The ESRC Centre for Business Research The ESRC Centre for Business Research The University of Cambridge
Home > research > enterprise and innovation > projects > project 4


Programmes
Enterprise and Innovation Programme

Programme Director: Andy Cosh


Project: Small and Medium Sized Enterprise Performance and Policy

Project leaders: Alan Hughes and Andy Cosh
Other Principal Investigators and Associates: Anna Bullock, Bob Bennett, Xiaolan Fu, Jaeho Lee, Vadim Grinevich, Ana Siqueira, Douglas Cumming (York University, Ontario), Isobel Milner, Fabrizio Trau (Italian Confederation of Industry)
Funding: ESRC; AIST, Japan; various other shorter term funds and contract research grants
Project dates: Ongoing


Overview   |    Output

Working Papers

Hughes, A. (1998), 'Growth constraints on small business', Centre for Business Research Working Paper No. 107.

Hughes, A. (2000), 'On enlarging employment by promoting small enterprises', Centre for Business Research Working Paper No.180.

Hughes, A. (2007), 'Innovation Policy as cargo cult: Myth and Reality in knowledge-led Productivity Growth", Centre for Business Research Working Paper No. 348.

Hughes, A. and Dessyllas, P. (2005), 'R&D and Patenting Activity and the Propensity to Acquire in High Technology Industries', March 2005: Centre for Business Research Working Paper No. 298.

Hughes, A. and Dessyllas, P. (2005), 'The revealed preferences of high technology acquirers: an analysis of the characteristics of their targets', June 2005: Centre for Business Research Working Paper No. 306.

Hughes, A. and Lee, J. (2006), 'What's in a name and when does it matter? The hot and cold markeet impacts on underpricing of certification, reputation and conflicts of interest in venture capital backed Korean IPOs', Centre for Business Research Working Paper 336.

Hughes, A., Cosh, A and Cumming, D (2005), 'Outside Entrepreneurial Capital', March 2005: Centre for Business Research Working Paper No. 301.

Hughes, A., Cosh, A., and Fu, X. (2005), 'Management characteristics, collaboration and innovative efficiency: evidence from UK survey data', September 2005: Centre for Business Research Working Paper No. 311.

Hughes, A., Druilhe, C., and Grinevich,V.(2004), The Incubation and Spin-Off System for High Technology firms in the Cambridge Sub-Region Interim Report to AIST Japan Centre for Business Research University of Cambridge, Mimeo.

Isachenkova, N. and Hunter, J. (2002), 'A Panel Analysis of UK Company Failure', Centre for Business Research Working Paper No. 228 .

Karamanos, A. (2002), ' Network Embeddedness and the Value of Complex Resources', Centre for Business Research Working Paper No. 227.

Karamanos, A. (2002), 'Market Networks and the Value in knowledge Exchanges: Evidence from Biotechnology Strategic Alliances', Centre for Business Research Working Paper No. 240.

Keeble, D. (2001), 'University and Technology: Science and Technology Parks in the Cambridge Region', Centre for Business Research Working Paper No. 218.

Kitson, M., Michie, J., Quinn, M. (2001), 'Markets, Competition, Cooperation and Innovation', Centre for Business Research Working Paper No. 212.

Lane, C., Quack, S. (2001), 'How Banks Construct and Manage Risk: A Sociological Study of Small Firm Lending in Britain and Germany', Centre for Business Research Working Paper No. 217.

Martin, R., Sunley, P. (2002), 'Deconstructing Clusters: Chaotic Concept or Policy Panacea', Centre for Business Research Working Paper No. 244.

Quince, T. A. and Whittaker, D. H. (2002), 'Close Encounters: Evidence of the Benefits of Proximity to Local Industrial Clusters', ESRC Centre for Business Research Working Paper No. 235.

Quince, T. A. and Whittaker, D. H. (2002), 'High Tech Businesses in the UK: Performance and Niche Markets', Centre for Business Research Working Paper No. 234.


Books

Cosh, A.D. and Hughes, A. (eds) (2000), ) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999. ESRC Centre for Business Research University of Cambridge, Cambridge.

Cosh, A.D. and Hughes, A. (eds) (2002), Enterprise Challenged: Policy and Performance in the British SME sector 1999-2002, ESRC Centre for Business Research University of Cambridge, Cambridge.

Cosh, A.D. and Hughes, A. (eds) (2007), British Enterprise: thriving or surviving? SME growth, innovation and public policy 2001-2004, ESRC Centre for Business Research, University of Cambridge, Cambridge.

