Enterprise Research Centre would like to wish you a well deserved Summer break
The next Issue of the ERC Newsletter will be in September.
Newly Launched Diversity and Inclusion Business Council
The new national Diversity and Inclusion Business Council, which launched July 14th, brings together entrepreneurs, academics and the banking sector to promote access to finance for ethnic minority and women-owned businesses.
Read co-Chairs Professor Monder Ram and Professor Sara Carter’s blog on how the council will help these entrepreneurs drive our economy and their communities forward
Google’s setting up of a European venture capital fund is good news for the continent’s high-tech start-ups, now we just need to grow them into giants like Facebook, writes Director of ERC Professor Stephen Roper. -
Click Here to read more
ERC evidence underpins Smart Specialisation
ERC analysis of UK clusters is one of the key items of evidence in a recent government policy paper on ‘Smart Specialisation in England’ (www.gov.uk/government/publications/smart-specialisation-in-england). Smart specialisation is guiding EU spatial strategy and emphasises the need for local development strategies to be built on local strengths in industry, education and other public services. Clusters of businesses in particular industries or across industries can provide the basis for effective local development strategies. Read the ERC Clusters Paper
‘Localisation of industrial activity across England’s LEPs, ERC Research Paper No. 15
ERC evidence on Export Development
ERC responded to a Call for Evidence from the Scottish Parliament Economy Energy and Tourism Committee on policy support for export development.
ERC research emphasises the potential of some non-exporting firms to become exporters and a relatively large proportion of intermittent exporters to become regular exporters. Appropriate policy support can play an important role in helping firms to make these transitions.
Innovation is one of the key indicators of firms with export potential.
Click here for the ERC submission and other evidence provided to the Committee
On 24th June Michael Anyadike-Danes presented a paper at a round table at : The National Institute of Economic and Social Research in London. The meeting was organised as part of the ESRC Secondary Data Analysis Initiative to foster dialogue between policymakers and researchers. Michael talked about the implications for policy of his paper on Local Enterprise Partnerships (co-authored by Mark Hart). There was a lively discussion of the paper (the audience included civil servants involved in policy and statistics, as well as academics) and in the subsequent session which focused on a topic of particular ERC interest: "the use of firm-level data and its role in answering policy relevant questions".
On 1st July,Johnathon Levie held a seminar at the UKBAA Investment Summit on behalf of the Enterprise Research Centre for investors on identifying ventures with growth potential.
Rather than take the safe, traditional “chalk ’n talk” route, he decided to ask the investors to share their top three criteria for investing with each other in groups of 6 or 7, then summarise their group findings in a plenary session, and only then to provide a response based on research findings. Almost all the 19 participants were active investors, mainly based in the UK and mainly angels.