Patients Rate Hospitals in CT: Middlesex, Danbury, St. Vincent's Top Lists

When asked how they rated their hospital stay, about two-thirds of patients in Connecticut hospitals offer the highest, or very high, ratings.  And when asked if they would recommend the hospital to friends and family, a greater number, 72 percent on average, say they “definitely” would.  A closer look at the number  included in the U.S. News report on best hospitals, shows distinctions among Connecticut’s medical institutions – according to their patients.

Those receiving the largest percentage of very high overall ratings from patients are Middlesex Hospital (76%), St. Vincent’s Medical Center (73%), Danbury Hospital (72%) and Yale-New Haven Hospital (68%) – the only facilities to exceed the statewide average of 66 percent.

Topping the liPatient-Survey-st of those that would definitely be recommended to family and friends by patients were Middlesex Hospital and Danbury Hospital, both with 79%, and St. Vincent’s Medical Center and Yale-New Haven Hospital, each with 77%.  Others exceeding the statewide average of 72 percent were St. Francis Hospital and Medical Center, Hartford Hospital, and Stamford Hospital, all with 73 percent.

The hospitals with the lowest percentage of patients offering the highest overall rating were Waterbury Hospital and Bristol Hospital.  The lowest percentage who would recommend the hospital at which they were patients to their friends and family were Charlotte Hungerford Hospital in Torrington, Bristol Hospital, and Waterbury Hospital.

In addition to those responses, data is developed based on patient responses to questions related to pain control, staff courtesy, cleanliness of facilities, staff responsiveness to patient needs, and information provided related to discharge and recovery.

The data was compiled in August 2012 and release this month.

patients say

New Leadership at UConn's Roper Center for Public Opinion Research

There is new leadership at the helm of UConn’s Roper Center for Public Opinion Research - the leading educational facility in the field of public opinion. Paul Herrnson takes over this week as Executive Director of the Roper Center, and joins the faculty as a Professor of Political Science. The Roper Center, which was founded in 1947, promotes the intelligent, responsible and imaginative use of public opinion in addressing the problems faced by Americans and citizens of other nations. Dr. Herrnson comes to UConn from the University of Maryland, where he was a Professor in the Department of Government and Politics and recipient of outstanding teaching awards from the University and the American Political Science Association. He was also the Founding Director of the Center for American Politics and Government at the University of Maryland.roper

The Roper Center is an archive—it preserves the data from polls conducted by many leading survey organizations for the use of researchers, students, and journalists. Its collection now includes 18,000 datasets and continues to grow by hundreds of datasets per year. In total, it includes responses from millions of individuals on a vast range of topics.

Since its beginning, the Roper Center has focused on surveys conducted by the news media and commercial polling firms. However, it also holds many academic surveys, including important historical collections from the National Opinion Research Corporationherrnson and Princeton University's Office of Public Opinion Research.

Today, the Roper Center Facebook page includes current polling data from around the world, including questions culled from recent surveys on breaking news and topical events.

Herrnson is a well-published scholar whose research papers have appeared in the leading journals. His recent books include: Interest Groups Unleashed (2012), and the 6th edition of his widely used text, Congressional Elections (2011). According to the University of Maryland web site, Herrndon’s “dedication to civic responsibility and the political process fuels a number of activities on local and national levels.” He has provided expert testimony to the Maryland legislature, U.S. Congress and federal courts in the areas of voting technology, ballot access and campaign finance.

When the Center was launched, Elmo Roper and others in the emerging field of survey research recognized that the information they were gathering should be preserved for future generations of scholars, students, and journalists. Since that time, the Roper Center has continued to acquire and archive public opinion data.

Since its founding, the Center has maintained two key objectives: (1) to preserve the voice of the public in the form of public opinion polling data and maintain these data in the most current formats possible, and (2) to re-disseminate the data in detailed and complete form via intuitive access tools.

Most of the surveys in the Roper Center are national samples, but there are also some state and local surveys, as well as a number of surveys of special populations of interest. Nearly all of the surveys are based on representative samples drawn according to the best practices of the time. The Roper Center now focuses on data from the United States, but continues to acquire some surveys from other parts of the world, particularly Latin America.

The Roper Center contributes to education at the University of Connecticut.  Although the Roper Center does not offer any degree programs, it works with a wide range of programs-including the departments of Political Science, Sociology, and Statistics—in giving employment and research opportunities for graduate and undergraduate students.

