The document summarizes a presentation given to Scottish Enterprise about analyzing business growth in Scotland. It finds that Scotland has a lower rate of high-growth firms compared to other UK regions based on an OECD definition. However, when accounting for business characteristics and economic factors, the case for a "high-growth deficit" in Scotland is weakened. It recommends moving beyond growth rates to examine "growth trajectories" and "high-growth episodes" over a firm's lifecycle to better understand business scaling in Scotland.