A Market-Oriented Strategy for Small and Medium Scale Enterprises
AbstractThis paper investigates the economic rationale for intervention in support of small- and medium-scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms.
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Bibliographic InfoPaper provided by World Bank - International Finance Corporation in its series Papers with number 40.
Length: 25 pages
Date of creation: 2000
Date of revision:
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SIZE OF ENTERPRISE ; MARKET STRUCTURE;
Find related papers by JEL classification:
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- D40 - Microeconomics - - Market Structure and Pricing - - - General
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- Harvie, Charles & Lee, Boon-Chye, 2003. "Public Policy and Small and Medium Enterprise Development," Economics Working Papers wp03-18, School of Economics, University of Wollongong, NSW, Australia.
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- Mohini Malhotra & Yanni Chen & Alberto Criscuolo & Qimiao Fan & Iva lIieva Hamel & Yevgeniya Savchenko, 2007. "Expanding Access to Finance : Good Practices and Policies for Micro, Small, and Medium Enterprises," World Bank Publications, The World Bank, number 6621.
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