Anzeige
Erschienen in:
1999 | OriginalPaper | Buchkapitel
Small Business, Entrepreneurship, and Industrial Dynamics
verfasst von : Bo Carlsson
Erschienen in: Are Small Firms Important? Their Role and Impact
Verlag: Springer US
Enthalten in: Professional Book Archive
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Most firms are small and don’t grow very much. Small firms have lower productivity and shorter life expectancy, pay lower wages, and provide fewer benefits and less employment security than large firms. They create a lot of new jobs, but they also often fail, so that their role as net creators of employment is unclear. Nevertheless, a strong argument can be made that small firms, especially entrepreneurial ones, are important — indeed, indispensable — for long-term economic growth and economic welfare.