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The Impact of Government-Assisted Management Training and Development on Small and Medium-Sized Enterprises in Britain

Author

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  • J N Marshall
  • N Alderman
  • C Wong
  • A Thwaites

Abstract

Small and medium-sized firms in Britain have been encouraged by a range of government policies. In this paper, the impact of Business Growth Training Option 3 is examined, which between 1989 and 1991 provided financial assistance to small and medium-sized firms to employ consultants to help them train and develop their management staff. A novel methodology is employed; it follows a cohort of firms through their Option 3 project, and compares them with a matched sample of firms not in receipt of assistance. The evaluation demonstrates the effectiveness of support for management training in small and medium-sized enterprises. It shows that Option 3 produced a substantial increase in the scale and range of management training. It also shows that Option 3 assistance led to improvements in management, organisation, and business performance in participant firms. Based on this evidence, a series of recommendations are made for both government policy and further academic research.

Suggested Citation

  • J N Marshall & N Alderman & C Wong & A Thwaites, 1993. "The Impact of Government-Assisted Management Training and Development on Small and Medium-Sized Enterprises in Britain," Environment and Planning C, , vol. 11(3), pages 331-348, September.
    • Handle: RePEc:sae:envirc:v:11:y:1993:i:3:p:331-348
    DOI: 10.1068/c110331
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    Cited by:

    1. John R. Bryson, 1997. "Business service firms, service space and the management of change," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 9(2), pages 93-112, January.
    2. Nistor, Adela P., 2007. "Implications of Human Capital Public Investments for Regional Unemployment in Indiana," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(3), pages 1-8.

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