Waterbury, New Haven Among Nation's Leading Cities for Healthcare Social Workers

Connecticut, always on the lookout for occupations with strong potential for job growth, appears to already have one in our midst.  New statistics indicate that Waterbury and New Haven are among the top five metropolitan areas in the nation for healthcare social workers – a status that could serve to attract individuals in the fast-growing field to the state.

Nationwide, the median salary for a healthcare social worker is $47,770, and the job outlook is bright: jobs are projected to grow 26 percent from 2010 - 2020, which is twelve percentage points above the projected national job growth of 14 percent.  In Waterbury, the median salary is $65,250, the second highest in the nation; in New Haven, ranked at #5, it is $61Waterbury CT,950, according to data compiled by the data analysis website ValuePenquin.

Healthcare social workers are professionals who provide a range of services that support patients' medical needs in their psychosocial environment, from advising caregivers to coordinating medical services.  With healthcare becoming increasingly complex, the need for healthcare social workers has grown, as reflected in the analysis that determined the Best Cities for Healthcare Social Workers, based on May 2012 data.

The U.S. Bureau of Labor Statistics has reported that Connecticut is ranked fourth nationwide in  job prospects and has the fourth highest annual wages, at $60,830.  The Bureau defines the occupation as one that provides individuals, families, and groups with the psychosocial support needed to cope with chronic, acute, or terminal illnesses.  Services include advising family care givers, providing patient education and counseling, and making referrals for other services. Individuals in the field may also provide care and case management or interventions designed to promote health, prevent disease, and address barriers to access to healthcare.

In the ValuePenquin study methodology, median annual pay - a substantial factor in the decision process for people looking for work – was considered, along with how expensive the city is to live in.  Since the focus was on job opportunities, the study also factored in cities’ concentration of healthcare social workers. The ‘location quotient’ measures the concentration of a particular occupation in a city as a proportion of all occupations relative to the national average. They infer a higher location quotient to mean a relatively higher demand for a profession's services.  Data from the Bureau of Labor Statistics underscored the recent study, ranking Connecticut fourth in the nation in location quotient, reflecting a field in demand.

While the study ranked Waterbury and New Haven in the top five, Massachusetts communities also had a strong showing, reflecting the regions attractiveness for professionals in the field.  The top ten:

  1. Carson City, NV
  2. Waterbury, CT
  3.  Cumberland, MD
  4. Taunton/Norton/Raynham, MA
  5.   New Haven, CT
  6.  Napa, CA
  7.  Yuba City,  CA
  8.  Springfield, MA
  9. Boston/Cambridge/Quincy, MA
  10. Hanford/Corcoran, CA

In addition, New Bedford ranked #14, Worcester was #16, Brockton/Bridgewater/Easton, MA was #17, Providence/Fall River/Warwick was #18, Pittsfield was #19 and Barnstable was #20.

BLS

In Only 37 Communities Do More Than 2/3 of 4th Graders Pass All Physical Fitness Tests

What do the towns of Preston, East Windsor, Bethany, Stafford, and Clinton, have in common?  Less than 20 percent of fourth grade students in those communities meet the standard on all four physical fitness tests – the lowest percentages in the state.  For Preston, it’s the second consecutive year in the bottom five. 

At the upper end of the spectrum, 95.5 percent of 4th graders in Eastford meet the standard on all four physical fitness tests, in Westbrook 89.5 percent, in Sterling 85.4 percent in New Canaan 83.3 percent and Union 80 percent – the only towns to exceed 80 percent in the most recent data, for 2011.  In 2010, 100% of fourth grade students in two towns – Union and Caanan – passed all four physical fitness tests, no towns reached that level in 2011 data.

Overall, in only 37 communities did more than two-thirds the fourth grade students pass all four physical fitness tests, and in another 63 communities more than half (but less than two-thirds) of the students did so.  In 69 communities, fewer than half of the fourth graders pass all four tests - compared with  67 communities the preceding year..  Connecticut has 169data visualization towns and cities.

The data is available on the web site of the Connecticut Data Collaborative, which is bringing together data from various state agencies, making it more readily available to the public, along with the means to combine data from different agencies and chart the information in data visualization charts that help to illustrate patterns that enhance understanding.

