Raising the batting average: Re-orientating regional industrial policy to generate more high growth firms
AbstractHigh growth firms play a disproportionate role in contributing to the economic vitality of regional economies. These are precisely the types of businesses that policy makers need to support in order to generate economic growth. Despite this, the article argues that current regional industrial and enterprise promotion policies in the UK are poorly equipped to help firms grow rapidly. This argument is developed by means of a critical examination of innovation support policies in Scotland. Indeed, many governments use such policies as a surrogate form of high growth firm policy. The article discusses the underlying principles and types of support which are needed to help foster and support rapidly growing firms. It argues that effective policy needs to be targeted, selective and customized to the specialist needs of high growth firms. The implementation of these types of policies is best delivered at a sub-national or regional level.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by London South Bank University in its journal Local Economy: The Journal of the Local Economy Policy Unit.
Volume (Year): 27 (2012)
Issue (Month): 1 (February)
Contact details of provider:
Web page: http://www.lsbu.ac.uk/index.shtml
entrepreneurship; high growth firms; industrial policy; regional development;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications).
If references are entirely missing, you can add them using this form.