Open innovation provides significant advantages for individual firms and may generate wider social benefits. Positive externalities related to knowledge sharing may result from openness itself, and enhanced levels of innovation may lead to otherwise unachieved innovation spillovers. A number of studies have suggested, however, that average levels of OI activity remain well below the level… Read more
The current Brexit debate is important and the structure of the UK’s trading and migration arrangements with our international neighbours will influence our future prosperity. However, other more fundamental long term issues remain important for the UK around productivity. UK productivity lags significantly behind that of our main international competitors and Wales is at the… Read more
Innovation is always risky. New technologies may not perform, or may take longer to develop than first anticipated. Customers may react negatively to new products or services and innovation may provoke a strong competitive response from competitors. Will uncertainty linked to the post-Brexit settlement increase or depress firms’ appetite for taking these innovation risks? It… Read more
ERC Deputy Director, Professor Mark Hart undertook research for the Financial Times Special report “High Growth Companies create jobs and wealth. How can we create more of them?” published 4th October. Data produced by the ERC for the annual UK Growth Dashboard, to be published next month, formed the basis for the chart used in the report. … Read more
Stephen Roper was invited as an ISBE trustee to join the taskforce behind the latest Chartered ABS report on how business schools deliver value to local and regional economies. Professor Roper comments, “The CABS report highlights the valuable contribution business schools make to supporting entrepreneurship and small businesses across the UK. It is good to see… Read more
The consequences of the referendum on membership of the EU will affect the UK economy, demographics, political system and society as a whole for years to come. Experts give their views on what they think will happen next, and how the UK might look in future. ERC Director Mark Hart contributed to a special feature of… Read more
The impact of migration on the UK jobs market was a major theme of the Brexit debate. The effects of migration, despite their oversimplification in that debate, are, complex. Migrants may have taken jobs that would otherwise have gone to long-term UK residents and as a consequence helped create a climate of distrust in many… Read more
ERC’s research on High Growth Firms cited in Enterprise blog by James Tout of sector specialist Communications and Media company, Journalista. “Several recent studies, including groundbreaking research by our client the Enterprise Research Centre (ERC), have shown big regional disparities in the numbers of high-growth firms, sometimes called ‘gazelle firms’, which create a disproportionately high number… Read more
Ten applications were received in response to this call. An evaluation committee of Stephen Roper, ERC/ WBS , Ian Drummond, BIS and James Phipps, BIS considered the proposals using the agreed protocol (60 per cent for programme quality, 20 per cent for project team and cost) and agreed that five proposals should be funded as… Read more
ERC has been working with the UK Commission on Employment and Skills (UKCES) to assess the impact of human resources and human resource practices on SME growth and innovation. In ‘Innovation and HR practices in five professional service sectors’ we examine the impact of HR practices on firms’ innovation activity and productivity growth based on new… Read more
