High-impact firms in South Carolina

Abstract

This study analyzes private-sector firms and employment change in South Carolina from a new perspective. For years, it has been widely believed that small businesses create almost all jobs in the United States. Recent research has suggested that a small number of fast-growing firms (many small and medium-sized) are responsible for a majority of the employment gains in the United States. The research presented in this study assesses the scope of South Carolina’s small-business and high-impact job creation over the past two decades.