The Mittelstand v Silicon Valley: Which model of entrepreneurship is most relevant for post-Brexit Britain?
Growth in the UK is slowing down as business investment declines amid Brexit uncertainty. Jobs growth too seems to be slowing particularly in scaling firms. As always, however, the UK’s entrepreneurial small-and-medium firms (SMEs) will play a key role in restoring future growth. But how should we ‘do’ entrepreneurship in the future? A recent research… Read more
Openness and Innovation Performance: Are Small Firms Different? Research Paper No 12.
Published: 1 November 2013
Traditionally, literature on open innovation ( the number of links a firm has to customers, suppliers and other firms) has concentrated on analysis of larger firms. This paper explores if and how the benefits of openness in innovation are different for small firms compared to medium and large ones. It suggests that small firms can benefit disproportionately from adopting open innovation approaches but that they reach the benefits of this approach at lower levels than medium and larger firms making the choice of innovation partner critical.
UK Shared Prosperity Fund an opportunity to rebalance growth
Future business support funding after Brexit should help to rebalance growth across the UK, targeting more deprived areas across the country, where firms have significantly lower turnover. Sharing Prosperity, a new report from the Federation of Small Businesses (FSB) and the Enterprise Research Centre, says it is critical that funding levels are not cut when… Read more
Financial Times special report on the UK’s entrepreneurs
ERC data features in today’s Financial Times special report on the UK’s entrepreneurs: Belfast stands out for start-up productivity. While Belfast still struggles to foster companies that survive for at least three years, this year’s data from the Enterprise Research Centre show that Northern Ireland performs above the UK average in other key metrics… Read more
