Measuring entrepreneurial businesses : current knowledge and challenges / edited by John Haltiwanger, Erik Hurst, Javier Miranda, and Antoinette Schoar.

Chicago : The University of Chicago Press, [2017]
ix, 477 pages ; 24 cm.


Summary note
Start-ups and other entrepreneurial ventures make a significant contribution to the US economy, particularly in the tech sector, where they comprise some of the largest and most influential companies. yet for every start-up that becomes a high-profile, high-growth company like Apple, Facebook, Microsoft, and Google, many more fail. This enormous heterogeneity poses conceptual and measurement challenges for economists concerned with understanding how new businesses affect economic growth. This volume brings together economists and data analysts to discuss the most recent research covering three broad themes. The first chapters isolate high- and low-performing entrepreneurial ventures and analyze their roles in creating jobs and driving innovation and productivity. The next chapters turn the focus on specific challenges entrepreneurs face and how they have varied over time, including over business cycles. The final chapters explore core measurement issues, with a focus on new data projects under development that may improve our understanding of this dynamic part of the economy.
Bibliographic references
Includes bibliographical references and index.
  • Prefatory note
  • Introduction / John Haltiwanger, Erik Hurst, Javier Miranda, and Antoinette Schoar. 1 Entrepreneurial heterogeneity : High-growth young firms: contribution to job, output, and productivity growth / John Haltiwanger, Ron S. Jarmin, Robert Kulick, and Javier Miranda
  • Nowcasting and placecasting entrepreneurial quality and performance / Jorge Guzman and Scott Stern
  • Wealth, tastes, and entrepreneurial choice / Erik Hurst and Benjamin W. Pugsley
  • Are founder CEOs good managers? / Victor Manuel Bennett, Megan Lawrence, and Raffaella Sadun
  • Immigrant entrepreneurship / Sari Pekkala Kerr and William R. Kerr. 2 Challenges facing entrepreneurs: finance and business conditions : How did young firms fare during the Great Recession? Evidence from the Kauffman Firm survey / Rebecca Zarutskie and Tiantian Yang
  • Small business and small business finance during the financial crisis and the Great Recession: new evidence from the Survey of Consumer Finances / Arthur B. Kennickell, Myron L. Kwast, and Jonathan Pogach
  • Does unemployment insurance change the selection into entrepreneurship? / Johan Hombert, Antoinette Schoar, David Sraer, and David Thesmar
  • Job creation, small versus large versus young, and the SBA / J. David Brown, John S. Earle, and Yana Morgulis. 3 Data gaps and promising avenues for the future : Venture capital data: opportunities and challenges / Steven N. Kaplan and Josh Lerner
  • The promise and potential of linked employer-employee data for entrepreneurship research / Christopher Goetz, Henry Hyatt, Erika McEntarfer, and Kristin Sandusky. Contributors
  • Author index
  • Subject index.
  • 9780226454078 (hardcover ; : alkaline paper)
  • 022645407X (hardcover ; : alkaline paper)
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