Index

Mastering Brexits Through The Ages

ISBN: 978-1-78743-897-2, eISBN: 978-1-78743-896-5

Publication date: 8 May 2018

This content is currently only available as a PDF

Citation

Culkin, N. and Simmons, R. (2018), "Index", Mastering Brexits Through The Ages, Emerald Publishing Limited, Leeds, pp. 241-248. https://doi.org/10.1108/978-1-78743-896-520181013

Publisher

:

Emerald Publishing Limited

Copyright © 2018 Emerald Publishing Limited


INDEX

Abbot Laboratories
, 180

Academic university vs entrepreneurial universities
, 208–209

Act of Supremacy (1534)
, 31

Adam Smith’s ‘Invisible Hand’
, 147–150

AIG
, 101

Alitalia Spa
, 59–60

Allocative or productive efficiency
, 13

Amazon.com
, 16, 66

Ambitious firms

mission-based innovation driven by
, 44–45

role in innovation
, 44

Amsterdam
, 202

Ancient Civilisations
, 22

Android alternatives
, 15

Antwerp
, 37, 161–162, 166–167, 201–202

Apple
, 113, 177

ARM Semiconductor Ltd
, 15

Artificial intelligence self-drive component
, 113

Asian Financial Crisis (1997)
, 20, 104

Asset-based financing
, 18

Austin Reed
, 76–77

Automotive/Aerospace supply chains
, 66–72, 100

Automotive supply chain, complexity of
, 66–72

Balance of Payments Sudden Stop Events
, 104, 117

Barclays
, 101

Basel Banking Capital Accords
, 106, 112, 150–151

Basel Capital Accords
, 18

‘Big Bang Disruptions’
, 16

‘Bilateral Third Country’ treaties with Third Nations
, 27

Bio Technology research companies
, 85

Bit-Coin
, 156

BlackBerry
, 15–16

Black Death
, 31

Black swans and conspiracy theory
, 128–129

Blockbuster disrupters
, 16

Block chain international payment system
, 153–158

Boeing Commercial Aerospace
, 68–69

Book market disruption
, 64–66

Bookselling trade
, 64–66

Borders
, 65–66

Boston Consulting Group
, 101

Brexit
, 11, 26–27, 42

Acts of Parliament and associated Proclamations, role of
, 31

AD 410 experience
, 28–30, 78, 166

from adjustment and stabilisation
, 36–39

assumptions
, 136–138

challenges
, 40–41, 213

changes in purchasing power
, 99

debate
, 122

definition
, 27

EU impacts
, 86–87

EU/UK negotiations
, 39

implications
, 85–92

induced supply chain dislocation
, 70

1536–1541 insurrection and challenge
, 34–35

issues emerging from
, 28

issues from previous
, 195–200

lessons from previous
, 95–103

narrative of fear and bullying
, 204

new arrangements
, 212

1530–1542 Reformation and English departure
, 30, 33

reformation changes and
, 33–36

regional execution
, 114–117

risks
, 138

‘Stones’ and ‘Ripples’
, 94–103

structural (1529–1540)
, 31–32

‘Take Back Control’ and ‘Reclaim Our Sovereignty’
, 121

UK preparation for
, 38–39

Urban and Supply Chain Catastrophe (AD 410–AD 420)
, 28–30

Brexit Day operational imperatives
, 110–113

Business Accelerator Programme
, 43

Business Angels
, 18

Business credit mechanisms
, 17–18

Capital investment funding
, 18

Capital Requirements Directives
, 106

Carnegie, Andrew
, 17

Carry trade
, 20

Cell-based therapies
, 14

Chamberlain, Joseph
, 125

Chambers of Commerce
, 188–189

Commercialisation
, 172

Commercialisation process
, 14

Common Agricultural Policy
, 115

Community Care Act
, 81

Comparative Advantage, theory of
, 125

Complex supply chain players
, 66–72

Automotive and Defence Contracting sectors
, 67

Automotive or Aerospace supply chains
, 66–72

Coping with Brexit

academic innovations
, 171

‘access to finance’ measures
, 168

asset prices, managing
, 150

‘block chain’ approach
, 168–170

building and growing new and existing firms and killing non-viable firms
, 164

building high intellectual content value-adding services
, 163

cost setting
, 147–149

credit model
, 147–150

developing negotiating skills
, 183

efficient supply chains
, 165–168

entrepreneurial ‘up-skilling’
, 182–184

establishing effective trust and relationships
, 162

event-triggered payment system for MSMEs
, 153–158

export support activities
, 160–163

feasibility study
, 183

financial ombudsman service
, 159

innovation contracts
, 170–177

lending support measures
, 145–146

MSME funding gap, reducing
, 144–147

new trade agreements
, 190–195

patenting of innovations
, 179–182

raising investment and innovation levels
, 168

sharing of problems and solutions
, 159–160

state as entrepreneur
, 154–155

state funding
, 172–175

structure to improve finance flows
, 150

use of proclamation to control public concern
, 194

venture capital funding
, 177–179, 183

vocational training
, 184–190

working with local Regional Development Agencies and Business Support Organisations
, 160

