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Looks at small enterprise development in the context of historical patterns of African industrialization and aims to provide a framework for assessment of key policies and their effects on small enterprise development.
Discusses the process of designing and implementing national policies that give priority to small enterprise development. Deals with regulatory reforms, agents of change in financial services, and innovations to improve the competitive potential of small enterprises.
A new movement is afoot that promises to save the world by applying the magic of the market to the challenges of social change. But in this hard-hitting, controversial exposé, Michael Edwards shows that business is ill-equipped to attack the causes of poverty, inequality, violence, and discrimination. Achieving fundamental social transformation requires cooperation rather than competition, collective action more than individual effort, and support for long-term, systemic solutions instead of immediate results. With a vested interest in the status quo, business can promise only limited advances: small change. It's time to turn away from the false promise of the market and reassert the independence of global citizen action.
Micro and small enterprises (MSEs) have been recognized as a major contemporary source of employment and income in a growing number of developing countries. Yet, relatively little is known about the characteristics and patterns of change in these enterprises. This volume examines the dynamics of MSEs in the development process. Drawing on a unique set of surveys conducted in twelve countries in Africa and Latin America the authors map the patterns of change in MSEs in the developing world. Subjects covered include: * significance of new start and closure rates of MSEs * factors involved in expansion rates and growth patterns of MSEs * the role of gender in MSEs evolution.
The Report of the Committee of Inquiry on Small Firms (the Bolton Committee Report) was produced at a time of significant political change. The 1970s in the UK saw the beginning of the end for interventionism and ‘big government’ and the emergence of a new free market, economic liberalism. However, the same period also saw the creation of what became a substantial agenda to intervene in the economy through an extensive range of government initiatives aimed at encouraging and enabling small firms and entrepreneurship. Marking the 50th Anniversary of the publication of the Bolton Committee’s report this book provides researchers with new insights into the tensions between these potentially contradictory political agendas that would come to shape our modern economy. It provides the first in-depth analysis of the origins, operation and outcomes of the Bolton Committee, which is widely seen as responsible for the small firm agenda in the UK. In doing so, new insights are generated not only into the birth of enterprise policy in the UK but into the wider changes in political economy that saw powerful tensions between free market rhetoric and new forms of interventionism in practice. The book will be of interest to scholars and PhD students working in the fields of entrepreneurship, small business management and business history.
It is not widely understood that the importance of small businesses only became apparent with the publication of David Birch’s book The Job Generation Process in 1979. Over the past four decades, governments across the globe have struggled to design, implement and evaluate policies that benefit the development of small firms. Deciding whether macro or micro policies are more appropriate for a given context has usually created an initial challenge for policy-makers. However, a cause for even greater dispute has been determining and agreeing what might be the preferred outcomes of such policies (e.g. more firms, better performing firms, fewer firm failures, job creation, greater productivity, higher levels of innovation, inclusivity of disadvantaged groups). Furthermore, evaluating the impact of specific policies presents a wide range of difficulties since it is impossible to isolate a simple cause-and-effect relationship between policy and its stated goal. This book explores the development of small business policy in five countries across five continents and seeks to develop a deeper understanding regarding how small business policy has evolved in these countries and what we might learn from their experiences. This book was originally published as a special issue of Small Enterprise Research.
This text provides a comprehensive introduction to small businesses, the changing business environment in which they emerge and operate, the nature of entrepreneurship and the practical business of managing a small firm.
Small and medium-sized enterprises (SMEs) and entrepreneurs have been hit hard during the COVID-19 crisis. Policy responses were quick and unprecedented, helping cushion the blow and maintain most SMEs and entrepreneurs afloat. Despite the magnitude of the shock, available data so far point to sustained start-ups creation, no wave of bankruptcies, and an impulse to innovation in most OECD countries.