Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy. Edited by Z. Acs, B. Carlsson and C. Karlsson

Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy. Edited by Z. Acs, B.... 342 Book Reviews capital in the U.S., which is used by only 1000 to Innovation increases with firm size (above five 2000 of the nearly one million annual start-ups in employees) in a sample of SMEs. the U.S., and discusses the importance of infor- In the last chapter, Acs, Morck and Yeung relate mation and control. total factor productivity growth to firm size dis- Part III on job creation and destruction starts tribution and find a positive correlation between with a study by Haltiwanger of cyclical differences productivity growth and the industry share of large between small and large firms. Fifteen pages of firms. They consider a 1991 cross section which VAR decompositions will not appeal to most is unlikely to capture longer time trends, and readers, who will also not be surprised by the favour a Schumpeterian explanation which is not result that small and young firms have the highest entirely consistent with all the claimed benefits rates of job creation and destruction. In mature from entrepreneurship emphasised by many plants only, job destruction exhibits more cyclical authors including the editors! volatility than job creation. Davidson, Lindmark Overall this volume is better focused than many and Olofsson provide http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Small Business Economics Springer Journals

Entrepreneurship, Small and Medium-Sized Enterprises and the Macroeconomy. Edited by Z. Acs, B. Carlsson and C. Karlsson

Loading next page...
 
/lp/springer_journal/entrepreneurship-small-and-medium-sized-enterprises-and-the-vCG0VOnkEn
Publisher
Springer Journals
Copyright
Copyright © 1999 by Kluwer Academic Publishers
Subject
Business and Management; Management; Microeconomics; Entrepreneurship; Industrial Organization
ISSN
0921-898X
eISSN
1573-0913
D.O.I.
10.1023/A:1008179905234
Publisher site
See Article on Publisher Site

Abstract

342 Book Reviews capital in the U.S., which is used by only 1000 to Innovation increases with firm size (above five 2000 of the nearly one million annual start-ups in employees) in a sample of SMEs. the U.S., and discusses the importance of infor- In the last chapter, Acs, Morck and Yeung relate mation and control. total factor productivity growth to firm size dis- Part III on job creation and destruction starts tribution and find a positive correlation between with a study by Haltiwanger of cyclical differences productivity growth and the industry share of large between small and large firms. Fifteen pages of firms. They consider a 1991 cross section which VAR decompositions will not appeal to most is unlikely to capture longer time trends, and readers, who will also not be surprised by the favour a Schumpeterian explanation which is not result that small and young firms have the highest entirely consistent with all the claimed benefits rates of job creation and destruction. In mature from entrepreneurship emphasised by many plants only, job destruction exhibits more cyclical authors including the editors! volatility than job creation. Davidson, Lindmark Overall this volume is better focused than many and Olofsson provide

Journal

Small Business EconomicsSpringer Journals

Published: Sep 30, 2004

There are no references for this article.

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off