What is it about?
The SME literature is dominated by a growth perspective, but most small firms do not grow. We examine some of the reasons for firms staying small.
Why is it important?
Given that most small firms stay small and don't grow, it is odd that the literature seems to focus on growth. In fact growing firms are exceptional. But this not to say that small firms are not important, far from it! The typical firm may not employ many staff, but if we consider the sector as a whole, these small firms make s very significant to contribution to employment, taxes and local development. These were the reasons that prompted Farid and I to look at these data about small firms owners' attitudes and views. Their independence stood them in good stead for coping, but also acts to deter growth. We argue this is a unique feature and worth investigating to get to know more about small firms. Alistair
The following have contributed to this page: Distinguished Professor Alistair Anderson