Top

Small Business Economics

Published in:

01-03-2009

Functional dependence and productive dependence of SMEs

Authors: Joaquín Guzmán-Cuevas, Rafael Cáceres-Carrasco, Domingo Ribeiro Soriano

Published in: Small Business Economics | Issue 3/2009

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

This article analyzes the quality of business structure from a macroeconomic perspective in the regional context. In addition to “traditional” variables such as innovation, internationalization, or entrepreneurial collaboration, new variables have been introduced: functional dependence and productive dependence. Two different economic territories have been chosen within the Spanish economy: the province of Barcelona (high relative income per capita) and the province of Seville (low relative income per capita). We find it is possible to distinguish two types of firms: a) “product-maker” firms (mainly located in advanced areas) and b) “market-maker” firms (mainly located in less developed areas).

previous article Critical success factors for e-commerce entrepreneurship: an empirical study of Thailand

next article Entrepreneurship and innovation in Ghana: enterprising Africa

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Acs, Z. J. (1992). Small business economics: A global perspective. Challenge, 35, 38–44.

Acs, Z. J., & Audretsch, D. B. (2003). Innovation and technological change. In Z. J. Acs & D. B. Audretsch (Eds.), Hand book of entrepreneurship research (pp. 55–80). Dordrecht, The Netherlands: Kluwer.

Aghion, P., & Howit, P. (1992). A model of growth through creative destruction. Econometrica, 60, 323–351.CrossRef

Ang, J. (1991). The theory of small business uniqueness and financial management. Journal of Small Business Finance, 1, 1–13.

Audretsch, D., & Thurik, R. (2004). A model of the entrepreneurial economy. International Journal of Entrepreneurship Education, 2, 143–166.

Aujac, H. (1960). La hierarchie des industries dans un tableau des éxchanges interindustriels. Revue Ecónomique, XI, 169–238.

Birch, D. L. (1979). The job generation process. MIT Program on neighbourhood and regional change. Cambridge, MA: MIT Press.

Cáceres, F. R. (2001). Comercio Exterior y Estructuras Productivas de los Países de la UE: Convergencia y Asimetrías. Revista de Economía Mundial, 4, 207–225.

Carre, M., & Thurik, R. (2003). The impact of entrepreneurship on economic growth. In D. B. Audretsch & Z. J. Acs (Eds.), Handbook of entrepreneurship research (pp. 437–471). Boston: Kluwer.

Caves, R. E. (1971). International corporations: The industrial economics of foreign investment. Economica, 38, 1–27.CrossRef

Destinobles, A. G. (2006). El capital humano en las teorías del crecimiento económico. http://www.eumet.net. Accessed 1 November 2006.

Dubini, P. (1989). The influence of motivation and environment on business start-ups: Some hints for public policies. Journal of Business Venturing, 4, 11–26.CrossRef

Dunning, J. H. (1995). Revisión del paradigma ecléctico en una época de capitalismo de alianzas. Economía Industrial, 305, 15–32.

Durán, J. J. (2000). La inversión directa extranjera en el siglo XX. La persistente multinacionalización de la empresa. Revista de Economía Mundial, 3, 121–148.

Eisenhardt, K., & Schoonhaven, C. (1996). Resource-based view of strategic alliance formation: Strategic and social effects in entrepreneurial firms. Organization Science, 7, 136–150.CrossRef

European Commission. (2003). 2003/361/EC of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises. Official Journal L124 of 20.05.2003, 36–41.

Fageberg, J. (1988). International competitiveness. Economics Journal, 98, 335–374.

Feldman, M. P., & Audretsch, D. B. (1999). Innovation in cities: Science-based diversity, specialization and localized monopoly. European Economic Review, 43, 409–429.CrossRef

Florio, M. (1996). Large firms, entrepreneurship and regional development policy: growth poles in the Mezzogiorno over 40 years. Entrepreneurship and Regional development, 8, 263–295.CrossRef

Freel, M. S., & Harrison R. T. (2006). Innovation in the small firm sector: Evidenced from ‘Northern Britain’. Regional Studies, 40, 289–305.CrossRef

Freeman, C. (1975). La teoría económica de la innovación industrial. Barcelona: Alianza.

