Research Paper

Knowledge Spillovers, Entrepreneurial Ecosystems and the Geography of High Growth Firms Redux

ERC Research Paper No 116

Associated Themes
  • Business Growth
  • Entrepreneurship
  • Innovation

This research revisits the geography of high-growth firms (HGFs) in the UK to understand why some regions consistently generate more of them than others. Building on and extending recent studies, the paper focuses on the role of entrepreneurial ecosystems (EEs) and knowledge spillovers as key drivers of localised high-growth activity. The study uses granular, longitudinal data across UK Local Authority Districts from 2009 to 2021, addressing earlier methodological limitations to provide robust insights. The goal is to inform more effective regional development strategies by identifying ecosystem elements that enable sustained business dynamism, and by re-evaluating the significance of spillovers in shaping local growth trajectories.


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