Young firms have an important role in driving innovation, both directly through their own activities and indirectly through their interaction with established firms.
The capacity of new firms to undertake small-scale experimentation and innovation allows new ideas and ways of working to be tested.
But the UK is perceived to have few firms that started small and grew rapidly into world-class corporations. Is this true? Does it really matter – and why? And what can or should policy do about it?
Published
March 2007
Author
NESTA
For publication enquiries or to
request a hard copy of a publication,
contact information@nesta.org.uk.
T +44 (0)20 7438 2500
F +44 (0)20 7438 2501
Nesta Operating Company, a company limited by guarantee registered in England and Wales with company number 7706036 and charity number 1144091. Registered as a charity in Scotland number SC042833.
