Innovation is good isn’t it? We all love exciting new products or services which are useful and add value to our lives. For firms too innovation can be good for attracting new customers and increasing profits. But what happens when innovation goes wrong? We have all experienced this. Think about the last time you tried… Read more
We know that the UK has a ‘long-tail’ of low productivity firms. The ability of these firms to increase their productivity has become a considerable concern for policymakers and is the subject of the Government’s soon to be published Business Productivity Review. It is now recognised that one of the keys to raising productivity within… Read more
Micro businesses, typically businesses with 9 employees or less, play an important role in stimulating innovation, employment and growth. Despite this, relatively little is known about this important segment of the business population as such businesses are often excluded from official surveys. This report published today presents the findings of a survey conducted on micro-businesses… Read more
The Telegraph 05/03/2019 How well do SMEs budget for technology? Reuters 11/03/2019 Pre-recession signals lurk in the UK jobs data- research New York times 11/03/2019 Pre-recession signals lurk in the UK jobs data- research The Aston Angle 22/03/2019 Does firm-level jobs data show a ‘canary in the mine’ for the UK economy ?
The ERC published a new research paper today on job creation and destruction in the UK economy, based on new analysis of ONS data. The analysis, by Mark Hart and Neha Prashar, shows that established firms are already shedding jobs, and although employment is being buoyed by start-ups, these are prone to high failure rates…. Read more
The latest ERC Research Showcase event took place on 7th March at The Shard in London. There was a packed agenda full of updates on a variety of projects currently underway at the centre. The aim of the day was to present and discuss emerging findings with key stakeholders. A range of topics were covered, including… Read more
Forbes.com 14/01/2019 You’re not a Mumpreneur, just an Entrepreneur Personneltoday.com 22/01/2019 High-growth firms crowd out competition for talent The Times 22/01/2019 Fast growing firms ‘hoovering up jobs’ from local rivals
ERC research on regional distribution of fast-growing and high-growth firms and VC for women-led businesses highlighted in the Small Business Finance Markets Report 2019 launch by the British Business Bank this morning.
The UK’s efforts to boost productivity while ironing out regional inequalities in job creation may be fundamentally at odds, according to a study of so-called ‘gazelle’ firms. The findings, based on a study of 6.25m firms over a 17-year period by the ERC , shed new light on the spillover effects high-growth firms have on… Read more