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The Formation and Development of Mid-Sized Firms: What are Mid-Sized Firms?

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  • Hideichiro Nakamura

Abstract

In 1961, while conducting a case study under the topic of "The Modernization of Small and Medium Firms," I noticed a group of firms that were emerging beyond the small and medium sizes. This phenomenon was not limited to just a few industries but could be found in almost all industries in manufacturing and distribution. So, based on a survey and research of forty firms in more than a dozen different industries, I defined as "mid-sized firms" (chuken kigyo) the third group of firms that were no small or medium firms but not yet large firms, identified the characteristics of these firms, and presented a hypothesis that these firms would be established in the industrial society of Japan and would continue to stay and even grow.

Suggested Citation

  • Hideichiro Nakamura, 1992. "The Formation and Development of Mid-Sized Firms: What are Mid-Sized Firms?," Japanese Economy, Taylor & Francis Journals, vol. 21(2), pages 21-52.
    • Handle: RePEc:mes:jpneco:v:21:y:1992:i:2:p:21-52
    DOI: 10.2753/JES1097-203X210221
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