Abstract

The purpose of this paper is to examine the job creation role of small high technology firms. Nearly all newly formed firms begin small so that tracking small firms over time should include the growth effect of newly formed firms. This will provide insights to the relative contributions of small and large firms to economic growth and should be an indicator of the impact of U. S. government policies promoting new, high tech businesses. Econometric work has both confirmed and cast doubt upon this role for small firms. And there has been little descriptive information published.

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