Project Seminar – December 2016
The ERC held a project day on 13th December 2016 at the WBS offices in The Shard. The day was split into two sessions. During the afternoon we held initial stakeholder meetings for Projects 6-9. The event was attended by over 40 stakeholders, and generated interesting discussion and useful feedback to help inform the research.
Project 6 – Productivity and Internationalisation in SMEs.
A brief presentation from Jim Love provided an overview of the project, key research questions and data to be used. At the meeting it was clarified that work would concentrate on analysing UK data to examine the link between exporting, innovation and growth in SMEs. Research will start initially on the Longitudinal Small Business Study (including wave 2 when available), and would examine how different patterns of exporting (continuous, intermittent, early internationalisation etc) affect growth, and how these different patterns interact with innovation performance. Work will also take place on the effect that public support or innovation and exporting have on growth and productivity.
Analysis will subsequently switch to the analysis of HMRC data, allowing the researchers to perform two types of analysis. First, building export histories of UK SMEs using the customs and trade databases. For each firm this will involve data on product category, value, year and national market. This will provide new insights into the nature of export development in SMEs and whether there is evidence of learning effects as firms move from local to more challenging distant export markets. Second, export histories will be combined with performance data from the Business Structure Database and/or HMRC Corporation Tax dataset and VAT datasets to examine the timing and causal influence of exporting on performance. This will allow us to consider in more detail issues such as early internationalisation and intermittent exporting.