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Are Small Firms Important? Their Role and Impact - Zoltan J. Acs

Are Small Firms Important? Their Role and Impact

By: Zoltan J. Acs (Editor), Stephen J. Ackermann (Editor)

Hardcover Published: 30th April 1999
ISBN: 9780792384151
Number Of Pages: 177

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Are Small Firms Important? Their Role and Impact proposes and supports the claim that small firms make two indispensable contributions to the economy. First, they are an integral part of the renewal process that pervades market economies. New and small firms play a crucial role in experimentation and innovation that leads to technological change, productivity and economic growth. Second, small firms are the essential mechanism by which millions enter the economic and social mainstream of American society. The public policy implications for sustained economic growth and social well-being is the continued high-level creation of new and small firms by all segments of society. It should be the role of government policy to facilitate that process by eliminating entry barriers, lowering transaction costs, and minimizing regulation.

The New American Evolutionp. 1
Small Firms and Efficiencyp. 21
Semiconductor Startups and the Exploration of New Technological Territoryp. 39
Entry, Innovation and Firm Growthp. 51
Small Business and Job Creation in the United States: The Role of New and Young Businessesp. 79
Small Business, Entrepreneurship, and Industrial Dynamicsp. 99
Women-Owned Businesses: Why Do They Matter?p. 111
Don't Call Me Small: The Contribution of Ethnic Enterprises to the Economic and Social Well-Being of Americap. 129
Evolution, Community, and the Global Economyp. 147
Small Businesses, Innovation, and Public Policyp. 159
Indexp. 169
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780792384151
ISBN-10: 0792384156
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 177
Published: 30th April 1999
Publisher: Springer
Country of Publication: NL
Dimensions (cm): 23.5 x 15.5  x 2.54
Weight (kg): 1.0