Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy / Edition 1

Hardcover (Print)
Buy New
Buy New from BN.com
Used and New from Other Sellers
Used and New from Other Sellers
from $1.99
Usually ships in 1-2 business days
(Save 98%)
Other sellers (Hardcover)
  • All (6) from $1.99   
  • New (3) from $57.60   
  • Used (3) from $1.99   


By examining the functions of new firms and entrepreneurs in the economy, the essays in this volume make a fundamental contribution to our understanding of the macroeconomy. Each chapter clarifies the role of entrepreneurs in economic theory, the function of small and medium-sized enterprises that they found and build and the impact of the innovations introduced on employment, productivity and economic growth. The public policy implications of this process are clear. Countries that encourage entrepreneurship and free entry will have better macroeconomic performance than those that retard it. And a dynamic small and medium-sized enterprise sector requires addressing the issue of inadequate management competence and bridging the gap between large and small firms.
Read More Show Less

Editorial Reviews

From the Publisher
Review of the hardback: 'While recent years have seen a welcome growth of research into small companies and business start-ups, acadmeics still face the problem of getting a clear mental image of what exactly is under consideration … Research in small and medium-sized enterprises (SMEs) also faces some daunting problems of collecting and interpreting data … this collection of 13 papers is an impressive indication of the value of systematic analysis in this field … the substantive contributions [are] consistently well-written and often insightful … the key lesson that emerges is the need for caution when attempting grand generalisations … the volume is a testament to the principle that goos research should focus on interesting problems, even it the domain is complex and defies simplistic conclusions.' The Times Higher Education Supplement
Read More Show Less

Product Details

  • ISBN-13: 9780521621052
  • Publisher: Cambridge University Press
  • Publication date: 10/28/2002
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 416
  • Product dimensions: 5.98 (w) x 8.98 (h) x 1.06 (d)

Table of Contents

List of Contributors
1 The Linkages Among Entrepreneurship, SMEs and the Macroeconomy 3
2 Entrepreneurship and the Theory of the Firm 45
3 Entrepreneurship and Economic Restructuring: An Evolutionary View 79
4 Creative Destruction: Source or Symptom of Economic Growth? 97
5 Industry Structure, Entrepreneurship and the Macroeconomy: A Comparison of Ohio and Sweden, 1975-1995 137
6 Small Business Failure: Failure to Fund or Failure to Learn? 161
7 Capital Structure at Inception and the Short-Run Performance of Micro-Firms 186
8 Resource Allocation, Incentives and Control: The Importance of Venture Capital in Financing Entrepreneurial Firms 206
9 Job Creation and Destruction by Employer Size and Age: Cyclical Dynamics 239
10 SMEs and Job Creation During a Recession and Recovery 286
11 Job Flows of Firms in Traditional Services 310
12 Innovation in UK SMEs: Causes and Consequences for Firm Failure and Acquisition 329
13 Productivity Growth and Firm Size Distribution 367
Name Index 397
Subject Index 401
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)