Book Review

Book Review Alan Hudges and David J. Storey (ed.) (1994). and the U.K. are microenterprises, and almost half Finance and the Small Firm, edited by London: of them are sole proprietorships, or partnerships Routledge. ISBN 0-415-10036-4. and not corporations. Thus most of the small firms are owner-controlled (or manager-owned). Even This collection of eight essays deals with the though Shailer (1993) indicates the irrelevance of subject of small business in the modern economy. organizational structure, further analysis in this These studies were prepared with support from the area is required. Economic and Social Research Council’s Small Empirical research in small-business economics Business Research Program, Barclays Bank, the has been rather sparse because the size distribu- Commission of the European Communities, and tion data was not available prior to the 1980s. The the [British] Department of Trade and Industry and Board of Governors of the Federal Reserve System the Rural Development Commission. The essays (Fed) and the Small Business Administration cover the main issues concerning small businesses (SBA) in the U.S. have sponsored two major in the United Kingdom. national surveys carried out in 1991 by the Small businesses are portrayed as the main Cambridge University Small Business Research drivers of economic Small Business Economics Springer Journals

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Kluwer Academic Publishers
Copyright © 1997 by Kluwer Academic Publishers
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
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