Abstract
Since 2000, there has been a proliferation of interest shown by scholars on high growth firms (HGFs). Scale-ups, in particular, are HGFs that have average annual growth in employees or turnover greater than 20 percent per annum over a three-year period, and with more than ten employees in the start-year. Interest in scale ups can be explained, as a few of them are crucial for job creation. In this research, we will focus on Greek scale up firms that operate in the service industry, and will approach these firms in terms of their scalability. Scalability refers to the ability of firms to grow fast without being restrained by existing structures or resources. This leads to high growth rates in a way that are consistent with superior performance. In this study, our main aim is to provide an empirical framework that will explain the reasons behind the companies’ sustainable firm growth. Our work will also have practical implications for government officials in shaping their public policy strategies.