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Insight
Contribution to Job Creation by High Growth SMEs.
Published: 7 July 2015
ERC Insight Paper
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- Business Growth
High-Growth Firms (HGFs) are a very small proportion of UK businesses population yet they have a disproportionate impact on job creation. We re-visit the issue to confirm that typically, over a three year period, high growth SMEs represent less than 1% of established businesses, but generate 20% of all job growth amongst established businesses which grow
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