What Makes Small and Medium Enterprises Competitive
Abstract: This paper aims at understanding the determinants of Italian small- and medium-sized enterprises competitiveness. Having in mind the fact that the Italian economic system relies substantially on small firms which have managed to stay competitive by adopting strategies such as the creation of well-integrated social and institutional clusters (the so-called industrial districts) or specialising in the production of quality goods (the so called made in Italy). However, the growing competing pressure coming from the Far East has rendered this production system vulnerable, challenging its internationally competitiveness. By developing a conceptual model we identify the sources of competitiveness of Italian SMEs. The model is tested using a unique database which collects data, for the year 2004, over a sample of 2,600 SMEs.
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Bibliographic InfoPaper provided by Dipartimento di Scienze Economiche, Matematiche e Statistiche, Universita' di Foggia in its series Quaderni DSEMS with number 18-2005.
Date of creation: Sep 2005
Date of revision:
SMEs; competitiveness; innovation; interval regression; ordered probit;
Find related papers by JEL classification:
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-10-15 (All new papers)
- NEP-BEC-2005-10-15 (Business Economics)
- NEP-DCM-2005-10-15 (Discrete Choice Models)
- NEP-EEC-2005-10-15 (European Economics)
- NEP-ENT-2005-10-15 (Entrepreneurship)
- NEP-SOC-2005-10-15 (Social Norms & Social Capital)
- NEP-TID-2005-10-15 (Technology & Industrial Dynamics)
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