Funded by the Economic and Social Research Council, the ERC is the UK’s leading centre of excellence for research into the growth, innovation and productivity of small and medium-sized enterprises (SMEs). Our research helps shape better policies and practices that enable SMEs to thrive.
Lack of support for workers’ mental health “cuts firm productivity by a quarter”
A new report funded through the Midlands Engine Mental Health and Productivity Pilot (MHPP) finds that firms impacted by mental health sickness absence suffered a 25% hit to their productivity Bosses surveyed cited remote working and job insecurity as risk factors – but many unsure where to turn for advice on boosting staff wellbeing… Read more
BackinBusiness : No Country for self-employed podcast
Professor Mark Hart, Deputy director of the ERC whose research shows many self-employed are slipping through the safety net joined the BackinBusiness team for this podcast alongside two self-employed people to discuss the impact of the lockdown on their businesses, Government loans and disappearing customers which are all of concern at this time. Listen to… Read more
ERC to be a partner in new Innovation Centre that will help foster the UK’s rural economies
The ERC are pleased to announce that they are partners in a new National Innovation Centre for Rural Enterprise (NICRE), which is to be launched on 1st September this year, funded by Research England. The new Centre will support enterprise, resilience and innovation among rural firms and aim to unlock the untapped potential of rural… Read more
R&D: What can the Great Recession tell us about the likely impact of COVID-19?
It seems increasingly clear that the economic impacts of COVID-19 will be startlingly sharp for the UK and other world economies. The great unknown at present is whether the historic quarterly contraction we’re expecting to see in Q2 of 2020 is followed by a rebound, or a deep and painful recession. What’s also difficult to… Read more
Is small lending too big to fail? Covid-19 and P2P lending to SMEs
Over the last decade, the landscape of SME finance has changed dramatically. In the aftermath of the financial crisis, while traditional bank lending experienced a sluggish recovery, a new model of online marketplace (P2P) business lending emerged. Funding Circle, started in 2010, was the world’s first P2P platform to fund business loans and seemed to… Read more
UK companies facing COVID-19 “pincer movement”, data shows
News release: 20 April 2020 New data shows a spike in limited companies going out of business – coupled with a big decline in new starts – has hit all regions and sectors since the start of March New data suggests the UK economy is facing a worrying “pincer movement” due to the coronavirus pandemic,… Read more
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