Economic development and competitiveness

Strong and vibrant regional and sub-regional economies are characterized by having successful, competitive and innovative businesses, sectors and clusters. National and regional enterprise and competitiveness policy highlights the importance of stimulating a dynamic approach to business growth and new business formation. The rationale for encouraging enterprise development is based on the positive contribution that stimulating and growing new ‘high-growth potential’ knowledge intensive enterprises can make to local, regional and national economies through improving competitiveness levels, enhancing economic growth and tackling social exclusion.

GENECON has extensive experience of delivering a range of projects with an exclusive focus on small business development, innovation, technology transfer and the role of business incubation in improving the conditions for more effective and sustainable enterprise development. Our specialist knowledge of national and regional enterprise and innovation agendas, includes: economic studies to support investment in physical business incubation facilities, innovation advisory services and collaborative R&D technology support initiatives; economic appraisals and evaluations of schemes encouraging knowledge and technology; supply chain analysis; cluster and sector development strategies and action plans; and, strategic gaps assessments of enterprise and business support provision in both the urban and rural context.