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Measuring Entrepreneurial Businesses: Current Knowledge and Challenges

John Haltiwanger, Erik Hurst, Javier Miranda, and Antoinette Schoar


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. This debate stems from the enormous heterogeneity across entrepreneurs. A small share of entrepreneurs exhibit high growth and contribute substantially to job creation, innovation and productivity growth. However, the vast majority either fails or doesn’t grow. For both measurement and conceptual reasons, this heterogeneity is not well understood. Understanding this heterogeneity re ... More

Keywords: entrepreneurs, high growth, high impact firms, innovation, self-employment, venture capital, business financing, financial crisis, occupational choice

Bibliographic Information

Print publication date: 2017 Print ISBN-13: 9780226454078
Published to Chicago Scholarship Online: May 2018 DOI:10.7208/chicago/9780226454108.001.0001


Affiliations are at time of print publication.

John Haltiwanger, editor
University of Maryland

Erik Hurst, editor
University of Chicago

Javier Miranda, editor
Center for Economic Studies at the US Census Bureau

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John Haltiwanger, Erik Hurst, Javier Miranda, and Antoinette Schoar

I Entrepreneurial Heterogeneity

1 High-Growth Young Firms

John John Haltiwanger, Ron S. Jarmin, Robert Kulick, and Javier Miranda

3 Wealth, Tastes, and Entrepreneurial Choice

Erik Hurst and Benjamin W. Pugsley

4 Are Founder CEOs Good Managers?

Victor Manuel Bennett, Megan Lawrence and Raffaella Sadun

5 Immigrant Entrepreneurship

Sari Pekkala Kerr and Kerr William R.

II Challenges Facing Entrepreneurs: Finance and Business Conditions

6 How Did Young Firms Fare during the Great Recession?

Rebecca Zarutskie and Tiantian Yang

8 Does Unemployment Insurance Change the Selection into Entrepreneurship?

Johan Hombert, Antoinette Schoar, David Sraer, and David Thesmar

9 Job Creation, Small versus Large versus Young, and the SBA

J. David Brown, John S. Earle, and Yana Morgulis

III Data Gaps and Promising Avenues for the Future

10 Venture Capital Data

Steven N. Kaplan and Josh Lerner

11 The Promise and Potential of Linked Employer-Employee Data for Entrepreneurship Research

Christopher Goetz, Henry Hyatt, Erika McEntarfer, and Kristin Sandusky