Definition: Growth

Category: Business demography

The term growth is used in business demography to study how groups of enterprises develop. Growth is measured in terms of a change in size (in this case employment) over time. It is expected that growth for births will generally be positive (for those enterprises that have survived) as the vast majority are very small at the time of start-up. There will be occasional cases for births, and more frequent cases for the population of active enterprises, where the growth measured in this way will be negative. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-RA-07-010-EN.pdf Eurostat, "Business Registers Recommendations Manual", 2010