Measuring progress is a key part of the the EU 2020 strategy. One of the missing indicators are the "share of high-growth innovative enterprises in the economy". The presentation will discuss alternative definitions of "innovative" high growth enterprises, highlight their strengths and weakenesses and present some test of the definitions and recommendations for how Eurostat can construct the new indicator.

4. Not all innovators do R&D We need a indicator of the " share of high-growth innovative enterprises in the economy “

5. High Growth Enterprises (HGE) Measuring innovative high-growth firms Eurostat-OECD definition of HGE: All enterprises (10+ employees) with average annualised growth greater than 20% per annum, over a three year period should be considered as high-growth enterprises. Growth can be measured by the number of employees or by turnover.

6. Different growth length, thresholds and rates HGE 2004-2007 (2 years) No of employees Growth rate (empl.) 5+ 10+ 15+ 20+ 10 procent 19,8 10,7 6,8 5,0 15 procent 14,0 6,7 4,1 2,9 20 procent 8,7 4,4 2,6 1,8 25 procent 6,4 3,0 1,8 1,2 HGE 2004-2007 (3 years) No of employees Growth rate (empl.) 5+ 10+ 15+ 20+ 10 procent 16,2 8,0 5,2 3,7 15 procent 9,1 4,5 2,9 2,0 20 procent 5,5 2,6 1,6 1,1 25 procent 3,5 1,5 0,9 0,7 HGE 2003-2007 (4 years) No of employees Growth rate (empl.) 5+ 10+ 15+ 20+ 10 procent 10,9 5,5 3,7 2,7 15 procent 5,8 2,7 1,8 1,3 20 procent 3,2 1,4 0,9 0,7 25 procent 1,9 0,8 0,5 0,4

8. Measuring innovative high-growth firms

9. High Growth Enterprises - Denmark Measuring innovative high-growth firms Total number of HGF 1,174 Share of high-growth innovative enterprises ?

12. KIA x CIS-innovative (product or process) Measuring innovative high-growth firms

13. KIA x HGE Measuring innovative high-growth firms

14. CIS x HGE Measuring innovative high-growth firms

17. Share of high-growth innovative firms 2005-2007 Measuring innovative high-growth firms Threshold at the beginning of the growth period Growth rate 5+ employees 10+ employees 15+ employees 20+ employees Average 10 percent 0,59 0,61 0,61 0,62 0,61 15 percent 0,58 0,60 0,60 0,60 0,59 20 percent 0,60 0,63 0,63 0,64 0,62 25 percent 0,62 0,63 0,65 0,66 0,64