This report investigates the population of small to medium-sized enterprises (SMEs) in the areas covered by the 39 local enterprise partnerships in England, and estimates the effect on innovation where SMEs are interacting with universities. The report was commissioned by HEFCE from the Enterprise Research Centre (ERC) and builds on earlier work by ERC and HEFCE examining university-business interactions.
The report suggests some national metrics showing the extent of current SME-university interactions, which are interesting to consider in terms of future potential for universities and colleges identifying opportunities to increase such interactions, and to understand and contribute further to the local and national economy.
Further research into innovation and enterprise can be found at the ERC website.
Findings from the report will continue to feed into broader evidence about effective university-business links.