Boosting UK productivity with SME growth

Boosting UK productivity with SME growth
Document type
Briefing
Corporate author(s)
Economic and Social Research Council
Publisher
ESRC
Date of publication
1 May 2016
Series
Evidence Briefings
Subject(s)
Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship, Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Reports

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This evidence briefing is based on a report published jointly by the Enterprise Research Centre (ERC), Goldman Sachs 10,000 Small Businesses, and the British Business Bank.

The report shows that SMEs are a key underused resource for increasing productivity. With the UK lagging behind many G8 competitors in the share of high-growth SMEs explored the structural barriers limiting SME growth.

Innovation and international expansion (internationalisation) were identified as key factors to stimulate growth.

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