Three Decades of Enterprise Culture: Entrepreneurship, by Francis J. Greene;Kevin F. Mole;David John Storey

By Francis J. Greene;Kevin F. Mole;David John Storey

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1994). 3 Map of former English and Welsh counties (post 1974). Source: ONS, 2005. The three English counties Teesside is located in the South East corner of the North East of England. To the North is the broadly rural county of Durham. Beyond this is the metropolitan conurbation of Tyne and Wear (the cities of Newcastle and Sunderland) and Northumberland. 3). 4 1998). county of Berkshire continues to exist but has no council Map of English and Welsh counties and unitary Authorities (post Source: ONS, 2005.

In part, this was because the 1970s were a difficult decade for developed economies like the UK. 3 million by 1976) were all symptomatic of ailments that were said to beset 'the sick man of Europe'. The 1980s began and continued to be a very difficult period for the UK economy. In the late 1970s- early 1980s there was a major recession in the UK. 5 per cent in the period 1980-1981. The UK was not alone in this. All of the major industrialised economies experienced a recession during this period due in part to another seismic increase in oil prices in 1979.

Regional Differences in England 27 The final two factors that we consider are measures of industrial structure: the percentage of manufacturing businesses as a proportion of total businesses; and the dominance of large businesses in the region. ). , 1997). Similarly, it is also recognised that there has been considerable industrial restructuring not only of the English or UK economy but worldwide. Ideally, therefore, we would have liked to provide more finely granulated data on sectoral distribution but, unfortunately, such information is largely unavailable for 1981.

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