Fukuyama, F. (1995). Trust: Social virtues and the creation of prosperity. New York: Free Press.

Garofoli, G. (1994). Economic development, organization of production and territory. In G. Garofoli & A. Vázquez Barquero (Eds.), Organization of production and territory: Local models of development (pp. 8–27). Pavia: Universitá degli studi de Pavia.

Gereffi, G. (1999). International trade and industrial upgrading in the apparel commodity chain. Journal of International Economics, 48, 37–70.CrossRef

Grabher, G. (1993). Rediscovering the social in the economic of interfirm relation. In G. Grabher (Ed.), The embedded firm. On socioeconomics of industrial networks. London: Routledge.

Granovetter, M. (1992). Problems of explanation in economic sociology. In N. Nohria & R. G. Eccles (Eds.), Network and organization, structure form and action (pp. 25–56). Boston, MA: Harvard Business School Press.

Greeneway, D., Hine, R., & Miller, C. (1994). Country specific factors and the pattern of horizontal and vertical intraindustry trade in the U.K. Review of World Economics, 130, 77–100.

Grossman, G. M., & Helpman, E. (1991). Innovation and growth in the global economy. Cambridge, MA: MIT Press.

Guzmán, J., & Santos, J. (2001). The booster function and the entrepreneurial quality: An application to the province of Seville. Entrepreneurship and Regional Development, 13, 221–228.

Heckman, J. J., & Borjas, G. J. (1980). Does unemployment cause future unemployment: Definitions, questions, and answers from a continuous time model of heterogeneity and state dependence. Economica, 47, 247–283.CrossRef

Helpman, E., & Krugman, P. (1985). Market structure and foreign trade. Increasing returns, imperfect competition and the international economy. Cambridge, MA: MIT Press.

Hirschman, A. O. (1958). The strategy of economic development. London: Oxford University Press.

Instituto Nacional de Estadística. (2005). Directorio Central de Empresas (DIRCE). http://www.ine.es/inebmenu/mnu_empresas.htm. Accessed 15 December 2005.

Jiménez, M. A. (1996). La calidad como estrategia competitiva. Madrid: Tébar Flores.

Jones, A. P., Johnson, L. A., Butler, M. C., & Main, D. S. (1983). Apples and oranges: An empirical comparison of commonly used indices of interrater agreement. Academy of Management Journal, 26, 506–519.CrossRef

Keasey, K., & Watson, R. (1995). The bank financing of small unlisted firms in the UK: An analysis of recent conflicts. Journal of Small Business Finance, 4, 143–163.

Kent, C. A. (1982). Entrepreneurship in economic development. In C. A. Kent, D. L. Sexton, & K. H. Vesper (Eds.), Encyclopedia of entrepreneurship (pp. 341–366). Englewood Cliffs: Prentice-Hall.

Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22, 3–42.CrossRef

Lundvall, B. A. (1995). National system of innovation: Towards a theory of innovation and interactive learning. London: Pinter.

Manigart, S., Collewaert, V., Wright, M., Pruthi, S., Lockett, A., Bruining, H., Hommel, U., & Landstrom, H. (2007). Human capital and the internationalisation of venture capital firms. International Entrepreneurship and Management Journal, 3, 109–125.CrossRef

McMillan, J., & Woodruff, C. (2002). The central role of entrepreneurs in transition economies. Journal of Economic Perspectives, 16(3), 153–272.CrossRef

Molero, J. (2001). Innovación tecnológica y competitividad en Europa. Madrid: Síntesis.

Nadiri, I. N. (1993). Innovations and technological spillovers. NBER Working Paper 4423. Cambridge: National Bureau of Economic Research.

Nonaka, I., & Takeuchi, H. (1995). The knowledge creating company. How Japanese companies create the dynamics of innovation. New York: Oxford University Press.

