The time has come to sharpen the focus on productivity

Raising productivity is often cited as one of the UK’s most important economic challenges. On the surface of it, improving productivity sounds like a pretty straightforward idea to grasp. It’s about economies, workplaces and people being more efficient, increasing the volume of goods created in relation to the inputs used to produce them. But in… Read more

September 2019 Press Coverage

Express and Star (West Midlands) Number of business start-ups in the region slump Northern Echo Brexit uncertainty to blame for slowdown in new firm creation Financial Times Start-ups are scaling up despite Brexit jitters Business Matters Start-ups slump as entrepreneurs wait for Brexit certainty Financial Times Brexit blamed for sharp fall in number of new… Read more

Business, Growth and Productivity workshop

On September 23rd ERC headed to Glasgow to run a workshop on all things small business, growth and productivity. The day was coordinated by Scottish Enterprise and brought in key agencies and partners in Scotland with a stake in the performance of the small business community and those who support it directly through policy delivery,… Read more

What’s happening to finance in an uncertain world?

This week saw the launch of the latest results of the SME Finance Monitor, produced by BVA BDRC . In the first half of this year, it seems that financing behaviours have been shifting across the SME sector. This movement comes after a long period of relative stability. The survey responses add further colour to… Read more

Start-ups slump as entrepreneurs brace for Brexit

Number of new firms being started falls by 13% across the UK – with much sharper declines in many parts of England, Scotland and Northern Ireland Firms achieving sustained rapid growth and productivity gains remain a small minority ‘Warning signs’ highlight dangers for job creation from ongoing uncertainty around Brexit The number of new start-ups… Read more

UK Local Growth Dashboard 2019 – Start-ups slump as entrepreneurs brace for Brexit

● Number of new firms being started falls by 13% across the UK – with much sharper declines in many parts of England, Scotland and Northern Ireland ● Firms achieving sustained rapid growth and productivity gains remain a small minority ● ‘Warning signs’ highlight dangers for job creation from ongoing uncertainty around Brexit The number of new… Read more

GEM UK 2018 Press Coverage

BQ  Live  31/07/2019 Gig economy “a springboard for entrepreneurs” 100 Stories Blog 01/08/2019 4 things we learned about entrepreneurs from the 2018 GEM report    

Gig economy “a springboard for entrepreneurs”

• Gig workers in the UK are twice as likely as the wider population to be in the early stages of setting up a business, largest global study of entrepreneurs finds • Sharp fall in entrepreneurship among BAME Britons and immigrants • Rise of crowdfunding and peer-to-peer lending sees people increasingly willing to invest in “strangers with… Read more

Small firms and formal intellectual property protection: A paradox?

We know that firms use knowledge protection mechanisms to limit imitation and enhance their ability to appropriate the returns to their innovative investments. Recent research at the ERC suggests that both formal (e.g. patents) and informal (e.g. secrecy) knowledge protection mechanisms are important for the innovation returns of small firms (those with fewer than 50… Read more

ERC Conference 2019 – Strengthening Sectors

On the 27th June the ERC welcomed over 100 delegates to The Shard for the 6th State of Small Business Britain Conference, which this year focused on the topical theme of ‘Strengthening Sectors’. The conference, which was chaired this year by Professor Nola Hewitt-Dundas of Queens University Belfast, covered a wide range of issues relating… Read more