News from the ERC. 
View this email in your browser

Latest Research released by ERC

Analysis by the Enterprise Research Centre (ERC), the UK’s leading independent institute for research into small and medium size businesses, shows that the number of ‘high-growth firms’ (HGFs) across the UK has risen to 11,855.
High-Growth Firms (HGFs) are a very small proportion of the UK business population yet they have a disproportionate impact on job creation. We present data at local economic area level over time to show that there is a very distinct geography emerging for the incidence rate of HGFs since the recession.Number of high growth firms – seen as indicator of economic health – reaches nearly 12,000, highest level since the dotcom boom.
The number of companies achieving high growth in the nations and regions of the UK is rising more than twice as fast as in London, new research suggests.
Download the ERC Insight paper here
Read the Press Coverage here

New Research Fellows join ERC

We are delighted to announce that we have two Research Fellows joining the Enterprise Research Centre for the Phase 2 projects. ERC, Aston Business School, welcomes Enrico Vanino and at ERC,Warwick Business School, Areti Gkypali joins the ERC team.

ERC goes International

Stephen Roper was recently part of a team working with OECD to advise the government of Abu Dhabi on the development of the entrepreneurial eco-system. The final report from the project has just been published by OECD.Stephen’s involvement in the project focussed on boosting innovative entrepreneurship and SME innovation and stressed the importance of non-technological innovation and a strong commercialisation pipeline.
Read the full report here

Upcoming Events

  ERC Phase 2 Seminar Series 1

March 15th 2016
Room 2.006 Warwick Business School,
Warwick University 
11.00 – Arrival teas and coffees
11.30 – Building the Foundations for sustainable growth in SMEs through people management by Oksana Koryak, University of Warwick
12.00 – Driving fast growth in start-ups over the economic cycle: 1998-2015 by Karen Bonner and Mark Hart, Aston University
13.00 – Close
If you are interested in attending this Seminar, please contact:

Jiao Liu

  “Access to Finance for Emerging Market Enterprises (SMEs)”
March 22nd 2016
( University House ) University of Birmingham , Edgbaston Park Road, B15 2TY , UK.
Business School Birmingham 
For further details of this event please download the agenda and registration details here 

 Alternative Finance Workshop
“Entrepreneurial Finance Day”
March 23rd 2016 
Hertfordshire Business School, Hatfield


Building further the Community of Interest in Alternative Finance in collaboration with ISBE, this event funded by the ERC will gather together both academics and practitioners, whose interest lies in the area of entrepreneurial finance, and in particular – alternative sources.

For further details 
email here 

To register please click

Event News

Seminar on Transnational Learnings:
The Accelerator’s Effect on the Startup Ecosystem
On Thursday Jan 28th 2016 various academics, policy makers, practitioners and accelerator managers from around the world came together at Imperial College London to discuss the Accelerator’s effect on the Start-up ecosystem. They attempted to make headway on this question by exploring the variety of accelerators and the treatment effect of a programme in regional entrepreneurial ecosystems. Based on empirical data (quantitative and qualitative), audience input and the panel discussion, some of the most interesting findings were that
  • Business accelerators are an increasingly important institutional form in the entrepreneurial ecosystem with clear evidence of positive regional spill-overs i.e. accelerators do not appear to crowd out private sector.
  • The explosion of various types of accelerators needs to be perceived as experiments in finding the right way to accelerate new ventures.
  • Impact and success metrics of accelerators are hard to define as there is still a lot of uncertainty over the strategic objectives and business models of such programmes
  • Each accelerator manager need to bear in mind the responsibility of accelerators towards entrepreneurs

Growth Equals Success?
ERC has supported the establishment of a number of ‘communities of interest’ including one led by the Centre for Enterprise at Manchester Metropolitan University (MMU) focused on Business Growth.

On February 24th, ERC Research Fellow, Dr. Oksana Koryak attended a Small Business Policy Forum “Growth equals success?” held by MMU at the House of Commons.
The Shadow Minister for Business Innovation and Skills gave a keynote address and there were contributions from businesses and from the Federation of Small Businesses.
The research team from MMU shared highlights from recent research with business leaders in the North West of England. The research shed light on alternative modes of growth for example firms using flexible forms of organization and temporary alliances to undertake large projects. The research also highlighted the multi-faceted nature of business owners’ growth aspirations that go beyond just financial sustainability and focus on job creation in local communities, developing reputation for outstanding quality and customer experience etc.
Overall, the presented evidence reinforced the idea that there are many ways of generating new economic activity that do not necessarily fit the conventional high growth firm model. 


Our Website
Our Publications 
Our Videos
Contact ERC
Latest Publications
Research Paper No 38
Firms’ innovation objectives and knowledge acquisition strategies: a comparative analysis

External partnerships play an important role in firms’ acquisition of the knowledge inputs to innovation. We conduct a comparative analysis for the economies of Spain and the UK, which have contrasting innovation eco-systems and regulation burdens. Four empirical results emerge. 
Download the full paper here

Research Paper No 39 
The marketization of higher education: A causal analysis of innovation in UK universities

Here, we consider the drivers of programme innovation – the introduction of new programmes – and the withdrawal of existing programmes in UK universities. Using panel data for all UK universities provided by UCAS we identify significant resource, internationalisation and business engagement effects.The results have both strategic and systemic implications.
Download the full paper here
Copyright © 2016 Enterprise Research Centre, All rights reserved.

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list