Small Business Facts: Science/High-Tech Workers and Small Firms
Small businesses play a special role in innovation. In 2018, 37% of high-tech workers worked for small businesses. According to the Census Bureau’s data series, Innovation Measurement Initiative, the bulk of STEM-related researchers working on funded research at universities go into the private sector after completing their research, and a significant share go on to work at small businesses. Read Small Business Facts: Science/High-Tech Workers and Small Firms to learn more.