Fast-growth companies in Scotland

Hopkins, Paul and Richmond, Kenny (2016) Fast-growth companies in Scotland. Fraser of Allander Economic Commentary, 40 (1). pp. 64-73. ISSN 2046-5378

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    Abstract

    Research shows that fast - growth companies contribute disproportionately to jobs growth, and, compared to non - fast growth companies, tend to be more innovative, and are more likely to be exporters 2 . Therefore, developing a better understanding of fast - growth companies in Scotland will contribute to our evidence - base on their contribution to productivity performance. This paper presents new evidence on fast - growth companies in Scotland. For this analysis, we have considered companies in the turnover sizeband of between £5m and £25m, and that have a minimum of 10 employees. Fast - growth companies are defined as those within this sizeband that achieved turnover growth of at least 60% between 2011 and 2014.