Young firms are integral to productivity enhancing resources reallocation. However, they need to be more productive …, the productivity of those that survive makes a quantum leap in one year and starts to converge to that of the mature firms …. Those entrepreneurs that grow substantially by age three, termed as transformative, have a major productivity advantage …

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important-but specific-function in the economy. They engender relatively much employment creation, productivity growth …