The Connecticut Data Collaborative is a collaborative public-private effort to improve the quality of and access to policy-related data in the state – a central portal where all Connecticut organizations and residents can access a wide range of data from federal, state, local and private sources relating to the health, well-being and economy of the residents of the State of Connecticut. The goals of the Collaborative include:

  • Advocacy – Advocating for the public availability of all state data to inform public debate and to drive planning, policy, budgeting and decision making in state government.
  • Standards – Promoting and modeling use of data standards around privacy, interoperability, data definitions and quality.
  • Access – Meeting demands for public access to data through the Collaborative’s data portal, CTData.org, and the associated Connecticut Nonprofit Strategy Platform.
  • Building Capacity — Creating opportunities for Collaborative and peer support in data development and use both online and in person.

Yale-New Haven Hospital Ranked Among Best Employers in USA for Workers Over 50

Yale-New Haven Hospital (YNHH) in New Haven is being honored by AARP and the Society for Human Resource Management (SHRM) as one of the 2013 Best Employers for Workers Over 50.  YNHH, which ranked 23rd in the nationwide survey, joins a diverse group of health systems, corporations, government agencies, and non-profits from across the country on the list, announced this week by AARP and SHRM.  It is the lone Connecticut-headquartered organization on the list of the top 50.

Thirty percent of YNHH employees are age 50+ with an average tenure of 18 years. YNHH offers a number of programs and benefits that support mature workers, including tuition reimbursement and training opportunities, fleAARPxible work schedules and alternative work arrangements, free health screenings and wellness programs, financial and retirement planning and dependent care benefits.

One program of particular interest to mature employees at YNHH is the ‘School at Work Program’.  This seven month refresher educational program is for individuals who have been out of a traditional learning setting for a significant time period and prepares the employee for additional formal education or a career change.

In addition, Retiree Medical Accounts are offered for employees retiring at age 55+ with at least ten years of service.  The medical account is funded annually, starting at age 40, and the retiree can use the funds after retirement for medical expenses and insurance premiums.

Also on the national list of Best Companies, at number 27, is Cianbro a national construction engineering firm with a regional office on East Dudley Town Road in  Bloomfield, Connecticut.  Cianbro self-performs civil, structural, mechanical, electrical, instrumentation, fabrication, and coating, in twelve different mynhh1arkets, throughout the United States. The company has experience in Construction Management, Design-Build, and Engineer Procure Construct (EPC), in addition to Conventional Design-Bid-Build.

This year’s list of the top 50 organizations was led by the National Institutes of Health (NIH), one of the world’s premiere medical research institutions.  Scripps Health of Southern California, which headed the list in 2011, is runner-up this year.  Rounding out the top 10 are Atlantic Health System, The University of Texas MD Anderson Cancer Center, Mercy Health System, The YMCA of Greater Rochester, West Virginia University, Bon Secours Virginia, National Rural Electric Cooperative Association, and WellStar Health System.

Key areas of consideration include: recruiting practices; opportunities for training, education and career development; workplace accommodations; alternative work options, such as flexible scheduling, job sharing and phased retirement; employee health and retirement benefits, and retiree work opportunities. The list of 2013 winners includes employers from a variety of industry sectors, including for-profit and nonprofit, health care, universities, financial services, construction, aerospace, and federal and county government.

Among Connecticut-based organizations, Yale-New Haven Hospital was previously honored as a Best Employer for Workers Over 50 in 2005 and 2006.  Past winners from Connecticut also include CTTRANSIT, Pitney Bowes and Hartford Financial.

Announcement of the top 50 came jointly by AARP and SHRM, which is co-sponsoring the Best Employers program for the first time. SHRM is the world’s largest association devoted to human resource management.

Report Warns of Separate But Unequal Community Colleges

Community colleges "are in great danger of becoming indelibly separate and unequal institutions in the higher-education landscape," a Century Foundation task force warns in new report.

The report, "Bridging the Higher Education Divide: Strengthening Community Colleges and Restoring the American Dream," outlines a series of proposals aimed at shifting the patterns that result in four-year colleges' enrolling disproportionably more wealthy and white students while two-year colleges enroll a higher proportion of needy and minority students.

Among its recommendations, the group urges states and the federal government to provide additional funds to two-year colleges that serve the neediest students, much in the way the federal Title I program works for elementary and secondary schools.

The Chronicle of Higher Education reports that the task force effort is premised on the notion that community colleges, which enroll about 44 percent of the nation's college population, are in many cases not serving students well now and will be ill equipped to handle future demands without radical change.  Research undertaken for the report found that, at some community colleges, almost two-thirds of the students are COMMUNITY_COLLEGEblack, Hispanic, or members of other groups typically considered underrepresented in higher education.

