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On Enlarging Employment By Promoting Small Enterprises

Author

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  • Alan Hughes

Abstract

This paper provides an overview of the role of Small and Medium Sized Enterprises (SMEs) in employment generation in both advanced and developing countries and a critique of the 'job generation' literature in both contexts. It sets out an analytical approach to the question of SME growth based on a synthesis of theories emphasising internal management and external market failures as growth inhibitors in SMEs. The paper emphasises the need for SMEs to develop efficient managerial and organisational strategies if sustained enterprise employment growth is to occur.

Suggested Citation

  • Alan Hughes, 2000. "On Enlarging Employment By Promoting Small Enterprises," Working Papers wp180, Centre for Business Research, University of Cambridge.
    • Handle: RePEc:cbr:cbrwps:wp180
    Note: PRO-1
    as

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    File URL: https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp180.pdf
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    References listed on IDEAS

    as
    1. David J. Teece, 2003. "Towards an Economic Theory of the Multiproduct Firm," World Scientific Book Chapters, in: Essays In Technology Management And Policy Selected Papers of David J Teece, chapter 15, pages 419-446, World Scientific Publishing Co. Pte. Ltd..
    2. James R. Tybout, 2000. "Manufacturing Firms in Developing Countries: How Well Do They Do, and Why?," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 11-44, March.
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    Cited by:

    1. Yuhuan Jin & Sheng Zhang, 2019. "Credit Rationing in Small and Micro Enterprises: A Theoretical Analysis," Sustainability, MDPI, vol. 11(5), pages 1-15, March.
    2. Bauchet, Jonathan & Morduch, Jonathan, 2013. "Is Micro too Small? Microcredit vs. SME Finance," World Development, Elsevier, vol. 43(C), pages 288-297.

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    More about this item

    Keywords

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    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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