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Diversity and Innovation – the new evidence

We have got used to recognising the role of innovation in generating growth and prosperity in all economies.  At first, society heaped praise on individuals who led technological change (for example, Trevithick, Armstrong or Brunel).  In the last 100 years, greater emphasis was given to larger firms and government policy to lead the “white heat… Read more

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SMEs are losing out in the innovation race

SMEs are losing ground to larger UK firms in terms of innovation. This is one of the key messages in new innovation data recently published by the Department for Business, Energy and Industrial Strategy (BEIS). The data taken from the UK Innovation Survey (UKIS 2017) provides the first robust benchmark for levels of business innovation… Read more

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Innovation by design.

Good design is a delight. But the potential role of designers goes well beyond improving the functional or aesthetic aspects of a product. Research on design thinking has suggested there should be a design leadership effect when designers lead rather than contributing to firms’ innovation processes. But how big is this effect? Until now we… Read more

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Mavens and the missing link: Unlocking innovation diffusion in small firms

In the world of small businesses, innovation often hinges not on internal R&D budgets, but on the ability to learn from others. Haldane (2018) observed that a major productivity problem for 99% of UK firms is the failure of diffusion—the inability of good ideas and practices to spread from the leading firms to the rest…. Read more

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How could a new trade agreement revitalize SMEs in the agri-food sector?

For small and medium-sized enterprises (SMEs) in the agri-food sector, Brexit has ushered in a new era of challenges. Previously accustomed to the frictionless trade afforded by EU membership, these businesses now face significant trade barriers, including stricter checks and complicated documentation requirements. SMEs are particularly affected, as they often lack the resources to navigate… Read more

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ERC Research Showcase

  On 22nd February 2024 we held an ERC Research Showcase event at Aston University’s Enterprise Hub at John Cadbury House. As usual we had a varied agenda, with the ERC team reporting on a selection of the research projects recently published and currently in progress. We covered a range of themes:   Mark Hart… Read more

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Are employers doing enough to support mental health in the workplace?

Mental health issues have received a high profile in recent months, partly due to the COVID-19 pandemic. Evidence suggests that the crisis provoked by the pandemic has led to an inexorable increase in mental ill-health, and that this in turn has implications for productivity and employee wellbeing. Yet research carried out by the ERC indicates… Read more

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The second lockdown risks an insolvency tsunami

Thousands of businesses across England will remain shuttered today as the new month-long coronavirus lockdown takes effect. Citing new scientific evidence showing an expected surge in cases nationwide over the coming weeks, the Government finally bowed to pressure and abandoned its previous regional tiering strategy last weekend. Critics argue that a sharp ‘circuit breaker’ lockdown… Read more

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Can we afford to return to “busy-ness” as usual?

Lorry drivers on tight schedules. Pet owners demanding more from their vets. Sales and service staff working from home with little access to office support. Archaeologists staying in hotels as a way of life. Hospitality staff working longer than contracted hours to make ends meet. Short-term contracts restricting access to finance. Ex-Army personnel with PTSD… Read more

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Business resilience and the budget

The 2020s are already shaping up to be a decade we won’t forget and we’re barely three months in. Coming on the back of a decade when researchers and policy makers have been focused on the post-financial crisis productivity puzzle, the impact on the global economy from the Covid-19 pandemic brings new challenges and uncertainties…. Read more