February 2019 Press Coverage

Real Business 11/02/2019 Are business survival statistics relevant? Telegraph 15/02/2019 How fintech is transforming small businesses  

Minority-led firms more likely to face “survival threats”

• New study by the Enterprise Research Centre (ERC) of 600 London firms finds 48% of businesses run by ethnic minority leaders suffered a major crisis in past five years. • Data on different types of entrepreneur provides basis for new toolkit to help businesses become more resilient to threats. • With Brexit uncertainty continuing, study hopes to… Read more

Northern Ireland’s enterprise progress threatened by Brexit uncertainty

Proportion of early-stage entrepreneurs in Northern Ireland grows 75% in 15 years Meanwhile, established micro-businesses employ 20% of people, showing high rates of profitability and exporting Bad Brexit deal could “set the clock back” on enterprise, academics warn   Brexit’s risk to recent positive trends among Northern Ireland’s entrepreneurs and micro-firms has been spelt out… Read more

Latest SOTA reviews from ERC

This week sees a further two SOTAs published in the new series. Each ERC SOTA Review provides a short briefing on a tightly-defined topic, drawing on the most recent research and policy literature. The reviews clearly summarise the main evidence points, provide an indication of robustness for each evidence point and identify key uncertainties and… Read more

Europe-wide study on ‘shock-proof’ firms ahead of Brexit

 Two-year project will learn lessons from 3,000 of Europe’s most resilient firms to spread best practice  Focus on under-represented groups will seek to understand how entrepreneurs overcome barriers With 70% of European jobs in SMEs, study is seen as vital pre-Brexit to cushion economic fallout A new study on business resilience in five European countries will draw up… Read more

Micro-business Britain

‘Digital dividend’ productivity boost for UK’s micro firms • Biggest ever study of UK ‘micro-businesses’ (with 1-9 employees) shows big boosts to productivity from use of digital technologies • Doubling adoption could provide a ‘digital dividend’ boost to the economy worth £16.6bn • Research points way to boosting output of group of firms traditionally seen as ‘drag’ on… Read more

Three more years of enterprise research announced

• The Enterprise Research Centre has secured funding for three further years of rigorous research into SME growth and entrepreneurship The Enterprise Research Centre has secured funding for three further years of research on the state of entrepreneurship and SME growth in the UK. The ERC, a network of researchers with a core team based at Aston… Read more

UK Innovation Survey User Group

Around thirty people attended the UKIS User Group event held at BEIS on the 20th March. A policy round-table comprising Agnes Estebail (BEIS), Will Steele (IPO), and Stephen Miller (Design Council) identified remaining evidence gaps (among others) around IP valuation and benefits, design impacts on innovation and sectoral effectiveness of policy. A number of research papers… Read more

Business schools supporting entrepreneurship and small businesses across the UK.

Stephen Roper  was invited as an ISBE trustee to join the taskforce behind the latest Chartered ABS report on how business schools deliver value to local and regional economies. Professor Roper comments, “The CABS report highlights the valuable contribution business schools make to supporting entrepreneurship and small businesses across the UK. It is good to see… Read more