years old) have, on average, accounted for all of US employment growth over the past few decades. New businesses are … especially important for youth employment. However, these businesses tend to borrow a lot, and the credit constraints they face …

that the largest 5% account for over half of cohort employment at firm birth and more than two-thirds at firm age 7. Little …

This paper reports the results of a study of the characteristics and direct employment impact of high-growth firms …. Using a standard definition of high employment growth to classify firms, we track the direct employment contribution of high …-growth firms in the state from 1989 to 2009. We find that only a small fraction of firms satisfied the high-growth employment …