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Small Vs Young Firms Across The World
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Book Synopsis Measuring Entrepreneurial Businesses by : John Haltiwanger
Download or read book Measuring Entrepreneurial Businesses written by John Haltiwanger and published by University of Chicago Press. This book was released on 2017-09-21 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measuring Entrepreneurial Businesses: Current Knowledge and Challenges brings together and unprecedented group of economists, data providers, and data analysts to discuss research on the state of entrepreneurship and to address the challenges in understanding this dynamic part of the economy. Each chapter addresses the challenges of measuring entrepreneurship and how entrepreneurial firms contribute to economies and standards of living. The book also investigates heterogeneity in entrepreneurs, challenges experienced by entrepreneurs over time, and how much less we know than we think about entrepreneurship given data limitations. This volume will be a groundbreaking first serious look into entrepreneurship in the NBER's Income and Wealth series.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Download or read book At Your Service? written by Gaurav Nayyar and published by World Bank Publications. This book was released on 2021-10-18 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing-led development has provided the traditional model for creating jobs and prosperity. But in the past three decades the conventional pattern of structural transformation has changed, with the services sector growing faster than the manufacturing sector. This raises critical questions about the ability of developing economies to close productivity gaps with advanced economies and to create good jobs for more people. At Your Service? The Promise of Services-Led Development (www.worldbank.org/services-led-development) assesses the scope of a services-driven development model and policy directions that can maximize the model’s potential.
Book Synopsis Are Small Firms Important? Their Role and Impact by : Stephen Ackermann
Download or read book Are Small Firms Important? Their Role and Impact written by Stephen Ackermann and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.
Book Synopsis Small Firm Growth by : Per Davidsson
Download or read book Small Firm Growth written by Per Davidsson and published by Now Publishers Inc. This book was released on 2010 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small Firm Growth comprehensively reviews the empirical literature on small firm growth to highlight and integrate what is known about this phenomenon and take stock of what past experiences of researching this area implies for how the phenomenon can or should be studied in future research.
Book Synopsis Youth Employment Programs by : World Bank
Download or read book Youth Employment Programs written by World Bank and published by World Bank Publications. This book was released on 2012-12-17 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the first IEG evaluation of World Bank Group support to youth employment, the findings reveal short-term effects, limited positive results, and lack of evidence. The focus is on investment climate, labor market, and skills. An evidence-based, strategic approach using youth-specific, complementary interventions and multisectoral teams is needed.
Book Synopsis Small and Medium-Sized Enterprises in International Economic Law by : Thilo Rensmann
Download or read book Small and Medium-Sized Enterprises in International Economic Law written by Thilo Rensmann and published by Oxford University Press. This book was released on 2017-06-09 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: International economic law, with its traditional focus on large multinational enterprises, is only slowly waking up to the new reality of small and medium-sized enterprises (SMEs), entering the global marketplace. In the wake of the digital revolution, smaller companies now play an important role in the global economic landscape. In 2015 the UN expressly called for SMEs to have greater access to international trade and investment, and it is increasingly recognized that the integration of SMEs provides one of the keys to creating a more sustainable and inclusive global economy. As SMEs increasingly permeate transnational supply chains, so interactions between these companies and international economic law and policy proliferate. Small and Medium-sized Enterprises in International Economic Law offers the first comprehensive analysis of the interaction between SMEs and international economic law. This book presents a broad international perspective, gathering together contributions by leading experts from academia, legal practice, and international organizations. It opens up a field of enquiry into this so far unexplored dynamic and provide a touchstone for future debate. The analysis covers a broad spectrum of international trade and investment law focusing on issues of particular interest to SMEs, such as trade in services, government procurement, and trade facilitation. Diverse perspectives illuminate regional developments (in particular within the EU) and the implications of mega-regional free trade agreements. The essays also examine questions of legitimacy of global economic governance; in particular, concerns surrounding the threat posed to the interests of domestic SMEs by the growing liberalization of international trade and investment. These essays constitute essential reading for practitioners and academics seeking to navigate a previously neglected trend in international economic law.
Book Synopsis The Growth of Firms in Less-Developed Countries by : Fadil Sahiti
Download or read book The Growth of Firms in Less-Developed Countries written by Fadil Sahiti and published by Springer. This book was released on 2019-03-16 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to the microeconomics of growth among SMEs in less-developed countries. It begins with an overview of the Kosovo economy, and takes the case of Kosovo to explore the dynamics and determinants of firm growth. The author does this by exploring dynamics of firms' creation; survival and exit; organisational capabilities of firms; and looks at how external (environmental) factors affect firms' growth. The author pays special attention to innovation capabilities. This study makes a major contribution to European Studies by dealing for the first time with economic development in Kosovo. This book will be of relevance to development specialists including policy makers, researchers, consultants, students, and field staff of donor organisations active in Kosovo, the wider Balkan region and other low-income countries. It will also be of value to policy makers working in fields of economic development, entrepreneurship, industrial policy and innovation policy, and European and EU studies.
Book Synopsis What is the Impact of Increased Business Competition? by : Sónia Félix
Download or read book What is the Impact of Increased Business Competition? written by Sónia Félix and published by International Monetary Fund. This book was released on 2019-12-13 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.
Book Synopsis Private Sector Job Creation in MENA: Prioritizing the Reform Agenda by : Mr.Benedicte Baduel
Download or read book Private Sector Job Creation in MENA: Prioritizing the Reform Agenda written by Mr.Benedicte Baduel and published by International Monetary Fund. This book was released on 2019-09-27 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the extent to which firms in selected MENA countries reported being constrained by the business environment around the time of the Arab Spring and the extent to which these constraints affected their employment performance. The results suggest that small firms in MENA faced more structural constraints than similar firms in other regions. We also find that MENA firms’ weaker job creation can be explained in great part by the macroeconomic environment and structural constraints. Low GDP growth, falling external competitiveness, corruption, lack of access to finance and poor access to electricity are found to explain a significant part of the lack of employment growth in MENA firms compared to their peers.
