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Managerial Inputs and the Growth of Rural Small Firms

Author

Listed:
  • Jayachandran N. Variyam
  • David S. Kraybill

Abstract

Growth of rural small firms is influenced by education and work effort of owner or manager, and by degree of technology adoption and planning. Results are based on analysis of data from a small business survey in twenty-five rural Georgia counties. Employment growth in a sample of manufacturing, sales, and service firms is examined. Independent firms, sole proprietorships, and firms owned by women are found to have significantly lower-than-average growth rates. The study confirms earlier findings that firm growth is negatively related to firm size and age. Implications for small business assistance programs are discussed.

Suggested Citation

  • Jayachandran N. Variyam & David S. Kraybill, 1994. "Managerial Inputs and the Growth of Rural Small Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(3), pages 568-575.
  • Handle: RePEc:oup:ajagec:v:76:y:1994:i:3:p:568-575.
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    File URL: http://hdl.handle.net/10.2307/1243667
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    Cited by:

    1. Rashad Gurbanov & Yuriy Bilan & Wadim Strielkowski, 2015. "Economic advantages and disadvantages of Turkish EU accession," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 11(2), pages 7-30.
    2. Eshetu Bekele & Zeleke Worku, 2008. "Factors That Affect The Longā€Term Survival Of Micro, Small And Medium Enterprises In Ethiopia," South African Journal of Economics, Economic Society of South Africa, vol. 76(3), pages 548-568, September.
    3. Nicola Meccheri & Gianluigi Pelloni, 2003. "On the role of human capital and instruments of assistance for rural entrepeneurship and development: evidence from a case study in mountainous Italy," Quaderni di Dipartimento 0, Department of Statistics, University of Bologna.
    4. Nagler,Paula & Naude, Wim & Nagler,Paula & Naude, Wim, 2014. "Non-farm enterprises in rural Africa : new empirical evidence," Policy Research Working Paper Series 7066, The World Bank.
    5. Gabe, Todd, 2000. "The Effects of Business Assistance Programs on Employment Growth in Maine Establishments," MPRA Paper 65983, University Library of Munich, Germany.
    6. Gabe, Todd M., 2003. "Local Fiscal Policy and Establishment Growth," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 33(1), pages 1-24.
    7. Todd M. Gabe, 2004. "Establishment Growth in Small Cities and Towns," International Regional Science Review, , vol. 27(2), pages 164-186, April.
    8. N. Meccheri & G. Pelloni, 2004. "On the Role of Human Capital and Instruments of Assistance for Rural Entrepreneurship and Development: Evidence from A Case Study Mountainous Italy," Working Papers 504, Dipartimento Scienze Economiche, Universita' di Bologna.
    9. Dimara, Efthalia & Petrou, Anastasia & Skuras, Dimitris, 2004. "Agricultural policy for quality and producers' evaluations of quality marketing indicators: a Greek case study," Food Policy, Elsevier, vol. 29(5), pages 485-506, October.
    10. Li Yu & Georgeanne M. Artz, 2019. "Does rural entrepreneurship pay?," Small Business Economics, Springer, vol. 53(3), pages 647-668, October.
    11. Johan Krisnanto Runtuk & Poh Kiat Ng & Shih Yin Ooi & Remigius Purwanto & Arief Suardi Nur Chairat & Yu Jin Ng, 2023. "Sustainable Growth for Small and Medium-Sized Enterprises: Interpretive Structural Modeling Approach," Sustainability, MDPI, vol. 15(5), pages 1-12, March.
    12. Philip T. Powell & Roger W. Schmenner, 2002. "Economics and operations management: towards a theory of endogenous production speed," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(6), pages 331-342.

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