Focus rEsourcEs on HigH-impact, in-statE companiEs For grEatEst Job growtH & businEss crEation potEntial With recent studies shedding new light on prior assumptions about the source of job gains, we learn that a state’s economic performance is driven by how successful it is in building world-class businesses inside its borders, not in importing businesses from elsewhere. Particularly in mature economies, almost all job growth is organic, due to the expansion of existing firms and the birth of new firms. A 2010 study by the Public Policy Institute of California, “Business Relocation and homegrown Jobs, 1992-2006” found that job relocations at the state level accounted for 1.9 percent of job gains