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2016 Economic Impact Of Companies Funded And/Or Assisted By The Northeast Ohio Entrepreneurial Service Provider Program, Candi Clouse May 2017

2016 Economic Impact Of Companies Funded And/Or Assisted By The Northeast Ohio Entrepreneurial Service Provider Program, Candi Clouse

All Maxine Goodman Levin School of Urban Affairs Publications

This report measures the economic impact of early-stage companies that were supported in the past by JumpStart Inc. and its partners in the Northeast Ohio Entrepreneurial Service Provider Program (ESP) in 2016. The ESP is a collaborative entrepreneurial support network funded in part by Ohio Third Frontier that includes accelerators, incubators, angel funds, and other organizations dedicated to commercializing technologies and fostering promising entrepreneurial ventures in Northeast Ohio. The companies included in this report have received significant technical assistance and/or direct investment funding from entrepreneurial support organizations in the ESP.


High-Growth Firms: Delineating Definitions, Industries, And Business Cycle Performance, Merissa Piazza, Ziona Austrian, Iryna Lendel, Serena Alexander, Ellen Cyran, Deborah D. Hoover, Ray Leach Jan 2017

High-Growth Firms: Delineating Definitions, Industries, And Business Cycle Performance, Merissa Piazza, Ziona Austrian, Iryna Lendel, Serena Alexander, Ellen Cyran, Deborah D. Hoover, Ray Leach

Ellen Cyran

There are strong reasons to believe that public policy affects the prevalence and success of entrepreneurial firms, and there is consensus in the literature that high-growth firms (HGFs), a specific subset of entrepreneurial firms that have a propensity to be employment generators in the economy, contribute significantly to employment growth (see, for example, Acs & Mueller, 2008; Acs, Parsons, & Tracy, 2008; Birch & Medoff, 1994; Choi, Robertson, & Rupasingha, 2013, Clayton, Sadeghi, Spletzer, & Talan, 2013; Kirchhoff, 1994; Mason & Brown, 2013; Stangler, 2010; Thurik, 2009). Moreover, authors have called for policy makers to provide HGFs with the resources …