It might be a common assumption that high-growth companies are largely based in Silicon Valley. But Penn State economist Stephan Goetz says that’s not so. In a study of Inc. Magazine’s list of 5,000 high-growth companies, Goetz and colleagues discovered that “these firms are found in many different sectors, not just in the high tech space, and … these companies are found across the United States.”
In this case, “high growth” refers to revenue, which in turn measures the expansion of operation and improvement in efficiency. For more about this study, visit the Penn State News site to read the story by Matt Swayne.