Why do Policymakers Need a Panel Study of Entrepreneurial Dynamics (PSED) in the West Midlands?
Dr Meng Song, Aston University and Professor Mark Hart, Deputy Director of the ERC and Professor of Small Business and Entrepreneurship at Aston Business School. authored a blog discussing the need to examine the demographic characteristics and motivation of entrepreneurs to increase the understanding of people who create new businesses and to track them throughout their start-up journey to improve support for them.
This blog highlights the work of a new project “Lifting the Lid on Enterprise Diversity & Growth in the West Midlands“, run in partnership with the Enterprise Research Centre, the Centre for Research in Ethnic Minority Entrepreneurship, Aston University and the West Midlands Regional Economic Development Institute which will collect and analyse panel data on business creation of ethnic minorities in the West Midlands to add to the Global Entrepreneurship Monitor (GEM) dataset. This will generate data to support evidence-based policymaking on minority enterprise and inclusive.