Comparing Different Measures of High-Growth Enterprises: A Canadian Case Study, February 2017
Small Business, Tourism and Marketplace Services
There are multiple definitions of High-Growth Enterprises (HGEs) and no general agreement on how to characterize them. This methodological study compares three measures of High-Growth Enterprises (HGEs). Specifically the authors have developed a new definition of HGEs, the Top Decile Approach, and have compared it to two different approaches widely used, the OECD-Eurostat and the U.S. Bureau of Labor Statistics Kink Point. Each approach allows for calculating the number of HGEs by firm size and industry. The study results suggest that the number of small HGEs can differ significantly depending on the methodological approach adopted.
Catalogue Number: Iu188-127/2016E-PDF
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