Entrepreneurship and innovation in the North: Paper 3 from the Northern Economic Agenda project
Article
Enterprise and innovation are two of the Government's 'five drivers' of productivity in the UK along with skills, competition and investment. The paper examines the arguments for Government intervention to promote entrepreneurship and innovation, asking why there are less entrepreneurs in the North and considering whether entrepreneurs do encourage positive spillover effects into the rest of the economy.
The aims of this paper are threefold. Firstly, it uses the latest economic theory and empirical evidence to examine the rationale for government intervention to promote entrepreneurship and innovation in the North, and elsewhere in the UK. Second, it assesses the performance of the northern regions in terms of the levels of entrepreneurship and innovation. Finally, it examines the effectiveness of existing policies to encourage entrepreneurship and innovation, particularly in the North.
This is the penultimate paper from ippr north's Northern Economic Agenda. To receive updates upon the final paper, Moving On - A Progressive Transport Policy for Northern England, being published email NEA to north@ippr.org.
Related items
Taken to heart: Inequalities in heart disease in Scotland
More than 7.6 million people across the UK live with cardiovascular disease (CVD), around twice as many as live with Alzheimer’s disease and cancer combined.Skills passports: An essential part of a fair transition
This month, government will publish its Clean Energy Workforce Strategy. This plan covers two aims. First, filling the growing demand for skills in clean energy industries is essential to keep on track to reach the government’s clean power…Fixing the leak: How to end the £22 billion annual taxpayer losses at the Bank of England
The Bank of England increased its interest rates over recent years, aimed at reducing inflation. But this has also had an unintended effect on the Bank of England’s massive government bond buying – ‘quantitative easing’ – programme.