Introduction to Measuring Entrepreneurial Businesses: Current Knowledge and Challenges
The contribution of entrepreneurial businesses to economic growth is a frequently debated topic among the academic and policy-making communities and the subject of much discussion in the business and popular press. High growth entrepreneurial businesses have made a substantial impact on the U.S. economy, but these are small in number relative to the hundreds of thousands of new start-ups in the U.S. every year, many of which fail or don’t grow. Understanding the enormous heterogeneity across entrepreneurs is an ongoing area of active research. Our ability to accurately track how businesses perform in a complex economic and financial environment is hampered by difficult measurement challenges. This book presents research on the state of entrepreneurship and addresses the challenges we face in understanding this dynamic part of our economies.
I have no additional disclosures.
In compliance with the requirement of the Journal’s disclosure policy, I would like to state that I, Javier Miranda, am an employee of the U.S. Census Bureau. I have received no direct financial support from any organization but I am one of the Principal Investigators on the grant from the Kauffman Foundation that we note in the acknowledgements section. The support from the Kauffman Foundation is directly related to this research as they have supported the development of the data infrastructure used in this paper as well as research analysis related to the topics in this paper. We are also using proprietary data in this paper housed at the U.S. Bureau of the Census. As we note in the acknowledgements section “All results have been reviewed to ensure that no confidential information is disclosed.”