High-Growth Firms Account for Disproportionate Share of Job Creation, According to Kauffman Foundation Study

"Gazelle" firms (ages three to five) comprise less than 1 percent of all companies, yet generate roughly 10 percent of new jobs in any given year.

Researchers suggest three policy strategies to support high-growth startups to bolster job growth

As the American economy continues to send out mixed signals about recovery, job creation has emerged as the country’s most pressing economic issue. Not only important for employment itself, job growth also drives recovery in other sectors, including housing. But, while hope for spurring the U.S. economy toward recovery focuses squarely on job creation, policy discussions center primarily on measures that would expand job growth in existing companies.

According to a new study released today by the Ewing Marion Kauffman Foundation, the current national conversation would be more productively focused on creating a favorable environment for entrepreneurship—and particularly high-growth entrepreneurship—because top-performing companies are the most fertile source of new jobs.

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