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- W2912436478 abstract "The UK vote to leave the European Union (Brexit) in June 2016, was an unparalleled political event with potentially seismic consequences for the economy. Using data from a UK government survey of approximately 10,000 SMEs, this paper investigates which SMEs are most concerned by Brexit and the likely impact of this event on their (self-reported) strategic future intentions related to accessing finance, growth, innovation and capital expenditure. The results of a descriptive analysis suggest that larger, innovative, export-oriented SMEs and those operating in business services perceive Brexit as a major obstacle to the success of their business. The results of a regression based analysis suggest Brexit could potentially result in weaker growth, lower levels of innovation, reduced capital investment and lower access to external finance, especially for innovative and export-oriented SMEs. Importantly, Brexit may have the most significant negative repercussions for the SMEs often viewed as the largest contributors to long-term productivity growth." @default.
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- W2912436478 date "2018-01-01" @default.
- W2912436478 modified "2023-10-18" @default.
- W2912436478 title "What Happens If the Rules Change? The Impact of Brexit on the Future Strategic Intentions of UK SMEs" @default.
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- W2912436478 doi "https://doi.org/10.2139/ssrn.3066614" @default.
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