Firm Size and Efficiency A. J. Menkveld in Innovation: Reply A. R. Thurik Economic activity moved away from large firms us with four more reasons as to why this shift has to small, predominantly young firms in the 1970s occurred: the increase of labour supply; changes and 1980s. Acs and Audretsch (1993) and in consumer tastes; relaxation of (entry) regula- Carlsson (1992) show evidence of manufacturing tions and the fact that we are in a period of industries in countries in varying stages of creative destruction. Loveman and Sengenberger economic development Carlsson mentions two (1991) stress the influence of two trends of indus- explanations for this shift. The first deals with fun- trial restructuring: that of decentralisation and damental changes in the world economy from the vertical disintegration of large companies and that 1970s onwards. These changes relate to the of the formation of new business communities. increase of global competition, the rising degree Furthermore they emphasize the role of public and of uncertainty and the growth in market fragmen- private policies promoting the small business tation. The second deals with changes in the sector. character of technological progress. He shows that The question whether this change of the
Small Business Economics – Springer Journals
Published: Sep 30, 2004
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
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
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.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera