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| Author: | Taymaz, E. |
| Title: | Are small firms really less productive? |
| Journal: | Small business economics
2005 : DEC, VOL. 25:5, p. 429-445 |
| Index terms: | efficiency innovation productivity small and medium-sized enterprises (smes) |
| Language: | eng |
| Abstract: | Small and medium-sized enterprises (SMEs) account for a large proportion of industrial employment, and production in almost all countries. Moreover, the recent literature emphasizes the role of SMEs play in nurturing entrepreneurship and generating new products and processes. Although SMEs could be a source of new ideas and innovations, there are substantial productivity differences between small and large establishments. This article analyzes three sources of productivity differentials: technical efficiency, returns to scale and technical change. |
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