Economic and Social Research Council
Home-based businesses lack policy support
The significance of home-based businesses for entrepreneurship in cities is underestimated, and their needs largely ignored by policymakers, suggest researchers.
The significance of home-based businesses for entrepreneurship in cities is underestimated, suggests a seminar series organised by researchers from the Universities of Southampton, Middlesex, Glasgow and Delft University of Technology.
"Home-based businesses are significant as approximately half of all small- and medium-sized businesses in the UK and the US are home-based, and the proportion of home-based businesses is rising over time,” says Dr Darja Reuschke. Today 59% of UK small businesses without employees and 24% of small businesses with employees are home-based.
Researchers believe the needs of home-based businesses are largely ignored by policymakers. A policy focus on, for example, the creation of entrepreneurial environments in designated areas such as Enterprise Zones misses the great potential for local growth in entrepreneurship and self-employment which occurs 'under the radar' of enterprise policy and business services, Dr Reuschke argues.
Home-based businesses have specific needs such as digital connectivity and access to IT support and other business expertise. And they can be hindered by, for example, housing regulations which prevent people from using their homes for business purposes. New perspectives on local economic growth are required that view home-based business activities as essential in increasing start-up rates and inclusive entrepreneurship, researchers conclude.
This article was published in the autumn 2018 issue of the Society Now magazine.
- Contact: Dr Darja Reuschke, University of Southampton
- Entrepreneurship in Homes and Neighbourhoods (project website)
- Entrepreneurship in Homes and Neighbourhoods (research grant, Gateway to Research)
Latest News from
Economic and Social Research Council
ESRC announces extension of funding for the UK in a Changing Europe and nine new Senior Fellows19/06/2019 14:33:00
The Economic and Social Research Council (ESRC) is delighted to announce additional funding of £3.19 million for the UK in a Changing Europe (UKICE) hub based at King’s College London and £4.3 million for nine new Senior Fellows for the UKICE initiative.
New ESRC Delivery Plan published11/06/2019 09:25:00
ESRC are pleased to announce the publication of our 2019 Delivery Plan. The ESRC Delivery Plan is part of a family of plans published yesterday by UKRI’s nine constituent councils.
UK Research and Innovation seeks to appoint Council Members06/06/2019 09:25:00
UK Research and Innovation is seeking to appoint further Council members for each of the nine Councils.
It is never too late to learn a language according to ESRC research31/05/2019 09:25:00
The ability to learn a language does not decline with age, according to new research.
Credit 'Curfews' Answer to UK Debt Crisis24/05/2019 09:25:00
Credit 'curfews' are needed to stop people spiraling into debt, according to a new report.
ESRC awards funding for project reviewing international comparative datasets and exploring global social survey ideas15/05/2019 17:08:00
The Economic and Social Research Council (ESRC) is announcing £255,000 of funding for a project called Global Social Comparisons: A review of International Survey Resources and Research. This project will run until 31 March, 2020.
One in ten ethnic minorities reports experiencing racial harassment15/05/2019 09:25:00
Around one in ten ethnic minorities in England has reported experiencing ethnic and racial harassment in a public place and almost double this number has reported feeling unsafe or avoiding public places, both of which are associated with poorer mental health, according to new research.
First Future Leaders Fellowships give the freedom to deliver global impact07/05/2019 14:32:00
A new generation of rising stars across research and business will tackle pressing global challenges through UKRI’s Future Leaders Fellowships initiative.