Our research shows that innovative firms grow twice as fast in both employment and turnover and a relatively small number of high growth companies have a disproportionate effect on employment and the economy.
Our ground-breaking report, The vital 6 per cent demonstrated that a small number of high growth companies contribute half of employment growth.
Our work has also explored the differences in firm growth dynamics across Europe and the US, and how they relate to productivity growth. We are continuing to investigate the characteristics of these high-growth firms with a series of new grants awarded this year to look at the links of high-growth to productivity, geography, universities and many other factors.
Read more about the five projects we've funded to provide further analysis on the characteristics of high growth firms
This research summary provides new evidence on the obstacles facing fast-growing UK businesses
Download the summary