Private Equity Investment & Employment Growth
This study examines the relationship between private equity investment and local employment growth. Using a sample of 3,053 U.S. counties with available private equity investment data, we estimate the effect of private equity investment volume and demographic determinants of employment growth (labor supply, labor quality, labor cost, unionization, agglomeration, industry concentration, and regional geography) on employment changes from 2011 to 2014. Controlling for these demographic factors, private equity investment shows a positive correlation with employment growth.
State Job Creation Strategies Often Off Base
To create jobs and build strong economies, states should focus on producing more home-grown entrepreneurs and on helping startups and young, fast-growing firms already located in the state to survive and to grow ― not on cutting taxes and trying to lure businesses from other states.
What Sets Apart the Best Entrepreneurial Companies in America
Growth can be deceiving. Too often, we gape at companies with outsized top-lines or great marketing or tons of venture-capital funding and believe these are the best in breed for companies.
21% of firms offering employee benefits achieved sustained growth
This study investigates possible links between employee benefit plans (such as 401k plans, ESOPs, and Profit Sharing) and the sustained growth of for-profit firms.
Private firms invest more than public ones and are more responsive to changes in investment opportunities
We investigate whether short-termism distorts the investment decisions of stock market listed firms.
Examining venture relocation as a strategy to escape out of their financial resource dependencies
EXTRACT: MOVE TO GET MONEY? HOW HIGH TECH ENTREPRENEURS OVERCOME FINANCIAL RESOURCE DEPENDENCIES THROUGH RELOCATION
Examining relocation as a strategy to escape out of its financial resource dependencies. We have demonstrated how ventures who originate from regions with a low availability of VC funds are more likely to relocate.
Establishments with more than 4 employees at start-up are insensitive to metropolitan innovation, although size of firms that started with 4–9 employees improves their survival chances
We Focus on regional determinants of the hazard faced by firms. Using parametric survival analysis, we test the effects of regional innovation on exit likelihood in the US computer and electronic product manufacturing.
PE or VC financing significantly and positively affect the establishments’ net sales and employment growth rates
The effects of private equity and venture capital on sales and employment growth in small and medium-sized businesses
We study the effects private equity (PE) and venture capital (VC) financing have on small and mid-sized single entity business establishments from 1995 to 2009 by focusing on single entity establishments to cleanly examine the impact of PE and VC financing on establishments’ organic growth. PE and VC financing have positive impacts on single entity business establishments’ net sales and employment growth.
Early stage external capital acquisition is both a strategic and operational decision facing most entrepreneurs
Entrepreneurial ventures require various forms of funding to fulfill their growth aspirations such as angel funding, venture capital and private equity. In addition to the type of funding, an important feature is the timing of the first funding...
Attention, capital-hungry entrepreneurs: New UNH research can help 'show you the money'Press Release »
To continue building their companies, growth entrepreneurs depend on short-term, liquid sources of debt financing such as bank loans, even though winning a thumbs-up from bankers is no cakewalk. Yet University of New Hampshire researchers...
Healthy companies and healthy regionsPress Release »
In today's virtual world, it’s easy to downplay the significance of place. Yet when it comes to regional prosperity, geography matters. Income and job growth is not random but rather spill over from one region to another, meaning that merely being next to a prosperous region will make your own economy more vibrant...
Exclusive, never-before seen data on the impact of private capital investment throughout the United States.
This report reveals that private equity and venture capital investments have been made in more than 425 Congressional Districts and in every U.S. state, the District of Columbia, Puerto Rico and the Virgin Islands. More importantly, this report reveals that overall, companies backed by private capital outperform other companies by a wide margin in revenue growth and job growth.
Building scale and sustaining growthPress Release »
The past decade generated an abundance of headline events — the bursting dot-com bubble, 9-11, the banking crises, the home building meltdown, endless war, budget deficits — the list goes on. Yet while most of us looked the other way, a major shift occurred in the structure of the U.S. economy losing productive scale at a frightening pace...
Did They Build That?Press Release »
Did They Build That? The Role of Private Equity and Venture Capital in Small and Medium-sized Business
Both private equity and venture capital financing dramatically accelerate sales and job growth of small and medium-sized U.S. businesses, according to a new study being released by the Institute for Exceptional Growth Companies (IEGC) and Pepperdine University.
Governments have a constructive role to play in fostering growing companies
The lack of consistent empirical evidence on drivers of high growth businesses and on the success of business growth policies leaves policy makers uncertain and apprehensive about high growth strategies...
NETS versus ES-202Press Release »
The National Establishment Time-Series (NETS) Database provides a number of advantages over more traditional sources. NETS offers an exceptionally deep view of employment dynamics in the economy.
Spotlight on job creationPress Release »
When it comes to generating new jobs, it's existing companies - not new startups - that have the leading role. New startups are often billed as the stars of economic growth. Yet it's actually existing, expanding companies that contribute most to U.S. job creation. In fact, from 1990 to 2008, existing companies generated 71 percent more new jobs than startups (see graph).