Global Entrepreneurship Monitor : 2020 / 2021 Global Report

The world is currently in the grip of a devastating pandemic, COVID-19, which has been causing widespread negative health, social and economic impacts. There is a pressing need for careful, authoritative and evidence-based assessment of the pandemic’s impacts on levels of entrepreneurial activity across the world, as well as on attitudes and ambitions. The new… Read more

Large-scale business survey to shed light on rural resilience during COVID

The National Innovation Centre for Rural Enterprise (NICRE) is asking rural and farming businesses in the North East, South West and Midlands how they are dealing with COVID-19 to explore the lesser-known area of rural resilience. There is little research about how small firms in rural areas manage crises and how they recover so NICRE… Read more

The end of the beginning, or the beginning of the end for UK trade?

2020 was a terrible year for UK trade. Overall, UK exports in goods contracted by almost 15%, down by £54.5 bln[i] in the twelve-month period, this is even worse than the contraction seen in the UK economy as a whole, which was just under 10% in GDP terms. [ii] Furthermore, the early 2021 bilateral trade… Read more

Innovation Readiness in UK Foundation Industries report

In a report published today research conducted by UK Research and Innovation found that only 56% of UK businesses across six foundation industry sectors introduced new products and 53% new processes in the last three years, namely metals, paper, chemicals, glass, ceramics and cement companies. UKRI commissioned the Enterprise Research Centre to undertake the research as… Read more

Innovating places

Climbing a mountain, travelling North or spending time near the sea we all become aware of differences in the climate. In some places configurations of landscape create specific micro-climates, which create conditions of warmth or shelter allowing plants and gardens to flourish. Recent research suggests that business innovation may work in a similar way, with… Read more

How do we fire up the start ups

ERC Deputy Director Mark Hart joined an expert panel at the The Centre for the New Midlands webinar ” How do we fire up the start-ups” discussing how to make the West Midlands the most attractive place to start a new business in the UK. Amongst the questions discussed were Is the West Midlands the place… Read more

COVID hammers UK firms – but sparks digital ‘pivot’ for some

Over 40% of UK’s small and medium-sized firms report COVID-related hit to turnover, while 3 in 10 forced to cut jobs Around 200,000 firms could be close to collapse based on analysis of those trading insolvently or running out of cash But a fifth of firms report positive impacts from the pandemic, with many embracing… Read more

GEM NI Report 2019

Published today this report, completed by Queen’s University Belfast in conjunction with the Enterprise Research Centre, provides international benchmark data for entrepreneurial activity in Northern Ireland, on a comparable basis. The Global Entrepreneurship Monitor (GEM) is an international project which seeks to provide information on the entrepreneurial landscape of 50 countries in 2019. This is important… Read more

What ‘works’ for improving small business productivity?

Ask anyone working with small business owners and they will tell you great stories of how mentoring and training can transform people and their businesses. Each of these stories is important in its own right. In terms of policy, however, this type of anecdotal evidence is of little value in terms of justifying public investments… Read more

Crisis entrepreneurs

Is now a good time to start a new business? In this FT article published this morning, ERC Deputy Director Mark Hart says we could be seeing an uptick of “crisis entrepreneurs” adding that these are people who have lost their job during the pandemic and have no other choice in the current labour market than… Read more