Economic impact of COVID and pathway to business recovery

Lancashire Institute for Economic and Business Research (LIEBR)

This project aims to determine the impact that the COVID-19 pandemic has had upon the Lancashire economy and evaluate the potential for policy interventions focused at supporting economic recovery.

Phoenix Project

Invitation open to all businesses to take part in our Phoenix leading-edge project to benefit business

In reply to the COVID-19 pandemic, at the Lancashire Institute for Economic and Business Research (LIEBR) Professor Philip B. Whyman and Dr. Alina Petrescu have designed Phoenix, a leading-edge, economics-based research project.

This project is designed and run in co-operation with Professor Sue Smith from the UCLan Centre for SME Development and Dr. Adrian Wright from the UCLan Institute for Research into Organisations, Work and Employment (iROWE).

This is a business research project aimed at improving the current understanding of business resilience and economic growth, via expert, science-based managerial and economics knowledge.

We’ve used our many years of experience and put the foundations for academic research to support local and national businesses longer term.

Businesses in the UK, all sizes are invited to fill in our survey – so, if you are a business owner/ manager, please click on this link and take the survey now:

Complete survey

Phoenix project

The Phoenix Project Research team:

Professor Sue Smith, Professor in Innovation and Enterprise, Chair of the Centre for SME Development

Professor Philp. B. Whyman, Professor of Economics, Director of the Lancashire Institute for Economic and Business Research (LIEBR)

Dr. Adrian Wright, Director of the Institute for Research into Organisations, Work and Employment (iROWE)

Dr. Alina I. Petrescu, Research Fellow in Labour Economics, LIEBR E-mail:

Sara Francesca Roberts, Research Assistant, Phoenix Project.


The Phoenix research has already provided robust evidence to feed in to a number of policy and practice-based activities including: Parliamentary Select Committees, the United Nation’s response to supporting SMEs through disasters such as COVID-19, State of the Nation work in the Creative Sector, and informing future business support for SMEs.

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Further information

For more information please contact Alina Petrescu

Dr Alina Petrescu
Research Fellow in Labour Economics
School of Business

Alina's field of specialisation is Labour Economics, combined with an interdisciplinary approach on Human Resource Management (HRM) and Behaviour in Organisations. Her research interests include analysing the impact of HRM practices on job satisfaction, company performance and wo…