Small Firm Growth in Developing Countries

Simeon Nichter and Lara Goldmark

World Development, 2009, vol. 37, issue 9, pages 1453-1464

Abstract: Summary Although the vast majority of small firms in developing countries never expand beyond a few employees, some experience rapid and substantial growth. This study explores factors associated with small firm growth. We discuss key findings for four types of factors: (1) individual entrepreneur characteristics; (2) firm characteristics; (3) relational factors (such as social networks or value chains); and (4) contextual factors (such as the business environment). We conclude by suggesting implications for development practitioners.

Keywords: microenterprise; small; firm; entrepreneur; growth; value; chains; business; environment (search for similar items in EconPapers)
Date: 2009

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Persistent link: http://EconPapers.repec.org/RePEc:eee:wdevel:v:37:y:2009:i:9:p:1453-1464

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