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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.
Research by University of Huddersfield Business School has delivered regional and national impact in the field of entrepreneurship and enterprise. It has informed the award-winning delivery of business start-up and growth support programmes across Yorkshire and the Humber, contributing to the regional economy through additional business and job creation. It has helped to shape policy on national entrepreneurship and enterprise education for undergraduates, graduates and postgraduate research students. It has also influenced policy and guidance in the areas of enterprise and entrepreneurship education, entrepreneurship support and social enterprise across the UK through researchers' involvement with national incubation, education and research-based organisations.
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 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.
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
This international research project, based on the work of a consortium of five European countries led by the University of Salford in the area of Enterprise Cultural Heritage (ECH), (the term describing an organisation's history and its creations that have the potential to uniquely innovate and differentiate their products and services), demonstrates the following impact:
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:
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.
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.
UEL's Black Business Observatory (BBO) works with black entrepreneurs, business support providers and government agencies to promote enterprise development among British Africans through coaching, advice and assistance with business planning and start-up support. Since 2008, its interventions have supported the establishment of 15 companies and some 120 new jobs within London. As well as supporting individual entrepreneurs and contributing to the UK economy through its facilitation of entrepreneurship, business start-ups and the creation of new jobs, the BBO has informed UK business policy via its production of evidence-based conceptions of black entrepreneurialism, developed through collaborative engagement with primary stakeholders.