The (potential) impact of Brexit on UK SMEs: regional evidence and public policy implications

Ross Crawford Brown; Jose Manuel Linares Zegarra; John Ogilvie Stephen Wilson

doi:10.1080/00343404.2019.1597267

The (potential) impact of Brexit on UK SMEs: regional evidence and public policy implications

Ross Crawford Brown, Jose Manuel Linares Zegarra, John Ogilvie Stephen Wilson

Research output: Contribution to journal › Article › peer-review

Abstract

This paper examines the potential impact of Brexit on UK small and medium-sized enterprises (SMEs). Utilising a major longitudinal survey of UK SMEs, our analysis suggests that Brexit related concerns are escalating. Larger, export and import oriented SMEs are most concerned, as are those located in major urban and peripheral locations. Among SMEs with growth-related plans, many firms are scaling back on capital investment, innovation and (especially) exports. An appraisal of existing policy frameworks suggests that the devolved administrations seem better equipped to enact interventions in order to alleviate any negative effects arising from Brexit.

Original language	English
Pages (from-to)	761-770
Journal	Regional Studies
Volume	53
Issue number	5
Early online date	28 Mar 2019
DOIs	https://doi.org/10.1080/00343404.2019.1597267
Publication status	Published - May 2019

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 15 Life on Land

Keywords

Brexit
European Union
Entrepreneurship
Small and medium-sized enterprises (SMEs)
Uncertainty
Public policy

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10.1080/00343404.2019.1597267

Brown_RegionalStudies_Final_Version_14_03_19
Copyright © 2019, Taylor & Francis This work is made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1080/00343404.2019.1597267
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Cite this

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The (potential) impact of Brexit on UK SMEs: regional evidence and public policy implications

Abstract

UN SDGs

Keywords

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