Cosh, A.D., Hughes, A., Bullock, A. and Milner, I. (2008), Financing UK Small and Medium-sized Enterprises: The 2007 Survey, Centre for Business Research, University of Cambridge.

Trau, F. (2004), Structural Macroeconomic change and the size of manufacturing firms, London, Palgrave Macmillan.


Chapters

Bennett, R. (2007), "Government Local and Regional Support for SMEs and Business Link" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Bennett, R. (2007), "What SMEs want from Government: Policy Changes" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Bullock, A. and Milner, I. (2007), "Survey Design, Response Bias and Sample Characteristics in the 2004 CBR SME survey" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Bullock, A., Cosh A.D., and Hughes, A. (2000), 'Survival, Age, Size and Growth' in Cosh, A.D. and Hughes, A. (eds) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999.ESRC Centre for Business Research University of Cambridge, Cambridge.

Bullock, A., Cosh, A. and Hughes, A. (2007), "Finance for SMEs" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A. and Hughes, A (2003), 'Profitability, finance and acquisition activity', in A. Cosh and A. Hughes (eds.) Enterprise Challenged: Policy and performance in the British SME sector 1999-2002 (Cambridge: ESRC Centre for Business Research, University of Cambridge).

Cosh, A. and Hughes, A (2003), 'Size, Age, Growth, Business Constraints and Management Characteristics', in Cosh, A. and Hughes, A. (eds.) Enterprise Challenged: Policy and Performance in the British SME Sector 1999-2002 (Cambridge: ESRC Centre for Business Research, University of Cambridge).

Cosh, A. and Hughes, A (2003), 'The British SME Sector 1991-2002', in A. Cosh and A. Hughes (eds.) Enterprise Challenged: Policy and Performance in the British SME Sector 1999-2002 (Cambridge: ESRC Centre for Business Research, University of Cambridge).

Cosh, A. and Hughes, A. (2003), 'Innovation activity: outputs, inputs, intentions and constraints', in A. Cosh and A. Hughes (eds.) Enterprise Challenged: Policy and Performance in the British SME Sector 1999-2002 (Cambridge: ESRC Centre for Business Research, University of Cambridge).

Cosh, A. and Hughes, A. (2007), "Business Formation, Business Leaders and SME Performance" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A. and Hughes, A. (2007), "Constraints, Competitiveness and Collaboration" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A. and Hughes, A. (2007), "Innovation Activity and Technology Intensive Firms" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A. and Hughes, A. (2007), "SMEs in Northern Ireland" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A. and Hughes, A. (2007), "The British SME Sector 1991-2004" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.

Cosh, A.D. and Hughes, A (2000), 'CEOs,Management Strategy, Growth Objectives and Growth Constraints'in Cosh, A.D. and Hughes, A. (eds) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999. ESRC Centre for Business Research University of Cambridge, Cambridge.

Cosh, A.D. and Hughes, A (2000), 'Innovation Activity and Performance in UK SMES' in Cosh, A.D. and Hughes, A. (eds) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999. ESRC Centre for Business Research University of Cambridge, Cambridge.

Cosh, A.D. and Hughes, A. (2000), 'Profitability and Finance in UK SMEs' in Cosh, A.D. and Hughes, A. (eds) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999. ESRC Centre for Business Research University of Cambridge, Cambridge.

Cosh, A.D. and Hughes, A. (2001), "Innovation. The Contribution of European SMEs" in Enterprises in Europe: Sixth Report Eurostat, Luxembourg.

Cosh, A.D. and Hughes, A. (2001), "Profitability and Finance: Uneven performance across enterprise size classes" in Enterprises in Europe: Sixth Report Eurostat, Luxembourg.

Fu, X. (2006), 'Exports, FDI, linkages and regional disparities in China', in Yao, S. and Chen, J. (eds) Globalization, competition and Growth in China, pp. 163-181.Taylor & Francis (London).

Fu, X. (2006), 'Globalisation and regional income inequalities in China', in Benini, R. and Woo, W. T. (eds) Restructuring and Decentralization in Transition, Kluwer Academic Publisher (Dordrecht and New York).

Hughes, A. (2000), "Enlarging Employment by Promoting Small Enterprises" Background Paper No. 5 in States Market and Social Progress.Ê United Nations Division of Social Policy and Development. State Development Planning Commission of the Peoples Republic of China, Beijing, pp. 63.

