On Enlarging Employment By Promoting Small Enterprises

Alan Hughes

Working Papers from Centre for Business Research, University of Cambridge

Abstract: This paper provides an overview of the role of Small and Medium Sized Enterprises (SMEs) in employment generation in both advanced and developing countries and a critique of the 'job generation' literature in both contexts. It sets out an analytical approach to the question of SME growth based on a synthesis of theories emphasising internal management and external market failures as growth inhibitors in SMEs. The paper emphasises the need for SMEs to develop efficient managerial and organisational strategies if sustained enterprise employment growth is to occur.

Keywords: Small and Medium-Sized Enterprises; Employment Generation; Management Organisation (search for similar items in EconPapers)
JEL-codes: M13 M21 O12 (search for similar items in EconPapers)
Date: 2000-09
Note: PRO-1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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