Porter, M. (1985). Competitive advantage: Creating and sustaining superior performance. New York: Free Press.

Ribeiro, D. (2005). The new role of the corporate and functional strategies in the tourism sector: Spanish small and medium-sized hotels. Service Industries Journal, 25, 601–613.CrossRef

Romer, P. M. (1990). Endogenous technical change. Journal of Political Economy, 98, 71–102.CrossRef

Rothwell, R. (1986). The role of small firms in technological innovation. In J. Curran, J. Stanworth, & D. Watkins (Eds.), The survival of the small firm. Employment, growth, technology and politics (Vol. 2, pp. 116–117). Aldershot: Gower Publishing Company Limited.

Schultz, T. (1971). Investment in human capital. The role of education and of research. New York: Free Press.

Schumpeter, J. A. (1934). The theory of economic development. Harvard: Harvard University Press.

Schumpeter, J. A. (1959). Capitalism, socialism and democracy. New York: Harper and Row.

Siegel, S., & Castellan, J. N. (1988). Nonparametric statistics for the behavioral sciences (2nd ed.). New York: McGraw-Hill.

Soete, L. (1987). The impact of technological innovation on international trade patterns: The evidence reconsidered. Research Policy, 16, 101–130.CrossRef

Solow, R. M. (1957). Technical change and the aggregate production function. Review of Economics and Statistics, 39, 312–320.CrossRef

Stiglitz, J. E., & Weiss, A. (1987). Credit rationing with many borrowers. American Economic Review, 77, 228–231.

Storey, D. J. (1988). The role of small and medium-sized enterprises in Europe job creation. In M. Giaotzi, P. Nijkam, & D. J. Storey (Eds.), Small and medium-sized enterprises and regional development (pp 140–160). London: Routlege.

Storey, D. J. (1994). Understanding the small business sector. London: Routledge.

Tidd, J., Beassant, J., & Pavitt, K. (1997). Managing innovation. Integration technological, market and organizational change. Chichester: Wiley.

US Census Bureau. (2006). US sectors. http://www.census.gov/csd/susb/susb03.htm. Accessed 1 February 2007.

Vernon, R. (1966): International trade and international investment in the product cycle. Quarterly Journal of Economics, 83, 190–207.CrossRef

Vespargen, B. (1992). Endogenous innovation in neo-classical growth models: A survey. Journal of Macroeconomics, 14, 631–662.CrossRef

Wennekers, S., & Thurik, R. (1999). Linking entrepreneurship and economic growth. Small Business Economics, 13, 27–55.CrossRef

Willianson, O. E. (1975): Markets and hierarchies: Analysis and antitrust implications. New York: Free Press.

Womack, J., & Jones, D. (1996). Lean thinking: Banish waste and create wealth in your corporation. New York: Simon Schuster.

Wynarczyk, P., & Watson, R., (2005). Firm growth and supply chain partnerships: An empirical analysis of UK SME subcontractors. Small Business Economics, 34, 39–51.CrossRef

Zampetakis, L. A., & Moustakis, V., (2006). Linking creativity with entrepreneurial intentions: A structural approach. International Entrepreneurship and Management Journal, 2, 413–428.CrossRef

Title: Functional dependence and productive dependence of SMEs
Authors: Joaquín Guzmán-Cuevas
Rafael Cáceres-Carrasco
Domingo Ribeiro Soriano
Publication date: 01-03-2009
Publisher: Springer US
Published in: Small Business Economics / Issue 3/2009
Print ISSN: 0921-898X
Electronic ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-008-9115-0

Springer Professional

Abstract

Please log in to get access to your license.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Other articles of this Issue 3/2009

Entrepreneurship and innovation in Ghana: enterprising Africa

The impact of knowledge management on innovation and entrepreneurship in the biotechnology and telecommunications industries

Linking globalization of entrepreneurship in small organizations

Job satisfaction and commitment in the entrepreneurial SME

The responsiveness of entrepreneurs to working time regulations

Critical success factors for e-commerce entrepreneurship: an empirical study of Thailand

Premium Partner