Hughes, A. (2000), "Enterprise Innovation and High-Tech SMEs" in D. Coates and K. Warwick (eds) The Economics of the Knowledge Driven Economy. Department for Trade and Industry, London.

Hughes, A. and Moore B.C. (2000), 'The growth and performance of small high-tech firms in the UK economy' in Cosh, A.D. and Hughes, A. (eds) British Enterprise in Transition: Growth Innovation and Public Policy in the Small and Medium Sized Enterprise Sector 1994-1999. ESRC Centre for Business Research University of Cambridge, Cambridge.

Hughes, A. and Wood, E. (2000), "Rethinking innovation comparisons between manufacturing and services: the experience of the CBR SME surveys in the UK." In J.S.Metcalfe and I.Miles (eds) Innovation Systems in the Service Economy: Measurement and Case Study Analysis. Kluwer Academic Publishers Boston/Dordrecht/London.

Kattuman, P.A. and Keeble, D.E. (2001), 'SMEs in the European regions' Enterprises in Europe: Sixth ReportÊ Eurostat, Luxembourg.

Kitson, M. (2007), "Regional Variations in Competitiveness and their Implications for Regional Policy" in British Enterprise: thriving or surviving? edited by Cosh and Hughes, Centre for Business Research, University of Cambridge.


Articles

Cosh, A.D. and Hughes. A (2000), 'Finance for SMEs: Why Banks are back in favour with small businesses'Ê Finance and Management Issue 67, September, The Institute of Chartered Accountants in England and Wales.

Cosh, A.D., Cumming, D. and Hughes, A. (2009), 'Outside Entrepreneurial Capital' Economic Journal, 119: 1494-1533.

Hughes, A (2001), 'Innovation and Business Performance: Small Wntrepreneurial Firms in the UK', New Economy Vol 8 No 3, Sep pp157-163.

Hughes, A. (2009), 'Entrepreneurship and Innovation Policy: Retrospect and Prospect', Political Quarterly, Vol. 79, 133-152.

Hughes, A. (2009), 'Hunting the Snark: Some reflections on the UK experience of support for the small business sector' Innovation: Management, Policy & Practice (ISSN 1447-9338) Volume 11 Issue 1.


Reports

Bullock, A. Cosh, A.D.and Hughes, A. with Akerblom, A (2000), Measuring Innovation in Very Small Enterprises: A Report to Eurostat CBR University of Cambridge.

Other publications

Cosh, A., Fu, X., Hughes, A., Bullock, A., and Milner, I. (October 2005), MAPSME II report, CBR (PEU).

Cosh, A., Fu, X., and Hughes, A. (2005), Determinates of Innovation in small ICT companies, Report to the i10 MAPSME II project (including web-tool design).

Cosh, A., Hughes, A., and Lester, (2006), 'Innovation Efficiency - a Transatlantic Comparison', in 'UK plc: Just How Innovative Are We?', Cambridge-MIT Institute, Cambridge, UK and Cambridge, US.

Fu, X. (2005), 'Innovation in the EU and the USA: evidence from linked survey data'. CBR memo.

Cosh, A., Hughes, A. Bullock, A., and Milner, I. (July 2005), SMEs in Northern Ireland: a matched sample comparison with Great Britain, A report to Invest NI, CBR (PEU). .

Cosh, A., Hughes, A., Bullock, A., and Milner, I. (August 2005), CBR SME Benchmarking Survey for Northern Ireland, A report to Invest NI, CBR (PEU).

Conference/Workshop Papers

Cosh, A. (2006) "How much does informality in management matter for SME Innovation", SPRU 40 Years Anniversary Conference, University of Sussex, September.

Cosh, A. (2007) "Absorptive Capacity and Innovation Performance in High Tech Firms", Council for Science and Technology, 13 February.

Cosh, A., Fu, X. and Hughes, A. (2005) 'How much does informality in management matter for SME innovation?'. Award winning paper, 2005 'European Best Paper Award'.

Cosh, A.D., Fu, X. and Hughes, A. (2005), 'How much does informality in management matter for SME innovation?', Staff Seminar at Queen's University, Belfast, 7 October 2005, UK.

Cosh, A.D., Fu, X. and Hughes, A. (2005), 'How much does informality in management matter for SME innovation?', efmd 35th EISB Conference, 13 September 2005, Barcelona, Spain.

Cosh, A.D., Fu, X. and Hughes, A. (2005), 'Management Characteristics, Collaboration and Innovation Performance in the UK', 65th Annual Academy of Management Conference, 8 August 2005, Hawaii, USA.