work permit restrictions
, 187–188

Corn Laws, repeal of
, 123–125

Cost-effective human genome mapping
, 14

Creative Destruction
, 58

Cromwell, Thomas
, 30, 201

“Crowding-out” of market sector investment
, 133

Cryptocurrencies
, 156

Customs Declaration Service
, 112

Defence Advanced Research Projects Agency (DARPA)
, 13–14, 175–177

Devolution Settlement (1998)
, 114

Dismal Science
, 128

Disruption events
, 103

financial system
, 104–106, 202

legal and regulatory risk
, 106–110

ongoing market and technological innovation
, 113

operational challenges
, 110–113, 202

regional execution
, 114–117

Dividend rents
, 18

Dynamic efficiency
, 13

E-commerce innovation
, 48, 51

Economic models
, 135

Economic Rent
, 131–132

Efficiency of an economy
, 13

allocative or productive
, 13

dynamic
, 13

English Industrial Revolution
, 33, 62

English Taxation
, 31

Enterprise mobility management (EMM)
, 15

Entrepreneurs
, 17, 204–205

capitalism and
, 18–21

Entrepreneurship
, 21

Equipment leasing
, 18

European Aviation and Safety Agency
, 107

European Open Skies Treaty
, 110

European Union

‘acquis communitaire’
, 106

Brexit impacts
, 86–87

Directives
, 106

EU–UK academic research programmes
, 114

EU–UK Free Trade Agreement
, 111

EU/UK negotiations
, 39

EU/USA Air Safety Treaty
, 139

EU/US Treaty
, 108

Free Trade Agreements
, 111

‘Regulation 216-2008’
, 107

Treaty provisions
, 106

UK contribution to
, 106

EU/UK Brexit negotiations
, 39

Event Cinema
, 82–85

Facebook
, 16, 177

Fashion retailing and brand identities
, 76–78

Fast fashion
, 14

Fast-growing firms
, 44

Financialisation, effect of
, 17–20

Financial services
, 74–75

Food retailing
, 185

Fraunhofer Institute programme
, 174–175

Free Trade to Chamberlain
, 126

Frittered Debt
, 132

German Automotive Sector, collaborative innovation in
, 71

German GDP vs Dutch GDP
, 154–155

German ‘Mittlestand’ companies
, 174–175

Good Friday Agreement (1999)
, 114

Good Manufacturing Practice (GMP)
, 110

Google
, 16, 62, 177

Google Self-Drive test car
, 113

Graphene
, 172–173

Great Debasement of 1544–1551
, 36, 194

Great Repeal Bill
, 115

Grexit
, 27

Grimethorpe
, 102–103

Grimwades
, 77–78

Gulf Cooperation Council (GCC)
, 162, 186–187

Hague Documentary Convention
, 73

Hamburg
, 37

‘Hands-on’ operational control
, 183

Hansa Research and Development Inc
, 177–178

Hanseatic League
, 37

Heinz
, 17

Henrician Reformation
, 32, 201

Hepworths
, 78

High-growth enterprises
, 44, 179

role in innovation
, 48

High-growth potential ‘big’ (or little!) bang disrupters
, 61–66

annual returns
, 63–64

book market disruption
, 64–66

definition
, 63

examples
, 62–63

internal rate of return thresholds on business plans
, 64

technology disrupters
, 62–63

‘High Tech Entrepreneurial SME Patents’
, 181

Hjalmar Schacht
, 154

Huguenots’ immigration
, 39

Iceland’s 2008 banking collapse
, 20–21, 103

Immigration concerns
, 39, 184–186

Information and data revolution
, 14

Innogenetics N.V.
, 18

Innovate UK
, 174–175, 181–182

Innovation
, 211

in business processes
, 16

