Observatory enterprise and innovation team update: May 2010

This is the second post in a new series of weekly Observatory research updates; there will be one post from a different research team each week. We’re doing this in response to feedback we received in our recent website user survey. Please do get in touch with any feedback.

It’s rather a brief update from the Enterprise and Innovation team this month as during April and May we’ve been busy researching and compiling two interesting reports on different aspects of enterprise and employment in the West Midlands.

Aspirations of businesses in West Midlands

Our first piece of research is focused on uncovering emerging trends and issues related to aspirations of the region’s businesses and what is constraining their growth ambitions.

Our initial analysis is drawn from existing data following a scoping exercise to uncover what information sources were available on the topic. This proved particularly challenging; information regarding aspirations and barriers to growth is rather scarce. However, the report will outline a number of findings that we hope partners will find interesting.

Employment trends from Annual Business Inquiry data

Our second piece of research looks at trends in employment in the West Midlands using the latest Annual Business Inquiry data.

Initially reviewing the performance at a broad sector level, our report compares the trends of the West Midlands against the UK average and other regions.

The report also looks at the underlying drivers behind notable headline sector trends, providing in-depth analysis using the most detailed to Standard Industrial Classification (SIC) codes to fully examine what has been driving growth. Using predefined SIC groupings, the research looks at the recent trends in employment, the research looks at the recent trends in employment of high tech and knowledge intensive industries and Advantage West Midlands’ clusters. We also explore the breakdown of employment demographics.

We’ll publish these reports on the Observatory’s enterprise and innovation research pages in the coming weeks.

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