Dessyllas, P. and Hughes, A. (2005), 'R&D and Patenting Activity and the Propensity to Acquire in High Technology Industries', 65th Annual Academy of Management Conference, 8 August 2005, Hawaii, USA.

Dessyllas, P. and Hughes, A. (2005), 'The Revealed Preferences of High Technology Acquirers: An Analysis of the Characteristics of their Targets', European Academy of Management Conference (EURAM) 2005, Munich, 6 May 2005.

Fu, X. (2005) "How much does informality matter for SME innovation", EFMD 35th Entrepreneurship, Innovation and Small Business Conference, Sep. 2005, Spain.

Fu, X. (2005) "Management characteristics and innovation efficiency: evidence from the UK small business sector", Academy of Management Annual Meeting, August 2005, USA.

Fu, X. (2005) "Management characteristics and innovation efficiency: evidence from the UK small business sector", XI European Workshop for Productivity and Efficiency Analysis, June 2005, Belgium. Fu, X. (2006) "Applications of CIS database for innovation studies", EPSRC / AIM Productivity Network workshop, January 2006, Nottingham University, Nottingham.

Fu, X. (2006) "Management characteristics, managerial ownership and innovative efficiency in high-technology industries", SPRU 40 Years Anniversary Conference, September, 2006, Sussex.

Fu, X. (2006) "Management practices and productivity growth: a literature review", EPSRC / AIM Productivity Network workshop, January 2006, Nottingham University, Nottingham.

Fu, X. (2006) "Management practices and the UK-US productivity gap", EPSRC / AIM Productivity Network workshop, September 2005, London Business School, London.

Fu, X. (2006) "SMEs and innovation", ESRC Social Science week, CBR Conference on "British Enterprises: surviving, thriving or dying", March 2006, London.

Fu, X. (2006) "The role of management practices in closing the productivity gap", EPSRC / AIM Productivity Network workshop, July 2006, LBS, London.

Hughes, A. (2005), 'Reflections on Empirical Work in the Small and Medium-Sized Enterprise Sector', PhD Student Seminar, Doshisha University, 12 November 2005, Kyoto, Japan.

Hughes, A. (2006) "Management Characteristics, Managerial Ownership and Innovative Efficiency in High Technology Industry", EIB Workshop, University of Queensland Business School, 6 October.

Hughes, A. (2008) 'Impact of Small Business Support Policy and Innovation Policy: Some Reflections based on two Decades of Performance in the Small Business Sector in the UK', 6th ESRC and SBS Seminar: Entrepreneurship & Small Business Policy, 12 September.

Hughes, A. (2009), 'Finance and Innovation in the Current Economic Crisis', Launch of the UK Innovation Research Centre (UK~IRC), NESTA, 1 Plough Place, London, 4 March.

Hughes, A. and Lee, J. (2005), 'The Impact of Venture Capital Participation on Firm Performance: Evidence from Korean IPO's on the KOSDAQ Market', European Financial Management Association 2005 Annual Conference, 1 July, 2005 Università Bocconi, Milan, Italy.

Kitson, M. (2006) "The Regional Innovation process" MLP Conference on "Regional Development Strategic Policy Tools", Brussels, 13 October.

Kitson, M., Grinevich, V. (2006) "Absorptive Capacity and Regional Economic Performance", Innovation Economics Conference, DTI, London, 17 November.

Kitson, M., Grinevich, V. and Abreu, M. (2006), 'Absorptive Capacity and Regional Patterns of Innovation', Forum of Knowledge Exchange, Networks and Regional Innovation. 6/7 December.


Workshops organised

Cosh, A., Hughes, A., Bullock, A., Fu, X. and Milner, I, UK British enterprise: Surviving, Thriving - or Dying?, 15 March 2006, The Royal Academy of Engineering, London.

Cosh, A., Hughes, A., Bullock, A., Fu, X. and Milner, I., UK Plc: Just how innovative are we?, 16 February 2006, CBI London.

Hughes, A. (2006), 'The British SME Sector 1991-2004 and the CBR SME surveys', British Enterprise: Surviving, Thriving ? or Dying?, Royal College of Engineering, 15 March 2006, London, UK.


Surveys undertaken, datasets created, software written

An inventory of European VSE Surveys

Survey of the Importance of Small Businesses for National Innovation 1999/2000: survey instrument and dataset

 


© 2004 Centre for Business Research, University of Cambridge