As with other “typical” cities in the Midwest, Indianapolis is often overlooked in academic studies, but has much to offer the research, practice, and policy communities interested in entrepreneurship and its benefits (Motoyama et al., 2013). Our study supports the idea that Indianapolis (Max, 2013)—specifically, the greater Indianapolis/Carmel metropolitan area—represents an attractive place for business in its unique way.
Of special interest for regional competitiveness is a special subset of companies: high-growth firms, also called gazelles, which make disproportionate economic contributions especially to job creation (Haltiwanger, Jarmin, and Miranda, 2013; Kolko and Newmark, 2007). Most research on high-growth firms focuses on their contributions to the regional and domestic economy, whereas few studies have examined the role of regional environment for high-growth firms (see Motoyama and Danley, 2012; Neumark and Wall, 2006).
This study focuses on the regional environment for high-growth firms in the Indianapolis/Carmel area. Highlights of our findings are:
Enabling Entrepreneurial Ecosystems
City, Metro, and Regional Entrepreneurship