Below you can find reports and publications by the ERC.

UK Local Growth Dashboard 2016

The UK Local Growth Dashboard has been developed by the Enterprise Research Centre (ERC) and builds on the LEP Growth Dashboard first launched in June 2014. Its purpose
is to present a set of growth metrics for start-ups and existing firms across a range of sub-national geographies in the UK (NUTS 2) with a specific focus on each of the 39 English Local Enterprise Partnership (LEP) areas1.

Alongside these metrics it provides some other contextual data for each LEP including the changing sectoral composition of local economies over time. The Local Growth Dashboard can be used as a source of evidence to inform discussions on priorities in business support concerning small business growth and includes easily understood metrics which can be readily updated on an annual basis.

This report is designed to simply present the data for others to use and it is not the intention here to investigate the reasons for these variations as that can be found elsewhere in the research outputs of the ERC and the wider research and policy literature.

Unlocking UK Productivity

UK productivity to be boosted by increasing exporting and innovation among small and medium-sized firms.

Britain’s productivity is falling behind other economies because it is slower to turn ambitious smaller firms into exporters of innovative new products and services, according to a new report.

With more support, it is estimated that up to 110,000 small to medium-sized enterprises (SMEs) could become regular exporters, adding an extra £1.15 billion in Gross Value Added (GVA) to the economy in the first year alone in the form of new and higher value jobs.

The report published today, “Unlocking UK Productivity” has been co-authored by Goldman Sachs, the Enterprise Research Centre (ERC) and the British Business Bank (BBB).

Its findings draw heavily on the core research themes of ERC for the past three years.

UK Local Growth Dashboard 2017

The UK Local Growth Dashboard 2017 will be published in March 2017 .

UK Growth Dasboard 2015

UK Growth Dashboard reveals surprise landscape of SME growth in aftermath of the Great Recession

The UK Growth Dashboard 2015, a new study by the Enterprise Research Centre (ERC) in partnership with Business Growth Service looks at a range of indicators to  shed new light on the health of small businesses and entrepreneurship across the whole of the UK. the report shows that, overall,small businesses have finally regained the ground lost since the Great Recession- with jobs, start up and growth rates returning to pre-crisis levels in 2014 for the first timer since 2008.It paints a much more complex picture of  growth in the ‘grassroots economy’ than the usual caricature of a booming London and trailing provinces – with growth hotspots being found in every nation and region of the UK.

Professor Mark Hart, Deputy Director of ERC, said:

“The UK Growth Dashboard provides us with the most detailed picture of where entrepreneurial activity and business growth is occurring around the country.

“It shows us that small businesses in every corner of the UK are growing at their fastest rate since the Great Recession, while more and more entrepreneurs have the confidence to take the plunge.

“Nevertheless, there remain big regional disparities in entrepreneurship and small business growth. Equipped with the up-to-the-minute information contained in the Dashboard, we can see that some areas appear better at breeding success. At a policy level, this can help us create an environment for business to thrive throughout the country.”

Data for Dashboard_ERC

Benchmarking local innovation – the innovation geography of the UK

Benchmarking local innovation – the innovation geography of the UK is the first ever study mapping where firms developing new British goods and services are concentrated. The UK has an ‘arc of innovation’ stretching from Cambridge through the South-East Midlands and along the M4 corridor.

Key nodes of the arc of innovation include well-known university spin-off centres Oxford and Cambridge, as well as more surprising areas like Gloucestershire and Milton Keynes.

A Nation of Angels. Assessing the impact of angel investment across the UK

A Nation of Angels. 

The Enterprise Research Centre were commisioned by the UKBAA  in association with the Centre for Entrepreneurs (CfE) and with the support of the BVCA, Deloitte, Barclays and the ESRC, to produce a Research Study Report in order to  better understand the impact of angel investing on the growth of their investee businesses and the influence of these new developments in the marketplace and to identify what action UKBAA and other key players can take to further support the growth and effectiveness of angel investing.

The results of this study demonstrate the important role that angel investing is playing in the economy in bringing risk capital and business experience and skills to support the growth of small businesses,but also through creating social impact through their investments. Ultimately it is hoped this will reinforce the need for Governments , key stake holders and opinion formers to give continuing support to this “Nation of Angels” to enable the angel community to continue to grow and fulfil their important contribution to the UK economy.

Conducted by Prof Mark Hart, Deputy Director , ERC, Aston Business School , Prof Mike Wright, ERC, Imperial Business School and Dr Kun Fu, ERC , Imperial Business School  this report presents the results of the largest study of the investment behaviour and impact of business angels in the UK to date. The study comprised responses from 403 individual angels who responded to the online ‘Nation of Angels’ survey detailed follow-up telephone interviews with 42 individual angels who shared more details of their investment behaviour, and an online survey of 28 angel syndicate and network leads across the UK  representing ~8,000 angels.

LEP Growth Dashboard

New metrics on growth of established businesses and start-ups for the English LEPs developed by ERC researchers in partnership with GrowthAccelerator.

A complex LEP geography emerges which provides a challenge to some of the preconceptions held about the ‘hotspots’ of growth across England while confirming others.  The Local Enterprise Partnership (LEP) Growth Dashboard has been developed by the Centre in partnership with GrowthAccelerator. Its purpose is to provide each LEP with a set of simple metrics on the growth of existing firms and start-ups in their LEP area and set these alongside the key barriers to growth flagged by businesses who are seeking to grow and have become a participant in GrowthAccelerator.Download infographics below:

Start-ups and Growth

LEP Growth Metric Tables

Survival Rates

ERC Annual Reports 2013-2015

Annual Reports

The Enterprise Research Centre (ERC) was launched in January 2013 to deepen
understanding in the UK of the factors affecting small and medium sized business
investment, performance and growth.
The Centre is a collaborative venture between five University Business Schools: Warwick,
Aston, Imperial, Strathclyde and Birmingham. ERC aims to build long term research capability
which will act as a focal point for world-class research on SMEs in the UK and internationally.
Our work informs stronger SME strategy and policy development in the UK by developing and
drawing on the evidence base and providing commentary, evaluation and challenge to policy
makers and those serving small and medium sized firms.
The ERC’s research programme is distinctive in that it aims to place SMEs in their
operating context recognising that:
 growth is strongly influenced, both positively and negatively, by the business eco-system;
 growth depends significantly on the role of SME leadership and capability;
 different SMEs have very different ways of growing – organically or by acquisition – and the
barriers and enablers of each type of growth, and in each type of firm, may be very different.