defined
, 12–14

E-commerce
, 48, 51

entrepreneurs vs professional managers
, 17

intangible
, 48, 51

product innovation and consumer expectations
, 14–17

productivity vs
, 12–14

relationship between low pay and
, 51–53

technological examples
, 14

Intangible investment
, 48, 51

Internet of Things
, 16

iPhone
, 15

J Hepworth & Son
, 78

Kafala system
, 187–188

Kahoo
, 63

Kendall & Sons
, 78

Knowledge-driven innovators
, 82–85

Labour-intensive service MSMEs
, 80–82

Laffer, Arthur
, 20

Laffer Curve
, 129–130

Laithwaite, Eric
, 172

Lasik eye surgery
, 177–178

Librairie Nouvelle d’Orléans
, 64

Library of Alexandria
, 64

LIDAR (light-based technology)
, 113

LIFI
, 113, 114

Linear Induction Motor
, 172

Lloyds
, 101

London
, 33, 202

economy
, 23

role as a hub for financial flows
, 23

Thomas Cromwell’s reforms and exit from
, 33

Market and technological innovation
, 113–114

Marshall/Lerner condition
, 23, 105

May, Prime Minister
, 27, 94

Mazzucato, Mariana
, 14

Medical Device Sector
, 44

Merchant Adventurers
, 87, 91, 161

Merchant Adventurers Company
, 38

Micro, Small and Medium Sized Enterprises (MSMEs)
, 11, 28, 88–90, 142

birth of new firms
, 58–61

business ombudsman service
, 158–159

by business stage segment sizes
, 47

central role in innovation
, 47

characteristics
, 209–212

definitions
, 45, 47

employment rate
, 48, 49

equity return
, 54

financing costs
, 54

high-growth
, 47

importance to economy
, 47–53

by industry
, 46

in medical device sector
, 48

needs and challenges
, 43–44

opportunity segments
, 54–58

pay rates
, 51–53

pre-tax operating profit adjusted for leasing and R&D
, 53

as revenue streams
, 207–209

total factor productivity
, 48, 50

Mission-based innovation
, 19, 44–45, 48

Mobile security
, 15

Mobitex wireless packet-switched data communications networks
, 15

Montague Burton
, 77

MSME-focused Industrial and Commercial Finance Corporation (ICFC)
, 146

Multiplier effect
, 101

Grimethorpe case
, 102

Mutual recognition treaty
, 137–138

Natural rate of interest
, 132

Nissan Motor Manufacturing, Brexit-related issues in
, 100

Non-Corporate Savings
, 132

Northern Ireland
, 114

Notcutt, Roger
, 79–80

Notcutts Nurseries
, 79–80

One size fits all approach, transformation challenges with
, 60–85

Peace of Augsberg (1555)
, 32

Polaroid Corporation
, 58–59

Poll Tax
, 31

Post-Brexit barriers and impacts

agriculture and horticulture
, 80

automotive supply chain, complexity of
, 66–71

book market disruption
, 64–66

capital flows
, 75

contracting business
, 72–73

Euro-denominated transactions
, 137

EU–UK academic research programmes
, 114

farming and agriculture
, 115–117

foreign trade patterns and restrictions
, 135–136

issue of financial services passporting
, 74–75, 101

issue of mutual recognition of professional qualifications
, 73

knowledge-driven innovators
, 82–85

labour-intensive small-scale local businesses
, 80–82

local retail, artisan products and local services
, 75–80

multiplier effects on London-based professional/business services
, 75

