The vital 6 per cent

A small minority of high-growth businesses hold the key to job creation and wider prosperity.

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New research published by NESTA shows that the 6 per cent of UK businesses with the highest growth rates generated half of the new jobs created by existing businesses between 2002 and 2008.

This research summary covers the findings of two pieces of research commissioned by NESTA: Measuring Business Growth, by a team from Aston University, the Economic Research Institute of Northern Ireland and the University of Strathclyde; and Business Growth and Innovation, by a team from the National Institute of Economic and Social Research.

Published
October 2009

Author
NESTA