The approach outlined in the report could not only create more-affordable college pathways for middle-class families and improve educational outcomes at community colleges, it could also give community colleges more political clout, the Chronicle reported.

Connecticut’s 12 community colleges have 58,228 students, according to the Connecticut State Colleges & Universities website.  According to a 2011 report by the now defunct Board of Governors for Higher Education, nearly two-thirds (62.1 percent in fall of 2010) of all Hispanic/Latino and African American students attending community college do so at four of the system’s 12 institutions – Capital Community College in Hartford, Gateway Community College in New Haven, Housatonic Community College in Bridgeport and Norwalk Community College – all situated within or near urban cities with large low-income and minority populations. These institutions also awarded more than two-thirds (68.9 percent) of the associate degrees conferred to Hispanic/Latino and African American students by the community colleges during the 2009-10.

The Board of Governors report added that “it is clear that there is no problem regarding access for minority students at the state’s community colleges; thus, the Department’s grant program designed to reward and support their diversity efforts will require that they focus solely upon the retention and graduation of targeted students.”   In 2011, the Connecticut Mirror reported that the state pays about $7,000 a year for each full-time student enrolled in one of the 12 two-year community colleges -- but only one out of every 10 full-time students who enroll seeking an associates degree or certificate will earn one in three years. That ranks Connecticut's community college graduation rate 47th in the nation, according to a report by the state Department of Higher Education.

Earlier this year, in March, the Board of Regents for Higher Education, which now oversees the state’s 12 community colleges and four state universities voted to increase tuition by 5 percent in the coming year, despite student protests.  Students at Connecticut's community colleges would pay 5.25 percent more. For a full time student, that's an increase of $188 more, for a total of $3,786, the Hartford Courant reported.

The report by the Century Foundation noted that in a survey, eighty-one percent of students entering community college for the first time saying they eventually want to transfer and earn at least a bachelor’s degree but just 12 percent do so within six years. Among low-income students with “high” qualifications for college (those who completed “at least Trigonometry”), 69 percent of students who began in a four-year institution earned a bachelor’s degree, compared with just 19 percent of those who started in a community college.

Richard D. Kahlenberg, a senior fellow at the Foundation, questions how "we shower the most resources on the wealthiest college students and the least on the neediest," noting that the idea of reducing stratification by enhancing community colleges is an important focus in the report. The 22-member task force was led by Anthony W. Marx, the former president of Amherst College who now heads the New York Public Library, and Eduardo Padrón, president of Miami Dade College.

CT Differs from National Trend: Top Baby Names are Mason and Emma

Across the nation in 2012, the most frequent names for newborn babies were Jacob and Sophia.  Not in Connecticut.  Here, the leading names were Mason and Emma, choices that were runners-up nationally.

The top ten boys’ names in Connecticut were:  Mason, Jacob, Michael, Liam, Ethan, Jayden, Anthony, Matthew Noah and Ryan.  The top ten girls’ names in Connecticut were:  Emma, Olivia, Isabella, Sophia, Ava, Mia, Emily, Charlotte and Abigail.

Nationally, the leading boys names in 2012 were, Jacob, Mason, Ethan, Noah, William, Liam, Jayden, Michael, Alexander and Alden.  The most frequent girls names were Sophia, Emma, Isabella, Olivia, Ava, Emily, Abigail, Mia, Madison and Elizabeth.

In Connecticut, Sophia also topped the list in 2011, while Alexander was the leading name among boys.    Mason ranked third that year.  In 2010, Michael and Isabella were the most popular names chosen by Connecticut parents. Alexander dropped from number one in 2011 to number 13 in 2012.  Emma jumped from number four in 2011 to the top spot in 2012 in Connecticut.baby-cute-baby-1680x1050

The data is based on Social Security card application information, and compiled by the Social Security Administration. A decade ago, in 2002, the top names selected in Connecticut were Michael and Emily.  In 1992, Michael and Jessica topped the list.  By 2012, Jessica did not make the top 100 girls names in Connecticut.

Another name on the move – perhaps reflecting the growing popularity of the location in New York (and perhaps Connecticut, too?)  – is the name Brooklyn.  After finishing 75th in 2010 and 76th in 2011, the name jumped to47th in popularity in 2012.    Elizabeth is more popular outside Connecticut, ranked at number 10 nationally in 2012 and at number 20 in Connecticut, up slightly from number 23 the previous year.

