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Which SMEs use external business advice? A multivariate subregional study

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Author Info

  • Steve Johnson
  • Don J Webber
  • Wayne Thomas

Abstract

The authors examine factors that influence the propensity of a firm to take up external business support across four large English towns, using random effects nominal probit regression analysis to capture sector heterogeneity. The results suggest a strong positive association between the orientation of the firm towards growth and its propensity to use external business advice. ‘Push’ factors, including the existence of recruitment difficulties, are identified as key triggers to use business advice. These results provide valuable guidance to public policy organisations concerned with business development and competitiveness, and suggest a number of avenues for future research.

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Bibliographic Info

Article provided by Pion Ltd, London in its journal Environment and Planning A.

Volume (Year): 39 (2007)
Issue (Month): 8 (August)
Pages: 1981-1997

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Handle: RePEc:pio:envira:v:39:y:2007:i:8:p:1981-1997

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Web page: http://www.pion.co.uk

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Cited by:
  1. Vivas-Augier, Carlos & Barge-Gil, Andrés, 2012. "Impact on firms of the use of knowledge providers: a systematic review of the literature," MPRA Paper 41042, University Library of Munich, Germany.
  2. Andrés Barge-Gil & Aurelia Modrego-Rico, 2013. "Relationships Among Technology Institutes and Firms: Are Determining Factors Dependent on the Type of Service Provided?," Journal of the Knowledge Economy, Springer, vol. 4(4), pages 343-369, December.
  3. Greene, Francis, 2012. "Should the focus of publicly provided small business assistance be on start-ups or growth businesses?," Occasional Papers 12/2, Ministry of Economic Development, New Zealand.

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