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The Formation and Development of Mid-Sized Firms: What are Mid-Sized Firms?

Hideichiro Nakamura

Japanese Economy, 1992, vol. 21, issue 2, 21-52

Abstract: In 1961, while conducting a case study under the topic of "The Modernization of Small and Medium Firms," I noticed a group of firms that were emerging beyond the small and medium sizes. This phenomenon was not limited to just a few industries but could be found in almost all industries in manufacturing and distribution. So, based on a survey and research of forty firms in more than a dozen different industries, I defined as "mid-sized firms" (chuken kigyo) the third group of firms that were no small or medium firms but not yet large firms, identified the characteristics of these firms, and presented a hypothesis that these firms would be established in the industrial society of Japan and would continue to stay and even grow.

Date: 1992
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DOI: 10.2753/JES1097-203X210221

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