Published: 16 November 2015
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.
ERC,, Sachs, Goldman, Bank, British Business
Productivity and performance
We used depth interviews with business managers from the Midlands Engine area of England to explore the ways in which they and their organisations experienced mental health issues during the Covid-19 lockdown period. We spoke with our participants before and after lockdown. Four key themes emerged from the managers’ narratives. Firstly, the crisis has meant significant changes to the ways that many people experience the workplace and this has led to a number of new triggers for mental health issues. Secondly, mental health issues during and post-lockdown affected some groups of employees more, or in different ways, than others. Often, those affected were different from those who had experienced mental health issues pre-Covid. Thirdly, while stigma is known to discourage people from disclosing mental health issues, employees may be even less likely to admit to mental health issues during and following the crisis and lockdown than before. Fourthly, with increased remote working, it may be more difficult to identify the changes in behaviour that can signal that someone is struggling with mental health issues. Taking account of these insights is important to allow employers, policymakers and mental health practitioners to be aware of potential issues, and to design appropriate interventions. Our findings also have implications for the future research agenda.
Published: 4 November 2020
The pandemic has brought about difficult times for many businesses in the UK. Currently, with the onset of a second wave, and the end of the Brexit transition period nearing, the road to economic recovery looks arduous. Inevitably, the rate of job and firm destruction will increase but for those businesses that manage to survive, sustainable long-term productivity will be key to recovery and growth. However, are we using the right measure of an average when looking at productivity?
Published: 16 October 2020
Enterprise Research Centre
Warwick Business School
University of Warwick
Coventry CV4 7AL
Enterprise Research Centre
Aston Business School
Birmingham B4 7ET
0121 204 5392