Supporting business growth

Supporting business growth
Document type
Briefing
Corporate author(s)
Economic & Social Research Council
Publisher
ESRC
Date of publication
1 December 2013
Series
Evidence Briefings
Subject(s)
Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship, Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

This item is only available to registered users

Register now or Log in

Your use of this content is subject to the terms and conditions of this portal

Fast-growing small and medium-sized enterprises (SMEs) can help economies to recover from recession, by creating new jobs and introducing innovations. Previous research from a range of countries suggests that around four to six per cent of fast-growing firms produce around half to three-quarters of all new jobs. Government can play a crucial role in supporting these firms, by providing business information, supporting networks and skills development, and ensuring access to business finance. However, creating effective support policies to ensure sustained growth is challenging, and evaluation evidence from existing policy programmes remains limited.

The ESRC-led Enterprise Research Centre’s White Paper Supporting sustained growth among SMEs - policy models and guidelines has reviewed international support measures for fast and sustained SME growth. The research covered a broad spectrum of measures, ranging from systemic measures (to correct market failures) and holistic approaches (combining business and leadership development), through to thematic approaches (specifically targeting areas such as financial support, technology adaptation or management development). The review suggests that there is a need for partnerships and a regional focus, and highlights the value of holistic support measures for sustained growth.

Related to Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship

Motivations to scale: how European entrepreneurs think about growth and finance

Downloadable report aiming to explain why few startups scale

BEIS small and medium enterprises sme action plan

Downloadable report on the SME Action Plan

Business support evaluation framework

Downloadable report on the BEIS Business Support Evaluation framework

Law Commission report on consumer prepayments on retailer insolvency: government response

Downloadable report on consumer prepayments on retailer insolvency

More items related to this subject

Related to ESRC

Cost-effective business advice schemes

This evidence briefing is based on a report produced by the What Works Centre for Local Economic Growth (WWG).The report presents a systematic review of business information, advice, and mentoring

Boosting UK productivity with SME growth

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

Monitoring infrastructure performance

This infrastructure evidence briefing is based on a recent report prepared jointly by the iBUILD Infrastructure Research Centre and the International Centre for Infrastructure Futures.The report

Better business models for infrastructure

This infrastructure evidence briefing is based on research by the iBUILD Infrastructure Research Centre.The UK’s infrastructure is amongst the most interconnected in the world and has a pressing

More items related to this publisher