 The Role of Small Firms in the Industrial Development and Transformation of CzechoslovakiaGerald A McDermott and Michal Mejstrik Small Business Economics, 1992, vol. 4, issue 3, 179-200 Abstract: This article presents an analysis of the role of small firms in the formation and reform of the Czechoslovak manufacturing sector. It attempts to give an understanding of the industrial structure formed under the past regime within the framework of the mass production paradigm. As manufacturing productivity gradually declined over the past 25 years and small firms have been virtually eliminated, systemic preference has been given to the development of large monopolies. Consequently, a monolithic coalition structure of enterprise managers, state bureaucrats, and political nomenklature has arisen and continues to present itself as a serious hindrance to economic transformation. While small firms have the potential to play a critical role in the democratic marketization of Czechoslovakia, current government preoccupation with the rapid privatization of the state sector risks damaging the development of a balanced distribution of firm size and, in turn, the revitalization of the society. Copyright 1992 by Kluwer Academic Publishers Date: 1992 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:kap:sbusec:v:4:y:1992:i:3:p:179-200 Ordering information: This journal article can be ordered from Access Statistics for this article Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch More articles in Small Business Economics from Springer |
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