Book Synopsis Emerging Market Firms in the Global Economy by : Chinmay Pattnaik
Download or read book Emerging Market Firms in the Global Economy written by Chinmay Pattnaik and published by Emerald Group Publishing. This book was released on 2014-11-07 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: The adoption of pro-market economic reforms by emerging market economies in last two decades has transformed the institutional context for firms in these economies. The objective of this volume is to better understand how domestic and foreign firms have transformed their strategy, organization and management system in response to this change.
Book Synopsis Economics Of Small Business, The: An Introductory Survey by : Roger A Mccain
Download or read book Economics Of Small Business, The: An Introductory Survey written by Roger A Mccain and published by World Scientific Publishing Company. This book was released on 2018-04-09 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This survey reviews research on the economics of small business, introducing key concepts for the understanding of the research, including some basic microeconomics, distribution functions, and concepts of entrepreneurship. Accessible to readers with elementary knowledge of economics and probability, the book is suitable as a text for an undergraduate course in the economics of small business. It also covers the economics of organization, the role of the family in small business, human capital and nonpecuniary motivation, together with the relationship of small business to entrepreneurship and growth. Public policy toward small business is discussed with an emphasis on the United States, together with comparisons and contrasts of many other countries.
Book Synopsis Economic Development and Entrepreneurship in Transition Economies by : Jovo Ateljević
Download or read book Economic Development and Entrepreneurship in Transition Economies written by Jovo Ateljević and published by Springer. This book was released on 2016-04-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contributes to a better understanding of entrepreneurship in transition economies. Current literature reflects the more traditional schools of thought on entrepreneurship, which are influenced by the Western perspective, and fail to fully address the scenario in transition economies. There is a broad consensus among academics, policy makers, and practitioners that a fundamental cause of difficulties experienced by most economies in transition has been the fact that reform has not been accompanied by the creation of new, private businesses, and particularly SMEs. This is especially evident in states created in Europe after the dissolution of the Soviet Union where many barriers, which were inherited from the old system, remain in place, thus inhibiting entrepreneurial progress in these countries despite a favorable political and economic environment. The contributions featured in this book focus on how much progress has been achieved so far with regard to these aspects, as well as identify which current barriers and issues still need to be resolved. Themes include innovation performance, financing, venture capital, educational factors, and entrepreneurial learning.
Book Synopsis Sustainable Business Performance and Risk Management by : Ruxandra Maria Bejinariu
Download or read book Sustainable Business Performance and Risk Management written by Ruxandra Maria Bejinariu and published by Springer Nature. This book was released on 2020-02-21 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Ruxandra Maria Bejinariu introduces an innovative approach related to improving the risk assessment process by using unexploited methods that have been mainly used in limited areas of business and identifying both threats and opportunities that can be generated as a result of risk materialization. The study can offer possibilities of improving the risk assessment process with a direct impact on increasing the organizations’ risk appetite and sustainable performance.
Book Synopsis OECD Studies on SMEs and Entrepreneurship Understanding Firm Growth Helping SMEs Scale Up by : OECD
Download or read book OECD Studies on SMEs and Entrepreneurship Understanding Firm Growth Helping SMEs Scale Up written by OECD and published by OECD Publishing. This book was released on 2021-11-17 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few small and medium-sized enterprises (SMEs) scale up, but these few fast growing firms are the major driver of new jobs added to OECD economies. This report helps policy makers get a grip on growth of those few SMEs by considering the transformation they undergo before, during and after their high-growth phase.
Book Synopsis Oil Booms and Business Busts by : Nimah Mazaheri
Download or read book Oil Booms and Business Busts written by Nimah Mazaheri and published by Oxford University Press. This book was released on 2016-05-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil Booms and Business Busts looks at how government policymaking shapes a puzzling phenomenon in economic development--the "curse" of natural resources. It investigates how oil and mineral wealth shapes a government's policies toward the business environment, entrepreneurs, and innovative activities. Other similar work either ignores the role of government policymaking in oil wealth, treats it as another effect of the rentier state, or dismisses it as illogical and incoherent. One might expect that in light of such abundances governments would encourage entrepreneurship and new businesses to compete and grow in the market, but Nimah Mazaheri shows that resource wealth instead incentivizes policymakers to focus on satisfying the interests of existing elites. They, more than oil-poor nations, institute barriers that impede the activities of domestic firms and entrepreneurs, with the result being unimpressive economic performance over the past half-century. This is the first book to examine how oil wealth affects non-elite actors who own the small and medium-sized firms that absorb a majority of the economic and labor force of these countries. Looking at two of the most important oil-producing countries in the world, Iran and Saudi Arabia, the book provides an original theory about the factors that shape a logic of policymaking in oil producing states. To extend his theory Mazaheri also looks at India, which is one of the world's main coal producers. He does this to show the effects of the gain and loss of a massive resource windfall on state policymaking toward the private sector. Ultimately Mazaheri argues that such policymaking impedes the development of a middle class and therefore democratization--a factor that can have overarching political repercussions for governmental stability.
Book Synopsis The Oxford Handbook of Structural Transformation by : Célestin Monga
Download or read book The Oxford Handbook of Structural Transformation written by Célestin Monga and published by . This book was released on 2019 with total page 741 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Oxford Handbook provides a critical assessment of the history, patterns, and strategies of economic transformation. It deals with major themes including policy issues, illuminating country experiences, and important debates on the respective roles of the market and the state.
