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The Creation and Growth of Small Business Service Firms in Post-industrial Britain

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Author Info
Bryson, John R
Keeble, David
Wood, Peter
Abstract

Since 1980, the United Kingdom has experienced a dramatic growth in firms and employment in information-intensive business services, such as management consultancy and market research. This article reports the results of the first substantial nation-wide investigation into the nature and causes of small professional business service firm growth in Britain, undertaken in 1991. It reveals marked differences in the characteristics, markets and competitive requirements of such firms, compared with small manufacturing firms. The demand for their services comes predominantly from large companies, and is more focused on financial and other services and government. But small firms are also making increasing use of business services. Specialised expertise, reputation and educational and professional qualifications are essential prerequisites for the establishment of new business service firms. Their success is also being enhanced by increasing use of informal networking, collaborative partnerships, and subcontracting. Copyright 1997 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Small Business Economics.

Volume (Year): 9 (1997)
Issue (Month): 4 (August)
Pages: 345-60
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Handle: RePEc:kap:sbusec:v:9:y:1997:i:4:p:345-60

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  1. Suma S. Athreye & David Keeble, 2002. "Sources of Increasing Returns and Regional Innovation in the UK," Regional Studies, Taylor and Francis Journals, vol. 36(4), pages 345-357, June. [Downloadable!] (restricted)
    Other versions:
  2. Robert Bennett & Paul Robson, 1999. "The Market for External Business Advice Services in Britain," ESRC Centre for Business Research - Working Papers wp123, ESRC Centre for Business Research. [Downloadable!]
  3. Robert Bennett & Paul Robson, 1999. "The Use and Impact of Business Advice by SMEs in Britain: An Empirical Assessment Using Logit and Ordered Logit Models," ESRC Centre for Business Research - Working Papers wp143, ESRC Centre for Business Research. [Downloadable!]
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