1. UK Perspectives on Enterprise
Andrew Green
Global Perspectives on Enterprise
LUBS5526M

2. Areas to cover
• PEST analysis
• Attitudes, media & history
• New business focus
• Academic research

3. Political

4. Political
• Support for the entrepreneur
▫ New Enterprise Allowance
• Incentives for the investor
▫ Seed Enterprise Investment Scheme (2012)

5. Economic
• BIS Report (2010)
▫ Prioritise the national deficit
• “The entrepreneur is the solution to weak
economic performance” (Bridge et al, 2003)

6. Social
• Public interest
▫ Media
▫ Celebrity
• Individual
▫ “Entre-tainment” & Entrepreneurial intentions
▫ Confidence crisis

7. Technology
• Technology clusters
▫ Tackling unemployment
▫ Spreading across nation
• Lowered barriers to entry
▫ Cost

8. New business focus
• Social enterprise
▫ Decreasing welfare provision
▫ Government support
• Continuation from New Labour
▫ Political/legal improvements

9. Academic research
• Entrepreneurial education
▫ Matlay & Carey (2007)
▫ Pittaway & Cope (2007)
• Female and ethnic-minority entrepreneurship
▫ Marlow & Patton (2005)
▫ Ram & Jones (2008)

10. Overall
• Best place to set up a business
▫ Policy
▫ Reducing bureauracy
▫ Accepting culture
▫ Entrepreneurial education