High-Growth Enterprises and Policy Implications

Prior studies indicate that high-growth enterprises significantly contribute to the economic growth and to creating new jobs. Indicating such a key driver of growth and employment, especially in the times of overcoming the global impact of financial and economic crisis, high-growth enterprises experience an increased interest of policy makers, although compared to the US and some Asian economies, Europe has performed poorly in generating high-growth enterprises. The purpose of this paper is to assess current developments in policies for high-growth enterprises in the EU and to provide an overview of recent studies on this issue.