Abstract

https://ssrn.com/abstract=2783817
 


 



Kauffman Index: Growth Entrepreneurship National Trends


Arnobio Morelix


University of Kansas; Kauffman Foundation

E. J. Reedy


Kauffman Foundation

Joshua Russell


Kauffman Foundation

May 2016


Abstract:     
The Kauffman Index of Growth Entrepreneurship is an early indicator of business growth in the United States, integrating several high-quality sources of timely information into one composite indicator of entrepreneurial business growth. The Index captures growth entrepreneurship in all industries, and is based on the universe of all U.S. employer businesses (approximately 5 million firms) and a privately collected benchmark of growth businesses. This allows us to measure business growth from both revenue and job creation perspectives. Moreover, we also present trends on business exits - more particularly initial public offerings, a business milestone commonly associated with innovative, high-growth companies.

This report shows that U.S. entrepreneurial businesses are growing, and rose in the last year for the third year in a row. This year’s increase was driven by startups growing faster in their first five years than they were in previous years, and more young companies scaling up employment. The entrepreneurial activity increase in the 2016 Index represents the largest year-over-year increase in the past decade. Despite these promising markers, however, many U.S. growth indicators remain in a long-term decline.

Number of Pages in PDF File: 60

Keywords: Kauffman Index, entrepreneurship, entrepreneur, growth, new business, job creation, United States, exits


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Date posted: May 24, 2016  

Suggested Citation

Morelix, Arnobio and Reedy, E. J. and Russell, Joshua, Kauffman Index: Growth Entrepreneurship National Trends (May 2016). Available at SSRN: https://ssrn.com/abstract=2783817 or http://dx.doi.org/10.2139/ssrn.2783817

Contact Information

Arnobio Morelix (Contact Author)
University of Kansas ( email )
1415
Lawrence, KS 66045
United States
Kauffman Foundation
4801 Rockhill Road
Kansas City, MO 64110-2046
United States
E. J. Reedy
Kauffman Foundation ( email )
4801 Rockhill Road
Kansas City, MO 64110-2046
United States
8169321078 (Phone)
HOME PAGE: http://www.kauffman.org/research
Joshua Russell
Kauffman Foundation ( email )
4801 Rockhill Road
Kansas City, MO 64110-2046
United States
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