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April 19, 2005

April 19, 2005. Kauffman Entrepreneurship Data Initiatives: An Overview. Alyse Freilich afreilich@kauffman.org. Data Collection Challenges. Definition of “entrepreneur”? Definition of “firm”? Representative samples Sample sizes Financial data. Interest. Engagement. Execution. Growth.

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April 19, 2005

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  1. April 19, 2005 Kauffman EntrepreneurshipData Initiatives: An Overview Alyse Freilichafreilich@kauffman.org

  2. Data Collection Challenges • Definition of “entrepreneur”? • Definition of “firm”? • Representative samples • Sample sizes • Financial data

  3. Interest Engagement Execution Growth Sustainability Barrier: Interested(2) Phases of Entrepreneurship

  4. Kauffman Foundation Projects Interest Engagement Execution Growth Sustainability Barrier: Interested(2) PSED I and PSED II Kauffman Firm Survey Kauffman Financial and Business Research Database

  5. Kauffman Financial and Business Research Database • Current demographic data on about 730,000 companies. 99 percent are privately held. • Current financial data for 130,000 companies. • Longitudinal file of financial data with nearly two million records. File spans more than 10 years and has information on more than 300,000 firms.

  6. Panel Study on Entrepreneurial Dynamics • Who is involved in starting businesses in the United States? • How do they go about the process of starting companies? • Which of these business start-up efforts are likely to result in new firms?

  7. PSED I • Telephone survey of 64,622 U.S. households to find individuals actively engaged in starting new businesses and a comparison group (1999). • Detailed phone interviews and mail questionnaires for the 830 nascent entrepreneurs willing to provide information about their business start-up activities and a comparison group of 862. • Follow-up interviews (phone and mail) with nascent entrepreneurs at 12 and 24 months after the first interview.

  8. PSED I http://projects.isr.umich.edu/psed/ • Paul Reynolds, Florida International University • Richard Curtin, The University of Michigan

  9. PSED II • Telephone survey of ~32,000 U.S. households to find individuals actively engaged in starting new businesses. No comparison group. • Detailed phone interviews for 1,300 nascent entrepreneurs. • Follow-up interviews with nascent entrepreneurs at 12 and 24 months after the first interview.

  10. Comparison of PSED I and PSED II Initial Sample Sizes

  11. Kauffman Firm Survey Scott Shane, Case Western Reserve University, Cleveland, OH Mathematica Policy Research, Princeton, NJ • Objectives: • Track new businesses over time • Target high-technology businesses • Focus on the financial development of the business • Inform policy decisions and academic analysis • Create a public use data source

  12. Questionnaire Development • Conceptual guidelines • Definition of “new business” • Not branch, subsidiary, or inherited • No other legal status prior to 2003 • Did not apply for employer identification number (EIN) in 2002 or earlier • Sole Proprietor did not file Schedule C before 2003 • Did not make UI payments before 2003 • Did not make federal social security (FICA) payments before 2003 • Focus on business, not owner • Financial items core analytic variables

  13. Questionnaire Development • Questionnaire Modules • A - Introduction • B - Eligibility Screening • C - Business Characteristics • D – Strategy and Innovation • E - Business Organization and Human Resources Benefits • F - Business Finances • G - Work Behaviors and Demographics of Owner(s)

  14. Tentative Interview Schedule

  15. Entrepreneurship Research Portalwww.kauffman.org/research

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