Kauffman Index 2017: Growth Entrepreneurship State Trends

36 Pages Posted: 1 Dec 2017

Date Written: October 1, 2017

Abstract

The reports present trends in Growth Entrepreneurship in each state, relying on three composite indicators to look at business revenue and job growth: Rate of Startup Growth, Share of Scaleups and High-Growth Company Density.

To facilitate comparison across peer groups of states, the Kauffman Index looked at the 25 largest and 25 smallest states by population. The larger states are overwhelmingly urban, while populations in smaller states tend to be more dispersed.

Entrepreneurial growth is geographically diverse, touching cities on both coasts, the South and Midwest. Entrepreneurial activity is spreading to places other than the stereotypical entrepreneurial hubs and largest U.S. cities. Nonetheless, entrepreneurial growth continues to be a rare phenomenon. Most firms are not growth firms.

Among the largest states, these five had the highest levels of growth entrepreneurship in 2017 are: Virginia, Georgia, Maryland, Massachusetts, Texas. Among the smallest states, these five had the highest levels of growth entrepreneurship in 2017: Utah, Hawaii, North Dakota, Nevada, New Hampshire.

Keywords: kauffman index, job growth, startup, entrepreneurship, states, entrepreneurial, revenue

Suggested Citation

Foundation, Ewing Marion Kauffman and Morelix, Arnobio and Russell-Fritch, Joshua, Kauffman Index 2017: Growth Entrepreneurship State Trends (October 1, 2017). Available at SSRN: https://ssrn.com/abstract=3080709 or http://dx.doi.org/10.2139/ssrn.3080709

Ewing Marion Kauffman Foundation (Contact Author)

Ewing Marion Kauffman Foundation ( email )

4801 Rockhill Road
Kansas City, MO 64110-2046
United States
816-932-1000 (Phone)

HOME PAGE: www.kauffman.org

Arnobio Morelix

Startup Genome ( email )

212 Clara Street
San Francisco, CA 94107
United States

Joshua Russell-Fritch

Independent ( email )

No Address Available

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