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.
Rethinking the Everyday Economy: Why Improving “Average” Firms Matters Most
In 2018, Rachel Reeves described the “everyday economy” as the ‘services, production, consumption and social goods that sustain all our daily lives’ (Reeves 2018). The term ‘everyday economy’ resurfaced in the new small business strategy published by the government last year (HMSO 2025). One chapter of the strategy focused specifically on SMEs as the ‘crucial… Read more
How does digitalisation support firms’ strategies for climate change mitigation and adaptation
This working paper co- authored by ERC Director Stephen Roper and Anastasia Ri, Assistant Professor of Research at the ERC published by the Productivity Institute investigates how firms navigate the dual challenges of digitalisation and climate change. The comprehensive approach considers climate change strategies, distinguishing adaptation-only, mitigation -only and ‘dual’ adaptation and mitigation strategies. Drawing… Read more
Adoption, implementation, alignment – maximising the performance benefits of digital investment
Summary of TPI Firms Research Programme 2023-2026 This report co-authored by ERC Director Stephen Roper synthesises five research projects supported by The Productivity Institute (2023–2026) examining how digitalisation influences firms’ productivity, business model innovation, climate strategies, and investment decision-making. Drawing on UK wide surveys, international firm-level datasets, and in-depth qualitative studies, the evidence shows that… Read more
Exploring Enterprise – Micro-Businesses: The Untold Story
Today we relaunch the ERC’s podcast series Exploring enterprise in collaboration with Business111.com . In this episode Professor Mark Hart of the Enterprise Research Centre speaks with Liz Barclay to explain why micro-businesses are far more important to the UK economy than policymakers recognise. Drawing on decades of research, he reveals how these smallest firms… Read more
LSBS Small Grant Awards Announced
The Enterprise Research Centre (ERC), in collaboration with the Department for Business and Trade (DBT), has announced the successful recipients of the LSBS Small Grant Funding call. Funded by DBT (£25,000 in total), five projects have been selected following a competitive process to undertake secondary analysis of the Longitudinal Small Business Survey (LSBS). The successful projects… Read more
GEM 2025/2026 Global Report
New GEM 2025/2026 Global Report Finds Record Startup Activity — But Warns of Growing AI and Survival Gaps The newly released GEM 2025/2026 Global Report, launched at Tecnológico de Monterrey in collaboration with GEM Mexico and the Instituto de Emprendimiento Eugenio Garza Lagüera, finds that entrepreneurial activity remains strong across the globe — but structural weaknesses threaten long-term sustainability. Drawing… Read more
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