Ideas — Systems

Firm Innovation: Kauffman Growth Entrepreneurship Index

Entrepreneurship is a significant source of firm innovation, and those whose innovations are most significant tend to experience the greatest growth. This metric draws on a growth entrepreneurship index developed by the Kauffman Foundation, which examines firm innovation in each metro in three ways: (1) the rate of startup growth; (2) the share of startups that reach 50 or more employee within 10 years; and (3) the share of firms overall — not just startups — growing faster than 20 percent annually.

KC Value KC Rank Top Ranked
Top Ranked
Metro Value
10th Ranked Value Ranking
Level  2017 2.04 19  Austin  11.67 Charlotte 4.80  19th
(down from 15th)
2016 2.63 15 Austin 11.90 Baltimore 3.67
Growth* Net Change 2016-17 0.24 17 Nashville 1.92 Indianapolis 0.68 17th
(no change)
Net Change 2015-16 0.34 17 Cincinnati 1.69 Minneapolis 0.65

* Growth is calculated based on a 3-year moving average of the original data to reduce the influence of temporary, random or one-time events.

Source: Ewing Marion Kauffman Foundation
Excel data: Kauffman Growth Entrepreneurship Index



Kansas City Compared to Peer Metros — Level

Kauffman Growth Entrepeneurship Index - 2017

Kauffman Growth Entrepeneurship Index - 2016

Kansas City Compared to Peer Metros — Growth

Kauffman Growth Entrepeneurship Index - Net Change 2016-17

Kauffman Growth Entrepeneurship Index - Net Change 2015-16