Performance of high growth firms in Scotland

Turnbull, Jennifer and Richmond, Kenny (2018) Performance of high growth firms in Scotland. Fraser of Allander Economic Commentary, 42 (2). pp. 33-43. ISSN 2046-5378

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High growth firms contribute disproportionately to economic growth. This paper summarises new data for Scotland, and compares performance to other UK regions in high growth performance. The analysis considers the proportion of the business base that achieves high growth, characteristics of high growth firms in terms of size and productivity, and the pattern of high growth across local authority areas. The analysis shows that high growth firms in Scotland contribute less to economic and productivity growth than those in other parts of the UK.