24 April 2013
Six White Papers produced by the new Enterprise Research Centre (ERC) emphasise the importance of small businesses to future UK growth and review the related evidence-base.
The independent Enterprise Research Centre led by Aston Business School and Warwick Business School has been established with a mixture of public and private funding to strengthen the evidence base on small business growth. Better evidence will help both public and private sector organisations to boost small business growth. Other university research partners involved in the ERC consortium are Imperial College, Strathclyde, Birmingham and De Montfort.
The six new White Papers published today (April 24th, 2013) cover a diverse range of themes on small business growth:
· Entrepreneurial ambition and growth
· Small business leadership, management capabilities and growth
· Growth in small firms led by women and minority communities
· Innovation and exporting and growth
· Business finance and growth
· Small firms and job creation in the UK
Future ERC research – working with partners in the UK and elsewhere – will develop stronger measures to support high-growth and productivity in UK small firms.
Deputy Director of the ERC, Mark Hart, commented; “In a period of continued sluggish growth in the UK economy the role of small firms in creating jobs and boosting growth is of central concern. The first publications from the Enterprise Research Centre provide government and other private sector stakeholders with key insights into how they can further assist small business owners to realise their growth ambitions. Evidence from the ERC shows that a significant number of younger small businesses have been able to make a real contribution to job creation in recent years despite very difficult trading conditions."
The ERC White Papers are available at http://enterpriseresearch.ac.uk/
About the Enterprise Research Centre
The Enterprise Research Centre is a partnership between Warwick Business School, Aston Business School, Imperial College Business School, Strathclyde Business School, Birmingham Business School and De Montfort University. ERC is funded by the Economic and Social Research Council (ESRC); the Department for Business, Innovation & Skills (BIS); the Technology Strategy Board; and, through the British Bankers Association (BBA), by the Royal Bank of Scotland PLC; HSBC Bank PLC; Barclays Bank PLC and Lloyds TSB Bank PLC. The support of the funders is acknowledged. The views expressed are those of the authors and do not necessarily represent the views of the funders.