mutual recognition on air safety issues
, 108

small companies and micro exporters
, 109

structural view-point
, 138, 141

subsidies
, 91

transport access
, 139

treaty cover
, 137

UK-based Asset Management
, 75

UK-manufactured pharmaceuticals and medical devices
, 139

UK suppliers
, 72

Predatory entrepreneurship
, 61

Private equity
, 18

Productivity
, 12–14

growth
, 12

Professional managers
, 17

Protestantism
, 31

Ready-to-wear products and supplies
, 76

Reformation changes, effects of
, 32, 35–36

Regional remoteness
, 114–117

Relocation
, 101

Research and development programmes
, 12

Research in Motion’s (RIM) Blackberry
, 15

Residential mortgage markets
, 18

Risk-weighted assets
, 112

Roman Catholic Church
, 30

Roman Coinage
, 29

Roman pottery supply chains
, 166

Russia, programme of shock therapy
, 60–61

Sailing-ship effect
, 210

Schumpeter, J. A.
, 21, 54, 203, 210

Scotland
, 114–116

Scotland Act (1998)
, 115

Self-driving car
, 113–114

Self-employment
, 211

50 Shilling Tailor
, 77

Shock therapy
, 60–61

Simple supply chain subcontracting companies
, 72

Small business sector, motivations of
, 43

Smart Phones
, 14–16

Southern Cross Healthcare
, 81–82, 92

Star businesses
, 45

Starting business in France, personal experiences
, 77

Stratford Butterfly Farm
, 109

‘Style’-driven retailer
, 78

Sunset clause
, 153

Supply chains
, 165–168

Automotive or Aerospace
, 66–72, 100

‘Tamkarum’ (merchants)
, 22

Technology disrupters
, 62–63

‘Technology-enabling’ patents
, 180

Tesla
, 113

Tinkerbell Effect
, 129

Total Factor Productivity
, 3

Trade policy, impact of
, 37–38

Trailblazers
, 16

Treason Act
, 31

Treaty of Versailles (1919)
, 120, 154

Uber
, 63, 113

UK Bi-Lateral Treaty (1995)
, 139

UK Civil Aviation Authority
, 107

UK East Midlands Supply
, 70

UK Film Council
, 43

UK Professional Advice
, 73

UK Zombie companies
, 58–61, 92

United Kingdom

ageing society and pensioners
, 24

‘Ambition Gap’ between UK and US MSMEs
, 44

balance of payments
, 23

Conservative (2015–)
, 43

consumer spending
, 22–23

contributions to the EU
, 106

Current Trade Balance Deficit
, 104

GDP growth series (1300–1700)
, 32

international dependence
, 24–25

investment levels in
, 22

Labour (1997–2010)
, 43

Liberal Democrat/Conservative coalition (2010–2015)
, 43

manufacturing sector
, 24

regional dynamics
, 23

services sector
, 24

share of labour utilisation
, 24

wage subsidies
, 24

United Kingdom, post-Brexit

adoption of free trade
, 122

government debt to GDP
, 133

industrial change and tariffs
, 125–126

mainstream case examples
, 127–129

potential policy effectiveness
, 129–133

removal of bureaucratic barriers
, 122

tariff liberalisation and protection
, 122–126

unit labour cost reduction
, 131

wealth distribution
, 133

US–UK bilateral agreement (1995)
, 107

Venture Capital market
, 18

Verdoorn’s law
, 62

Wales
, 114

‘Washington Consensus’ approach
, 61

Waymo
, 113

Weinstock GEC experience
, 164–165

Western economies
, 210

Westminster Parliament
, 114, 116

Work Programme, UK
, 72–73

Zombification
, 143