Academic engagement with small business and entrepreneurship was facilitated by the availability of European Union (EU) funding, which also stimulated the emergence of a small business and entrepreneurship (SBE) ‘community of practice’. Gradually, the SBE community developed into a ‘landscape of practice’ as small business research moved towards maturity. Furthermore, the SBE landscape of practice has coalesced around three core concepts: entrepreneurial learning, social networks and social capital. EU funding was the catalyst for many SBE academics in the UK to engage with practitioners involved with starting and managing their own businesses. The UK’s exit from the EU will inevitably mean that universities will no longer have access to EU Structural Funds. This has major implications for the UK SBE community’s engagement with practice as well as for entrepreneurs and business owners who have benefitted from a range of programmes designed to improve the performance of smaller firms.
The Shaky Start of the UK Small Business Research Initiative (SBRI) in Comparison to the US Small Business Innovation Research Programme (SBIR)