an analysis of new enterprise formation on eBay compared to the traditional economy in Summit and Trumbull counties from 2011 to 2015. Key findings include that nearly every eBay-enabled small business in Ohio (and the US) is an exporter, that these enterprises experience growth rates that exceed their state economy average, and that small business growth is more geographically inclusive on eBay than in the traditional economy - including greater rates of growth in rural communities and other areas outside of economic hot spots.
This report focuses on independent micro, small and medium-sized enterprises (MSMEs) and entrepreneurs using the eBay platform in Argentina, Brazil, Chile, Colombia, Dominican Republic, Mexico and Peru. Using trade and economic data, the report describes how the online platform model for commerce is allowing MSMEs and entrepreneurs In Latin America and the Caribbean to extend their geographic reach and actively engage with global customers. The research shows that the ability to directly operate in foreign markets creates enterprises capable of achieving growth rates that outpace their domestic economies. In addition, the report includes country-specific policy recommendations aimed at enhancing the ability of technology-enabled MSMEs and entrepreneurs in these countries to access the global market.
In 1986, Vivian Vassar rehabilitated an abandoned building from which she began selling vintage clothing. In 1999, one of her customers introduced her to a new online marketplace called eBay, and in that moment she recognized its enormous potential. As a mother of three young children, she decided to shut down her physical store and focus on her online presence. Having an online business provides Vivian the flexibility to make her own hours and be her own boss, but she understands the importance of working with others in the industry.
Sarge & Red’s is an online hobby and gaming store specializing in Magic: The Gathering cards, Dungeons and Dragons accessories and more. While the business focuses on fantasy, the story behind how it came to be is truly magical. In 2013, John Davis (aka Sarge) and his wife Denise (aka Red), decided to adopt their first child. Friends and family were thrilled for the couple and eager to assist with the expensive process, pitching in with fundraisers and donations.
This article originally appeared on BIPAC's blog. Written by BIPAC Political Analyst Jim Ellis.
This article originally appeared on BIPAC's blog. Written by BIPAC Political Analyst Jim Ellis.
This article originally appeared on BIPAC's blog. Written by BIPAC Political Analyst Jim Ellis.