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Research at St Andrews

Gavin C Reid


Gavin C Reid
Postal address:
School of Economics & Finance
The Scores
St Andrews
United Kingdom


Direct phone: +44 (0)1334 462425

Research overview

My main research areas are all connected with the business enterprise: industrial organization, entrepreneurship, venture capital, small firms, innovation, R&D, intellectual property, information systems, risk appraisal, financial structure. I have been awarded grants from all the leading grant awarding bodies (Nuffield, Carnegie, Leverhulme, British Academy, British Council, Esmee-Fairbairn, Royal Economic Society, Scottish Economic Society, ScotEconNet, etc) including two ESRC research grants:1) Financial reporting for small firms (FRSSE), 2005-08; 2) Research network: seminars in accounting, finance and economics (SAFE) - of which I was Chairman, 2006-08.

I have published over seventy research papers in the leading academic research journals in economics, finance and accounting, and ten books (all research based), including: The Foundations of Small Business Enterprise: an entrepreneurial analysis of small firm inception and growth, Routledge, 2007; and (with J A Smith) Risk Appraisal and Venture Capital in High Technolgy New Ventures, Routledge, 2008. Both these volumes have been favourably reviewed, and are available in several e-book formats. They were both published in paperback editions in 2010.

My published papers in refereed journals, have appeared in the Economic Journal, Economica, Oxford Economic Papers, Manchester School, Bulletin of Economic Research, Scottish Journal of Political Economy, Journal of Industrial Economics, International Journal of Industrial Organization, Managerial and Decision Economics, Entrepreneurship Theory and Practice, Small Business Economics, Management Accounting Research, Accounting and Business Research, Critical Perspectives on Accounting, Accounting, Auditing and Accountability Journal, European Journal of Finance, Journal of Private Equity, International Journal of the Economics of Business. 

I was awarded an Honorary Doctor of Business Administration (DBA) Degree in 2010 by the University of Abertay Dundee in recognition of my research work in business economics, and a Doctor of Letters (DLitt) by the University of Aberdeen in 2012 for my life's work in small business economics, which was judged to be  'an original and substantial contribution to humane learning'. In 2011, UK Competition Minister Edward Davey appointed me a Member of the Competition Appeal Tribunal, which hears and decides appeals and claims arising from competition and economic regulation in the UK. In 2017 I was awarded the Medal of Honour of the Scottish Economic Society for my contribution to economics in Scotland. 

 My past consulting activity has been with the small firms lobby, beer and spirits industry, retail sector and accounting bodies.

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