No-one doubts that small companies are great generators of new employment but new research has also highlighted the effects of ‘job polarisation’ where the growth is found in either ‘lovely or lousy’ jobs at the expense of ‘middle income’ roles.
In this review of ICF’s latest report by co-founder Robert Bell we ask why large companies find innovation so difficult and we suggest that major firms have a wider responsibility for investment that could balance the apparent reluctance of banks to lend to small businesses.
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