How Cities can Identify the BEST Businesses for Local Economic Growth

This report outlines a new approach to increasing local productivity and preventing decline in cities. Its authors analyzed recent data to identify the factors and practices that support increased job creation and resiliency. The findings show how cities that consistently generate the “BEST” businesses — those that are Big, Entrepreneurial, Super-productive and Tech-enabled — not only make the largest contribution to economic growth, but also have more diverse economic foundations, and are better protected from risk. The report outlines practical steps that city leaders and local decision makers can take to support entrepreneur-led development.

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