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By examining the functions of new firms and entrepreneurs in the economy, the essays in this volume make a fundamental contribution to our understanding of the macroeconomy. Each chapter clarifies the role of entrepreneurs in economic theory, the function of small and medium-sized enterprises that they found and build and the impact of the innovations introduced on employment, productivity and economic growth.
The public policy implications of this process are clear. Countries that encourage entrepreneurship and free entry will have better macroeconomic performance than those that retard it. And a dynamic small and medium-sized enterprise sector requires addressing the issue of inadequate management competence and bridging the gap between large and small firms.
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Previews available in: English
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Entrepreneurship, small and medium-sized enterprises, and the macroeconomy
1998, Cambridge University Press
in English
0521621054 9780521621052
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Edition Notes
Includes bibliographical references and index.
"The selections in this volume are edited versions of papers presented at an international conference ... at Jönköping International Business School, Jönköping, Sweden on June 13-15"--P. vii.
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