MANY STARTUPS, FEW HIGH-GROWTH FIRMS
Although high-growth firms represent a significant share of jobs in Norway, we have little ability to grow new businesses. This realization, combined with a great need for knowledge to be able to understand drivers of growth, is the basis for the establishment of the Center for Growth Analysis.
Analyses of business development and growth have been a core activity in Oxford Research for 15 years. Larger framework agreements within enterprise development, evaluation of growth and cluster development are the basis for analyses carried out at the Center for Growth Analysis.
Through broad external networks, we offer measurements and analyses of regions ecosystem and their importance for growth.
THE CENTER'S UNDERSTANDING OF ECOSYSTEM AND GROWTH The OECD defines scaleups as companies with ten or more employees who have a growth in the number of employees or a turnover of 20% or more, over a period of three years. These high-growth firms are characterized by being more innovative and their innovation is a source of growth. High-growth firms are of central importance for business development and growth in ecosystems. The local entrepreneurial atmosphere and commitment to growth that companies operate in, provides opportunities or barriers for further development. Culture, social norms and attitudes related to entrepreneurship and growth are recognized as key components of economic growth in growing ecosystems. According to OECD, entrepreneurial ecosystem is defined as: ” ‘a set of interconnected entrepreneurial actors (both potential and existing), entrepreneurial organisations (e.g. firms, venture capitalists, business angels, banks), institutions (universities, public sector agencies, financial bodies) and entrepreneurial processes (e.g. the business birth rate, numbers of high growth firms, levels of ‘blockbuster entrepreneurship’, number of serial entrepreneurs, degree of sellout mentality within firms and levels of entrepreneurial ambition) which formally and informally coalesce to connect, mediate and govern the performance within the local entrepreneurial environment. SCALEUPS’ IMPORTANCE FOR GROWTH With the knowledge of scaleups’ importance for economic development, the center contributes to knowledge development and dissemination on how companies who have a stable turnover and number of employees over time, can switch to a development phase for upscaling. OUR PARTNERS
THE CENTER'S AMBITIONS OUR REFERENCE PROJECTS: Phone +47 982 81 899
CONTACT US
Bjørn Brastad
CHIEF ANALYST
Email bjorn.brastad@oxford.no
Oxford Research søker stadig dyktige og engasjerte medarbeidere på alle nivåer, og vi ansetter både nyutdannede kandidater og personer med lang erfaring.
Oxford Research Norge AS
Østre Strandgate 12
4610 Kristiansand
Norge
+47 40 00 57 93
post@oxford.no