How does new business creation impact on outcomes such as innovation, internationalisation, local competition, growth and productivity? What is a useful way of categorising new businesses and how can policy target different groups?
Background
BEIS is striving to create fairer, inclusive and flexible workplaces so that everyone has the change to succeed, whilst balancing home and work life. We will unlock enterprise and cut burdens to help businesses start and grow, while reforming corporate governance and improving boardroom diversity. To that end, BEIS needs research to better understand the following:
Next steps
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Source
This question was published as part of the set of ARIs in this document:
Topics
Related UKRI funded projects
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Business Creation in the UK
We will construct and analyse a population-wide dataset of firm creation in the UK using Companies House administrative data. We will use this data to understand the economic implications of COVID-19 on geographic region...
Funded by: COVID
Lead research organisation: University of Kent
Why might this be relevant?
The project focuses on business creation in the UK, which is relevant to the question, but it does not address all aspects such as innovation, internationalisation, local competition, growth and productivity.
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New business creation and economic development: a comparative analysis of the role of brokers in linking entrepreneurs to regional innovation systems
It is widely recognised that entrepreneurship contributes to economic growth and new employment opportunities. Since David Birch's work in the late 1970s it has been accepted that the majority of new jobs are generated b...
Funded by: ESRC
Lead research organisation: University of Liverpool
Why might this be relevant?
The project directly addresses the impact of new business creation on economic development, innovation, and growth, and discusses the role of policy in supporting entrepreneurship.
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The effectiveness of public support for high-potential businesses
Under this project, the Innovation Growth Lab (IGL) at Nesta will provide policymakers with robust actionable evidence and insights on how they can support local growth and innovation through support for high-potential f...
Funded by: ESRC
Lead research organisation: NESTA
Why might this be relevant?
The project specifically focuses on the impact of public support for high-potential businesses on outcomes such as growth and innovation, aligning with the question.