Entrepreneurial Density

Definition

Entrepreneurial density measures the concentration of entrepreneurial activity in the region, in terms of new business activity and its potential for growth and successful exit.

Included in the indicator:

• The concentration of new business activity registered on the Crunchbase database in the past year.
• The number of initial public offerings (IPOs) issued since 2015 to companies headquartered in the county.

The rate of incorporated self-employment activity in the workforce.

Significance

A measure of overall ecosystem vibrancy and quantity of new companies.

Trends

Rank 21st
(out of 58 counties)