An economic framework

Create. Connect. Keep.

Stronger local economies need more than isolated interventions. Frontier examines how places can broaden their enterprise base, connect firms to capability and retain more of what successful businesses create.

01

Create

Broaden the enterprise base and enable ambition.

02

Connect

Help independent firms borrow capability and scale through relationships.

03

Keep

Retain or recycle productive capability through succession, ownership change and successful exits.

The cumulative objective: accumulating indigenous productive capacity.

New publications

A connected argument for a stronger Welsh SME economy.

The Framework Briefing introduces the argument. Three Frontier Reports then examine enterprise creation and progression, SME ecosystems, and the retention or recycling of productive capability in depth.

Cover of CREATE

Frontier Report · 01

CREATE

Creating Businesses, Creating Employers.

Cover of CONNECT

Frontier Report · 02

CONNECT

The Missing Middle.

Cover of KEEP

Frontier Report · 03

KEEP

Keeping Value in Wales.

View all publications

New briefing · Updated October 2026

Cover of Dragonomics

Frontier Briefing

Dragonomics

A Cooperative Strategy for Economic Transformation in Wales

What would it take to make co-operative enterprise a mainstream part of Welsh economic development? Lessons from Mondragon and Emilia-Romagna, with practical proposals for finance, skills and business growth.

Read the briefing overview

Coming soon

Preserving Wales’s Heritage: Building Skills & Unlocking Economic Potential

Connecting the care of historic buildings with skilled employment and productive new uses.

Unlocking Welsh Economic Potential: Lessons from Global SME Research

Lessons from international research on helping smaller businesses develop and strengthen the wider economy.

Small-Scale, Big Impact: A Welsh Blueprint for Micro-Factories

Exploring the role of small-scale manufacturing in local enterprise and economic development.

View publications

The everyday economy

Small and medium-sized enterprises are the bedrock of economically active communities.

Small and medium-sized enterprises (SMEs) in both the private and third sectors create employment, provide essential services, develop skills and retain capability within places.

Frontier’s understanding comes from working with these organisations every day across the UK. We examine what they need to start, develop and endure, and how their experience and capabilities can contribute to regional economic prosperity.

Engage Frontier

Rigorous thinking applied to practical questions.

Organisations can engage Frontier for business planning, consultancy and advisory work, workshops, speaking and structured stakeholder work.

How to engage Frontier