Overview
High-growth companies produce the majority of revenue and job growth in the U.S. economy. Despite their significance, these companies’ success is not well understood. The High Growth Companies Research Group (HGCRG), a partnership between RENCI and the UNC Kenan-Flagler Business School’s Kenan Institute for Private Enterprise (KIPE), conducted research to help understand how high-growth companies prosper. Understanding the success of these companies, which drive our economy, has practical benefits for the research community, businesses, government agencies and the residents of North Carolina.
HGCRG aimed to develop a detailed understanding of the high growth dynamic and provide a basis for applying the insight gained through the group’s research. Applications include identifying high growth companies and their precursors, predicting their trajectories, and informing policy decisions that can accelerate their success.
In order to better communicate HGCRG research results to stakeholders, RENCI implemented a series of information visualizations based on KIPE’s study data on North Carolina high growth businesses. In addition RENCI implemented research visualization to lead to new insights into the underlying drivers of high growth.
RENCI experts applied advanced data mining and visualization approaches and computational modeling techniques to advance HGCRG’s research agenda.
Funding
- State of North Carolina
- Frank Hawkins Kenan Institute of Private Enterprise
Collaborators
Kenan Institute of Private Enterprise, Kenan-Flagler Business School, UNC
Project Team
- David Knowles, project leader
- Sarat Kocherlakota
- Michael Shoffner
- Charles Schmitt
