Acknowledgements

In collecting these papers together, I have become very much aware of the many colleagues who have played a key part over the years in developing my interest in new and small firms and in helping me in my research in this area. I am particularly grateful to past and present colleagues at Durham University, where I have spent most of my career. It makes a world of difference to have colleagues working in the same or closely related areas in the same institution. It has also been a privilege to...

Introduction

If it is assumed that the ultimate aim of regional policy is its own demise, i.e. the achievement of a situation where regional disparities stay within politically acceptable limits without recourse to specifically regional policies, then particular attention should be focussed on those mechanisms through which a region's industry is itself able to diversify into more rapidly growing areas and to generate new products and processes as old ones decline. Market forces, expressed through regional...

V Conclusion

The VAT data are likely to remain a key statistical source in the analysis of new and small business. Their relative comprehensiveness, their 'official' status, and the regularity with which they are collected, give them a powerful advantage, despite their limitations, over other sources. Nevertheless some caution should be exercised in their use in the analysis of births. Their value to researchers undertaking such analyses would be greatly enhanced if the registration process could be used to...

ISources of data

This study covers the incubator plants of the founders of 74 manufacturing firms formed in the Northern Region in recent years. 'New' was interpreted in a fairly strict way - only businesses, none of whose principal founders was a sole proprietor, partner or major shareholder in any other business at the time of formation were included. A 'principal founder' was one without whom the business would not have been formed. Many new businesses had several such founders. Thus we concentrated very...

References

Bain, J. S. 1956 Barriers to New Competition their Character and Consequences in Manufacturing Industries, Cambridge, Mass Harvard University Press. Bank of England 1996 The Financing of Technology-Based Small Firms, London Bank of England. Bank of England 1999 The Financing of Ethnic Minority Businesses in the United Kingdom, London Bank of England. Bank of England 2000 Finance for Small Business in Deprived Areas, London Bank of England. Bank of England 2001 The Financing of Technology-Based...