March  News from ERC
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Welcme to the ERC Newsletter for March 2017.
In this month's issue:

Publications this month
The relationship between middle market firms’ access to finance and internationalization intentions. 
Research Paper No 54

This article examines the relationship between middle market firms’ access to finance and their exporting intentions. We hypothesise that this relationship is positive but moderated by a firm’s age. We test our hypotheses using a novel dataset of middle market firms across four large EU economies. Our analysis demonstrates that the relationship between middle market firms’ access to finance and their exporting intentions is different for younger and older firms. When younger firms have ready access to finance they are less likely to enter new geographic markets, while when older firms have ready access to finance they are actually more likely to enter new geographic markets.
Click here for the full paper and Policy Briefing

Does learning from prior collaboration help firms to overcome the “two worlds” paradox in university-business collaboration?
Research Paper No 55

There is now substantial evidence on the positive contribution universities can make to helping firms’ innovation. Building university-business collaborations, however, confronts the ‘two-worlds’ paradox, and the difference in institutional logics and priorities between businesses and universities. Here, we consider whether firms’ experience from prior collaboration can generate learning which can help to overcome the two-world’s paradox and improve their ability to generate new-to-the-market innovations in collaboration with universities. 
Click here for the full paper and Policy Briefing

Assessing the characteristics, determinants and spatial variations of internationalised new ventures in the UK.
Research Paper No 56  

This study focuses on internationalised new ventures, here defined as firms that have been trading for 5 years or fewer and which have already engaged in selling their goods and/or services abroad. The report presents analysis of data from the Longitudinal Small Business Survey.
Click here for the full paper and Policy Briefing

Accessibility, utility and learning effects in university-business collaboration.
Research Paper No 57

UK government reports have emphasised the potential role of universities in driving localised economic development. There may be a utility-accessibility trade-off, however, between the accessibility of local university knowledge and its ‘fit’ with the specific needs of local firms. Here, using data from UK Innovation Surveys (UKIS) covering the period 2004 to 2012, we examine this trade-off and how it differs for firms of different sizes. 
Click here for the full paper and Policy Briefing

Out and About with ERC

Professor Mark Hart attended a private dinner with the Minister for Employment Damian Hinds MP and Matthew Taylor (Chief Executive of the RSA on Monday 27th February in London to discuss the topic of “Supporting self-employed people”.  The discussion was part of the Taylor Review which is an independent review for the Prime Minister into how employment practices need to change in order to keep pace with modern business models. 
Read More Here

ERC has been invited to contribute to two workshops focussed on universities and regional development in Izmir, Turkey (March) and Beer Sheva, Israel (April). The workshop in Turkey is intended to foster international research co-operation and the ERC contribution will focus on ‘Accessibility, utility and learning effects in university-business collaboration’. The workshop in Israel will involve researchers from  Brazil, China, the US and other European economies and is focussed on the role of university-based innovation centres.

Professor Mark Hart presented to a group of stakeholders in the Tees Valley on the subject of ‘Scaling Business Growth’.  The event was hosted by Professor Jane Turner (PVC for Enterprise & Business Engagement) of the University of Teesside.  Mark shared his thoughts on the Scale-up agenda and discussed a series of actions designed to build a growth pipeline of businesses.  
ERC will be working with Jane’s team at the University of Teesside in the next few months to capture good practice to form a case study of successful local university-business engagement and impact.

Business Networking Event.
16th March.
17.30 – 19.30
Conference Aston, Aston Business School.

The UK is facing onto more economic change than we have experienced in at least a generation. For some people that presents a liberating and exciting challenge. For others it offers real risk, uncertainty and a threat to the very fabric of their business. Either way, opportunities to think creatively with peers operating in different sectors but with common and diverse challenges and ambitions to grow have never been so important. 

The ERC is holding an informal business networking event where you can hear from and share your issues with other growth businesses.

We have a limited number of places available for this event. For availability and further info, please email 

The 4th Annual 
 "State of Small Business Britain Conference 2017 "
 Thursday 7th September 2017
WBS,The Shard, London

Further details and registration will be available on the ERC website.
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Upcoming Events 

UKIS User Group
20th March  2017,  
BIS Conference Centre 

The 2017 UKIS User Group event will take place on 20th March, at the BIS conference centre. 
For further details and to register for this event , please click here.
Deadline for registration 13th March 2017.

ERC Monthly Seminar Series
21st March 2017

The next ERC Monthly Seminar will take place at Warwick Business School on Tuesday March 21st.
See the Seminar Programme here 
Please click here to register for this event.


Project News

Design Council Project.
ERC and the Design council are working on a collaborative project.This work undertaken by Mark Hart, Karen Bonner and Laura Heery, Enterprise Research Centre, Aston Business School and Stephen Miller (The Design Council) will support the overall research and policy work of the Design Council and provide new evidence to inform the government’s new Industrial Strategy.
ERC and Brexit
The challenges of Brexit will be with us for some years to come. ESRC is supporting a small project designed to help ERC support related policy development. This will involve a series of consultations with policy leaders and smaller businesses.
LEP Network Pilot Project 
ERC has started work on a ‘pilot’ project with LEPs including North East LEP,Thames Valley, Berkshire, Cumbria, Greater Lincolnshire, Liverpool City Region and Leeds City Region.The project aims to demonstrate the value of a central resource to provide the LEP Network and individual LEPs with better enterprise data access and evaluation support.

ERC – Midlands Innovation Researcher Workshop

ERC held a joint workshop with Midlands Innovation for researchers with an interest in innovation systems and local policy. The 25 attendees represented all Midlands universities. Presentations covered some recent survey work on business innovation in Coventry (Stephen Roper, ERC), the work of Midlands Innovation (Sue Clayton, Nottingham), City-ERDI (Simon Collinson, Birmingham and the recent Midlands Engine SIA (Pam Waddell, Science City).

View the presentations here

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