Using special tabulations from the U.S. Census Bureau, we use aggregate data to follow a cohort of firms over 10 years from their formation and the universe of existing firms to track their growth/decline in employment. We created a table to show the employment change categories for a cohort of...

Using U.S. Census Bureau special tabulations, we follow a cohort of small (single-establishment) firms formed in 1992 and a cohort of fast growers to 2002 to track their employment changes. Explorative findings showed growing firms as generally a constant share of the economy with a minor...

Establishes an empirically based measure of firm formation dynamics and early growth and answers the question of new firm survival. Using the 1976-1986 United States Establishment Longitudinal Microdata (USELM) files of the U.S. Small Business Administration, an estimate of the number of firms...

By building on a knowledge-based view of the firm, this paper addresses a relatively unexplored area of roles and dynamics of corporate governance in younger, threshold firms that are undergoing a transition from the emergence to the professional management stage. Our analysis is focused on the...