The (potential) impact of Brexit on UK SMEs : regional evidence and public policy implications
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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.
Brown , R C , Linares Zegarra , J M & Wilson , J O S 2019 , ' The (potential) impact of Brexit on UK SMEs : regional evidence and public policy implications ' , Regional Studies , vol. 53 , no. 5 , pp. 761-770 . https://doi.org/10.1080/00343404.2019.1597267
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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