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This case study focuses upon enterprise and enterprise education. It describes the impact of intellectual endeavours in this area, mainly surrounding the production of a framework to foster entrepreneurial behaviour, and the emergence of an enterprise support approach that continues to support entrepreneurs.
Impact includes:
This case study relates to the application of entrepreneurship education research to entrepreneurship development practice internationally. The socio-economic impact of the research has been tracked with impact maps and demonstrates impact upon entrepreneurship policy, advisory agency stances and university practice in the UK, continental Europe, other industrially-developed countries and developing countries. In addition to universal entrepreneurship education research and associated impact, the work has had specific impact upon specific facets of entrepreneurship including ethnic minority enterprise, creative industries entrepreneurship and e-entrepreneurship.
The research of the Centre has had a wide range of impacts including economic, commercial and organisational impacts at the level of individual firms, impacts on public policy at the UK level and impacts on practitioners and professional services at the international level. Featured here are examples of each of these types of impact, including an example of impact being made by the whole team on the Nigerian undergraduate entrepreneurship provision and examples of impacts being made at the level of individual firms through the business incubator, on professional practices in a Scottish context through TalentScotland and on UK government policy through work with the Federation of Small Businesses (FSB) by individual team members.
Professor Jay Mitra's research has developed both a novel theory of entrepreneurship and a series of recommendations for effective teaching in entrepreneurship, with specific emphasis on how entrepreneurship education can help emerging economies. His research has informed his consultation work as a specialist in entrepreneurship training for the OECD's Local Economic and Employment Development Programme. Much of this research was conducted as part of a UK Government-sponsored Education Partnership in Africa programme, which established Mitra's links with education authorities and universities in Africa. The entrepreneurship education framework developed in the research has since been implemented nationwide in Nigeria as a result of these links.
Research into entrepreneurship and business start-up at Manchester Metropolitan University has created know-how to support new entrepreneurs and to guide established businesses through renewal and change. With an emphasis on "knowledge in action", MMU's entrepreneurship research has provided a cornerstone for start-up, growth and leadership programmes offered by the university's Centre for Enterprise (CfE), and seen by owner-managers themselves as positively impacting directly on their businesses. Utilising research-based knowledge, CfE has worked with 150 start-ups and 1,500 small firms and social enterprises in the North West of England, fostering job creation, access to funding, and business growth.
Research at the University of Nottingham has augmented the aspirations and entrepreneurial capabilities of academic researchers through participation in the Biotechnology Young Entrepreneurs Scheme (YES) business plan competition.
The content and pedagogy of the competition are built upon research pioneered by the University of Nottingham Institute for Enterprise and Innovation (UNIEI), delivered together with research councils and industry. Since 2008, more than 2,000 researchers have participated in the scheme and an independent evaluation demonstrated that it has enhanced their entrepreneurial skills, augmented their career aspirations and increased their engagement in the process of commercialising academic research.
Research by Professor Richard Thorpe from 2003 to 2010 at Leeds University Business School (LUBS) on management learning and leadership in small and medium-sized enterprises (SMEs) has impacted three groups: (i) business education providers (universities, colleges and training organisations), who have used the research to improve the training and education they provide for SMEs; (ii) SME owner-mangers, who have been exposed to the research when attending business programmes, which has enabled them to build on their entrepreneurial behaviour and improve their strategic planning; (iii) government, regional and sector policymakers, who have used the research in policies designed to generate growth in SMEs.
The Global Entrepreneurship and Development Index (GEDI) developed by Professor Autio and colleagues has been designed to address the shortcoming that policy makers lack robust measures for effective guidance for national entrepreneurship policy analysis, design and implementation. GEDI profiles National Systems of Entrepreneurship. The main impact has been as follows:
The ultimate beneficiaries of more effective policies are the businesses, taxpayers, and populations of these countries.
Since its inception in 2005, Bangor Business School's Centre for Business Research (CBR) has developed a research agenda focusing on the North West Wales (NWW) EU convergence region, which is dominated by Small-to-Medium sized Enterprises (SMEs) with a distinctively bilingual (Welsh/English) flavour operating in a rural setting. This research has had a significant impact on both local and regional economies by changing the strategies for innovation and growth of individual SME's. The achieved impact came in the form of tangible growth (5% in one instance), successful bidding & grant acquisition (£400K in one case), improved marketing and customer-management, and enhanced knowledge transfer partnerships, which are reflected in greater employment opportunities as evidenced from the supportive statements of the main users of this research
Research at Aston University has influenced and shaped business support policy in the UK and changed the strategic direction of small businesses in the Midlands region, which has led to increased growth and profitability. A specific impact of the research nationally has been to inform the Coalition Government's business support policy and form part of the underlying rationale for the new Growth Accelerator business support programme in England. At regional level the research has changed strategic thinking, specifically in the Greater Birmingham and Solihull region through its Local Enterprise Partnership, the Leeds City Region, and the Greater London Authority, influencing business support strategy and practice in those areas. On the ground, Aston's research has had a direct impact on the growth, job creation and profitability of small businesses in the Midlands.