2020

A Reform Strategy for the UK

Reprint No. 2020:35

Author(s): Mark Sanders, Mikael Stenkula, James Dunstan, Saul Estrin, Andrea M. Herrmann, Balázs Páger, László Szerb and Elisa Terragno BogliacciniYear: 2020 Title: The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK Chapter: 8Editor(s): Mark Sanders, Axel Marx and Mikael StenkulaPublisher: SpringerCity: Berlin Pages: 203–246

A Reform Strategy for the UK Mark Sanders, Mikael Stenkula, James Dunstan, Saul Estrin, Andrea M. Herrmann, Balázs Páger, László Szerb and Elisa Terragno Bogliaccini


In this chapter we outline a reform strategy to promote an entrepreneurial society in the UK. To put it in the words of the Varieties of Capitalism framework, the UK today represents a distinct liberal market economy with a deregulated environment, flexible labor markets, well-funded elite universities, and strong protection of intellectual property rights. Overall, the entrepreneurial ecosystem is supportive, but bottlenecks remain regarding radical innovation, export orientation, and informal investment. To address these shortcomings, the UK should aim at strengthening the workforce’s knowledge base and talent pool as well as the capital base from which UK entrepreneurs can draw. It furthermore is advisable to open opportunities for not only starting but also growing innovative firms in all regions in the UK.


Reference:
Sanders, Mark, Mikael Stenkula, James Dunstan, Saul Estrin, Andrea M. Herrmann, Balázs Páger, László Szerb and Elisa Terragno Bogliaccini (2020), "A Reform Strategy for the UK". Chapter 8, pp. 203–246 in Mark Sanders, Axel Marx and Mikael Stenkula, eds., The Entrepreneurial Society – A Reform Strategy for Italy, Germany and the UK. Berlin: Springer.

Mikael Stenkula

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Ph: +46 8 665 4530
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mikael.stenkula@ifn.se

Interdisciplinary European Studies

The European Union and the Return of the Nation State

9783030350048_200x_the-european-union-and-the-return-of-the-nation-state.jpg

This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

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