Introduction

Fabrizio Traù
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Fabrizio Traù: Research Department of the Confederation of Italian Industries

A chapter in Structural Macroeconomic Change and the Size Pattern of Manufacturing Firms, 2003, pp 1-6 from Palgrave Macmillan

Abstract: Abstract In the early 1980s a growing body of literature began to draw the attention of economic analysts and policy-makers to the “new” role played by small businesses in the context of industrial production. The developments of the literature on the matter – not always supported by reliable empirical evidence – led quickly to the establishment of a new standpoint, which viewed the phenomenon as a sharp reversal of the previous trend towards the concentration of production activities within giant enterprises, which would herald a future characterized by an increased role for small-scale production. By the end of the century a widespread belief had grown among many institutions and a growing number of scholars that the industrial system was probably to be considered as being at the outset of a new era of small, customer-oriented manufacturing activities which would quickly sweep away the remnants of the mass production system.1

Keywords: Size Structure; Business Unit; Business Firm; Bretton Wood System; Advanced Industrial Country (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-4395-8_1

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DOI: 10.1057/9781403943958_1

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