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| Tekijä: | Wren, C. Storey, D.J. |
| Otsikko: | Evaluating the effect of soft business support upon small firm performance |
| Lehti: | Oxford Economic Papers
2002 : APR, VOL. 54:2, p. 334-365 |
| Asiasana: | Companies by size Small business Econometrics Statistical methods Regression analysis Economic theory Models United Kingdom Europe |
| Vapaa asiasana: | SME |
| Kieli: | eng |
| Tiivistelmä: | This paper applies robust econometric techniques to assess the impact of publicly-provided subsidised soft business support on the performance of small and medium-sized enterprises (SMEs). It considers the assistance for consultancy advice provided towards marketing under the U.K. Enterprise Initiative, looking at its effect on sales turnover, employment and survival, and making explicit allowance for selection effects. It is found that the policy has no impact on the survival of smaller SMEs, and that it is most effective in the mid-range SMEs. Overall, the scheme has a substantial impact, but the paper draws attention to the possible displacement effects. |
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