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The Impact of Teesside New Businesses in the 1970s, 1980s and 1990s

In: Three Decades of Enterprise Culture

Author

Listed:
  • Francis J. Greene
  • Kevin F. Mole
  • David J. Storey

Abstract

The evidence from previous chapters suggests that new businesses have not reinvigorated a low enterprise area such as Teesside over the last three decades. The human capital of the new entrepreneurs was modest, leading almost inevitably to enterprises being started in sectors where the opportunities for business growth are limited. Perhaps linked to the low human capital of the entrepreneurs we find new Teesside businesses are characterised by low levels of innovation and with an undue emphasis upon price-based strategies. Although both access to finance and business support has dramatically improved over the last 30 years, the evidence that it has actually strengthened new businesses in the Teesside economy is scant.

Suggested Citation

  • Francis J. Greene & Kevin F. Mole & David J. Storey, 2008. "The Impact of Teesside New Businesses in the 1970s, 1980s and 1990s," Palgrave Macmillan Books, in: Three Decades of Enterprise Culture, chapter 8, pages 168-204, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28801-0_8
    DOI: 10.1057/9780230288010_8
    as

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