Entrepreneurship is vital to boost productivity growth in the UK. But not all entrepreneurship is equal in generating macroeconomic growth.
This report focuses on what more can be done by policymakers to encourage more of the type of entrepreneurial activity that has the widest positive effect on the UK economy – what we term “high value entrepreneurship”.
The UK has fewer high value entrepreneurs compared to other countries. Those most likely to have the potential to be high value entrepreneurs are among the least likely to see it as a desirable career option. We explore the reasons that hold these types of individuals back from starting their own businesses, and make recommendations to increase high value entrepreneurship in the UK.