Reasons for name selection vary widely.  One of the more recent findings, published in the October 2012 issue of Psychological Science, was developed by researchers Jonah Berger, Eric Bradlow, Alex Braunstein and Yao Zhang of the University of Pennsylvania’s Wharton School.  Writing in the journal of the Association for Psychological Science, they found that names starting with K, such as Karl and Katie, became about 9% more popular after Hurricane Katrina – evidence that parents’ choices about what to call their children are influenced by the sound of names in the news.   It is unclear whether Storm Sandy had a similar effect in Connecticut, since the storm occurred mid-way through the year.

A recent study by Bohan + Ipsos for WhyMomsRule.com found that nearly nine in ten Americans approve of their first names – 31 percent “love it,” 56 percent “like it,” 10 percent “dislike it” and 3 percent “hate it.”  The study also found a marked shift toward “unique” names and away from family and traditional names during the 20th century.  Daughters have more unusual names than sons, and sons have names that are easier to spell than daughters, the study, conducted in March 2013, found.

Closing out the top 100 most popular names in Connecticut were Antonio, for boys, and a three-way tie between Melanie, Serenity and Valentina among girls.  And just in case you’re wondering, in addition to Connecticut, Mason and Emma were the #1 names for 2012 in West Virginia.

 

Northeast Homes are Older, Smaller than National Average

Applications for new home construction nationwide rose to a five-year high in April, offering evidence that the post-recession housing revival will be sustained, according to Associated Press reports on U.S. Commerce Department data.  Applications for building permits – considered an indicator of future demand - rose 14.3 percent to a rate of 1.02 million, the highest since June 2008.

The new construction data builds on a home ownership foundation that varies across regions.  There are 76 million owner-occupied homes in the United States, and three-quarters of them are in metropolitan areas.  The breakdown:  22 percent in central cities, 36 percent in urban suburbs, 17 percent in rural suburbs and only 25 percent outside of metropolitan areas.home size

Not surprisingly, the oldest homes (51 years old on average) are found in the Northeast, where they are also 15 percent smaller than the national average; the newest homes are in the South – 27 percent larger than the national average and an average of 31 years old.  The average home in the west is 49 years old, in the Midwest 41 years old.

In Fairfield County, only 6.8 percent of homes were built after 2000, and in the entire state that figure is 7.1 percent, the Connecticut Post reported last month.

Nationwide, the median family home size has grown substantially in recent decades.  In 1982 it was 1,520 sq. ft.; by 2007, it was 2,227 sq. ft.

The data indicate an average of 2.6 people per household nationwide, with the percentage of households with children under age 18 greatest in the urban suburbs (37%), followed by rural suburbs (36%), central cities (33%) and those outside of metropolitan areas (30%).

The data, compiled by the websites of the National Association of Home Builders (nahb.org) and trulia.com, was featured in an infographic developed for Quicken Loans in partnership with Ghergich & Co.

The sites also compares Connecticut with national averages in key home-related categories:

  • Median Value of Owner-Occupied Housing Units: $166,900 [National Average $119,600]
  • Median Price Asked for Housing Units: $136,500 [National Average $89,600]
  • Median Household Income: $53,935  [National Average: $41,994]
  • Median Family Income $65,521 [National Average: $50,046]
  • Per-Capita Income: $28,766 [National Average: $21,587]

U.S. Census data featured by the state Department of Economic and Community Development indicates that Connecticut has 1,371,087 housing units occupied, led by the cities with the largest number of occupied housing units:  Bridgeport 51,255, New Haven, 48,877; Stamford, 47,357; Hartford, 45,124, and Waterbury, 42,761.

Women-Owned Businesses in Region Growing Across Many Fields

They are some of Connecticut’s most successful companies that you've never heard of.  And perhaps a few that you have. What they have in common is ownership. They're owned by women -  in some cases 100 percent owned.

Who are they?

Among the leaders are Farmington-based Companions & Homemakers, which topped a newly published list with 1,600 local employees and 4 local offices, West Hartford’s Companions for Living, with 114 employees, iTech Solutions, also in Farmington, Caring Solutions, Phoenix Manufacturing Inc. and Andrew Associates, all headquartered in Enfield.  The Walker Group (Farmington), Infoshred (East Windsor) The Human Resource Consulting Group (Seymour)Merry Employment Group (West Hartford) and Sandair Systems Inc (Windsor) are also 100 percent owned by women.

