Business Growth

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Lifting Growth Barriers for New Firms: Evidence from an Entrepreneur Training Experiment with Two Million Online Businesses

Expansion of e-commerce presents new opportunities for small and medium enterprises (SMEs) to enter broader market at lower costs, but the SMEs face barriers to growth after entry. To facilitate new entrants to overcome these barriers, this paper explores implementing a training program as a randomized controlled experiment with over two million new sellers on a large e-commerce platform.

D3T: Assisting SMEs with digital transformation

Torino Wireless Foundation (TOWL) in Northern Italy leads this project that aims to improve its Digital Transformation support scheme. The scheme allows SMEs from the Piedmont region to change their business and organisational activities, processes, competencies and products by taking advantage of a mixture of digital technologies. The D3T project was prompted by the recognition that many companies are not taking full advantage of the advanced technologies or innovative business models the digital economy offers.

RCT4MANU: Testing an innovative support scheme for manufacturing SMEs and accelerating the use of RCTs in innovation agencies

This trial developed by KTN and Innovate UK aims to evaluate the effectiveness and impact of the 4Manufacturing® tool and the extra support offered by experts. 4Manufacturing® is an innovative support programme based on diagnosis and one-to-one consultant advice, which aims to accelerate the adoption of industrial digital technologies for manufacturing SMEs. 

DIHnamic: Digital Innovation Hubs: dynamic facilitation and thrust from regional innovation agencies

Growing pressure on public budgets demands that support schemes become more innovative, effective, efficient, and evidence-based and that scarce resources are allocated to schemes with the greatest impact. This project aims to assess what level of support to SMEs is optimal for promoting the digitisation of their processes, products and assets. The aim of the project was to improve efficiency for the Digital Innovation Hubs (DIHs) and improve value for client SMEs while managing risk and helping businesses discover new opportunities for generating income.

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