Coad A. Scale-ups and High-Growth Firms. Theory,Definitions,and Measurement 2024

Textbook in PDF format

This book goes into the details of the characteristics of scale-ups, touching upon various theoretical perspectives (stages of growth models, the role of intangible capital, the tradeoffs between fixed costs and marginal costs) relating to firm growth, to provide a clear definition of this emerging concept. Given the disproportionately large economic contribution of a small number of fast-growing firms, there has been growing interest in a category of dynamic ventures called "scale-ups". The term was popularized by Silicon Valley Venture Capitalists before receiving attention from academics and public policy makers. However, there remains considerable confusion regarding what a scale-up actually is.
Introduction and Motivation
Firm Growth, and High-Growth Firms
Stages of Growth Models
Eight Propositions About Scale-ups
Theoretical Definition of a Scale-up
Empirical Definition of a Scale-up
In Search of Scale-ups: Empirical Analysis
Concluding Remarks