The Hartford Business Journal listed the firms as part of their ranking of the largest women-owned businesses (ownership exceeding 50 percent) in the Hartford region.   The 25 firms were led by a top 10 in fields including home health care, aerospace, advertising, information technology staffing, janitorial services, and family maintenance services.  Of the 25 businesses, only 3 were launched since 2000.  The remainder date back to the last century, including two, Post Road Stages (1912) and Beacon Light and Supply Company (1932), to the first half of the century.

The number of women-owned businesses in Connecticutboard table increased 35 percent since 1997 and sales at those firms increased 67 percent, according to a census analysis by American Express Open, released earlier this month.

Women starting their own business have opportunities to learn from others who’ve blazed the trail.  The U.S. Small Business Administration’s Women’s Business Center Program is a national network providing business training, counseling and other resources to help women start and grow successful businesses. In Connecticut, network participants are The Entrepreneurial Center at the University of Hartford, the Stamford/Southwest Women’s Business Center of the Women's Business Development Council in Stamford, and the Naugatuck Valley Women’s Business Center at Naugatuck Valley Community College in Waterbury.

Last week, Connecticut Lt. Gov. Nancy Wyman visited some women-owned small businesses that have received financial assistance from the state’s Small Business Express. The stops included Dottie’s Diner in Waterbury, The Dutch Bulb Lady in Waterbury, Richards Machine Tool Co. Inc. in Berlin, LSC Distribution in Hartford and American Masons & Building Supply Co. in Hartford.

Earlier this year, a national survey of women business owners (WBOs) conducted by Web.com Group, Inc. and the National Association of Women Business Owners (NAWBO) found a pervasive sense of economic optimism, including a prediction by most WBOs (85 percent) that more women will become entrepreneurs in 2013 than in past years.  WBOs also plan to invest more (38 percent) or the same (54 percent) in hiring this year than they did in 2012 – a positive sign for the economy.

With regard to public policy matters, the top four issues on the minds of WBOs are: the state of the economy (57 percent), health insurance cost and affordability (40 percent), business tax issues (36 percent), and access to a quality workforce (36 percent). Though two in five WBOs said that health insurance costs and affordability are important issues to them, many (71 percent) feel that the Patient Protection and Affordable Care Act (“Obamacare”) will have no impact upon the way they do business.

Startups with Female Directors, Local Connections Have Better Chance of Survival

Newly incorporated companies with one female director have a 27% lower risk of becoming insolvent than comparable firms with all-male boards, according to a team of researchers led by Nick Wilson of Leeds University Business School in the UK and reported in the Harvard Business Review. The effect decreases as the number of female directors rises, suggesting that what matters is diversity rather than the specific number of women on the board. Earlier this year, data developed by a team of researchers at the University of Wisconsin-Milwaukee indicated that companies whose directors include one or more women are 38% less likely to have to restate their financial-performance figures to correct errors than firms with all-male boards. In addition, previous research shows that groups with greater gender diversity generate more-innovative thinking in problem solving.

The new study found that new firms are less likely to face the hazard of insolvency when they have boards with more experienced directors, directors with greater networking relationships, more local directors, more female directors, directors with low levels of recent insolvency experiences and low levels of recent director turnover. Results suggest that the background, experience, networking, gender diversity and composition of new boards are important in determining the trajectory of success or failure of new firms.Women on Boards, i

The recent research tends to support efforts made during the tenure of Connecticut State Treasurer Denise L. Nappier, who as fiduciary of the Connecticut Retirement Plans and Trust Funds, the state’s pension funds, has advocated for independent directors and gender diversity on boards as part of a comprehensive shareholder activism program aimed at increasing the value of the state’s shares in a range of investments.

The data is also of special relevance to Startup Connecticut, the Connecticut franchise of The Startup America Partnership, which is based on the premise that young companies that grow create jobs. As a core American value, entrepreneurship is “critical to the country’s long term success and it’s time to step up our game,” the website points out. Startup Connecticut’s mission is to “evangelize and celebrate entrepreneurship and innovation” in Connecticut. The most recent Start Up Weekend was held in Storrs in March.

In analyzing the impact of local directors, as compared with those from outside the start-up’s immediate geographic area, the study found that local knowledge local networks and/or relationships reduce insolvency risk. Directors in local networks that have “built trust and loyalty may be receiving more time and support in the surrounding economy. As insolvencies result from unpaid debts, such a local connection may mean that new firm directors face less pressure from creditors and potential insolvency proceedings: they can buy more time from local network members to resolve issues.”