Consulting Report | 04 Mar 2020
The Digital Opportunity for Small Businesses
Digital technology offers small and medium-sized businesses (SMBs) in the UK a huge opportunity to improve their productivity and increase their growth rates. Yet typically, uptake of this technology by SMBs lags both their counterparts in Europe and also large UK firms.
To shed light on the reasons for this “digital gap”, and to understand the scale of the opportunity if it is closed, Oxford Economics has partnered with Intuit Quickbooks to investigate how improvements in the UK’s digital infrastructure, and in SMBs’ inclination and ability to use digital tools, could boost productivity levels in local areas across the country.
We have created a first-of-its-kind Index to show how digital infrastructure, and SMBs’ inclination and ability to use digital tools, vary across the UK’s 173 NUTS3 regions.
To find out the conclusion of our study read the report below.
Contact us
If you would like to learn more about our economic impact services, please fill in the form and let us know a bit more about you and what you’re looking for. A member of the team will be in touch with you as soon as possible.
By submitting this form you agree to be contacted by Oxford Economics about its products and services. We will never share your details with third parties, and you can unsubscribe at any time.
Contact us
If you would like to find out more about our services, please fill in the form and let us know a bit more about you and what you’re looking for. A member of the team will be in touch with you as soon as possible.
By submitting this form you agree to be contacted by Oxford Economics about its products and services. We will never share your details with third parties, and you can unsubscribe at any time.
Contact us
If you would like to learn more about our economic impact services, please fill in the form and let us know a bit more about you and what you’re looking for. A member of the team will be in touch with you as soon as possible.
By submitting this form you agree to be contacted by Oxford Economics about its products and services. We will never share your details with third parties, and you can unsubscribe at any time.
Related Services
Post
The Economic Impact of the On-demand Service Industry in Indonesia
This report examines the contributions of the on-demand service industry to Indonesia’s economy, quantifying its economic impact and highlighting the socio-economic value the industry creates for gig workers and small businesses.
Find Out More
Post
The Economic Impact of Grab in Singapore
This report examines Grab’s contributions to Singapore’s economy, quantifying its economic footprint and highlighting the platform’s contribution to the digital economy, and the socioeconomic opportunities it creates for gig workers and small businesses.
Find Out More
Post
The Economic Impact of Regenerating Old Trafford
Manchester United is considering several options for the development of their stadium at Old Trafford. As such, there is a need to understand the net socioeconomic benefits that could be generated by a potential new stadium at a local, regional, and national level.
Find Out More