This employment performance of small and new manufacturing firms is examined in the County of Cleveland, an area of North-East England characterised by large establishments in 'heavy' industry. The paper shows that relatively few jobs were created by wholly new manufacturing firms in the area...

This paper argues that it is now appropriate and possible to undertake a thorough review of local economic initiatives (LEIs). The key theoretical point of the paper is to demonstrate that, from the viewpoint of economic efficiency, the marginal costs for each LEI instrument of achieving a...

This paper examines the hypothesis that firms located in large urban areas suffer from location diseconomies which significantly reduce their profitability and propensity to create employment. This hypothesis is tested on a sample of companies located within a single region, the north of...

The provision of financial assistance to industry has formed a growing and important part of the economic development policies of many local authorities. However, assessments of these policies have suffered from a number of drawbacks. In particular, they have tended to focus on the employment...

The paper argues that in order to use macro-evaluation techniques to calculate the employment effect of a policy over some sub-period after policy commencement, it is necessary to determine the rate at which policy jobs are lost. Crucially, it is the rate at which jobs cease to be attributable...

This paper argues that there have been three distinct phases of enterprise policy in the UK in the past 30 years: the 1970s saw no effective enterprise policy ('policy off'); the 1980s witnessed an attempt to increase the number of start-ups; and the 1990s saw a concentration on 'business...

This paper empirically examines the factors that determine managers' remuneration in a sample of 97 UK small and medium-sized enterprises (SMEs). The sample was partitioned into two groups, one comprising of 69 managers working for firms located in the South East (SE) economic planning region...