The Crucial Role of Rapid-Growing Companies in the Economy
A scale-up is defined as a company with at least 10 employees that has grown by at least 20 per cent per year over a three-year period (OECD, 2007). An organisation is considered fast-growing when it can be defined as a development-stage business, that is looking to grow in terms of market access, revenues, and number of employees.
Why do some startups develop into scale-ups and others not? Which factors are indicative of successful fast-growing organisations and which barriers of expansion exist? Prof. Justin Jansen (Academic Director ECE and Professor of Corporate Entrepreneurhsip at Rotterdam School of Management) conducts research regarding the success-indicators of scale-up prosperity.
Scale-ups play an important role in the job creation process and thereby substantially influence the regional economy. Our research shows that the Top 250 Scale Ups of 2017 already created over 10.000 jobs. These high-growth firms are strongly dependent on their local economic context. In order to stimulate the labor market and economy, scale-ups need to be understood and supported.
DISCOVER SCALE-UPS IN YOUR REGION OR SECTOR
The Erasmus Centre for Entrepreneurship conducts research on scale-ups on a regional level, on commission for organizations such as the Brabantse Ontwikkelingsmaatschappij (BOM), Innovation Quarter (IQ) and the city of Rotterdam. Also for non-governmental and commercial organisations, our database and studies can be adapted to region or sector, reveiling all companies with a reliable 3-year top growth record.
Prof. dr. Justin Jansen is the academic director of the Erasmus Centre for Entrepreneurship (ECE) and professor Corporate Entrepreneurship at Rotterdam School of Management, Erasmus University. His research provides new insights into the roles of leadership, the organizational design as well as the development of novel capabilities as to improve long-term viability and performance. The ScaleUp Dashboard is conducted by Prof. dr. Justin Jansen in which he answers various questions regarding the phenomenon of scale-ups.
THE SCALE-UP DASHBOARD
The ScaleUp Dashboardis an annual research that answers various questions surrounding the phenomenon of scale-ups. How many scale-ups does the Netherlands have and what is the impact of these fast-growing organisations in terms of job creation and the Dutch economy?
The ScaleUp Dashboard 2016 shows that:
For the first time in 7 years the number of fast-growing companies in the Netherlands is increasing
Especially in the administrative and support service sector the share of fast-growing companies is increasing rapidly. The share of fast-growing companies in almost all Dutch topsectors, on the other hand, is decreasing
More startups are becoming scale-ups. One out of every 20 Dutch fast-growing companies used to be a startup
“The ScaleUp Dashboard is the first list that truly takes into account and measures all companies in the Netherlands with more than 10 FTE. There are more lists about scale-ups available, but those give limited insights because companies have to register themselves or the lists are focused on specific sectors. Insight in which companies truly belong to the Top of scale-ups is missing and that is what we hope to achieve by creating and launching this Top 250 Scale-ups (Top 250 Groeibedrijven) – of over 3000 scale-ups – in the Netherlands.”
DOWNLOAD SCALE-UP DASHBOARD 2016
TOP 250 SCALE-UPS
Every year the Top 250 Scale-ups (Top 250 Groeibedrijven) is published. This list is based on our ScaleUp Dashboard and gives insights into which companies truly belong to the Top of scale-ups.
The companies in the Top 250 together created over 10.000 jobs!