Entries by Wendy Ferris

Small firms and formal intellectual property protection: A paradox?

We know that firms use knowledge protection mechanisms to limit imitation and enhance their ability to appropriate the returns to their innovative investments. Recent research at the ERC suggests that both formal (e.g. patents) and informal (e.g. secrecy) knowledge protection mechanisms are important for the innovation returns of small firms (those with fewer than 50… Read more

Getting the right recipe: collaboration strategies for radical and incremental innovators in services.

ERC Research Paper No 77 is published today. Successful innovation requires both effective idea generation and commercialization. Here, we investigate the benefits of alternative collaboration strategies across the idea generation and commercialization stages of the innovation process. Does collaboration generate complementarities between stages of the innovation process? Or, as external collaboration is costly and risky,… Read more

State of Small Business Britain Conference 2019 – UK manufacturing ‘fragile’ as Brexit nears – research

● Enterprise Research Centre report finds dampened growth across manufacturing firms, as new start-ups also drop by 10% overall and nearly 30% in the automotive sector ● Fewer firms achieving ‘high growth’ status – with key manufacturing regions falling behind ● ERC warns of a “breakdown in dynamism” as Brexit fears stalk the sector The… Read more

Innovation and productivity: How strong is the connection?

Innovation and productivity: How strong is the connection? ‘Innovation’ is a much used (and abused) term employed to describe everything from flea collars for dogs[1] to electric cars. As a result, measuring innovation can be tricky, particularly in service sectors where firms’ relationships to customers are often individual and bespoke. Fortunately, the kind people at… Read more