Description: SMEs, Growth, and Poverty

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SMEs, Growth, and Poverty

This Note explores the relationship between the size of the small and medium-size enterprise (SME) sector and economic growth and poverty reduction. A new study finds no support for the widely held belief that SMEs promote higher growth and lower...

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Bibliographic Details
Main Authors:	Beck, Thorsten, Demirgüç-Kunt, Asli
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	BUSINESS ENVIRONMENT COMPANY COMPARATIVE ADVANTAGE DEVELOPING COUNTRIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIES OF SCALE EMPIRICAL EVIDENCE EMPLOYMENT ENTREPRENEURS ENTREPRENEURSHIP FIRM SIZE FIRMS FIXED COSTS INCOME INNOVATION INTERNATIONAL DONORS LABOR FORCE LARGE ENTERPRISES MEDIUM ENTERPRISES PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS SMALL ENTERPRISES SMALL FIRMS SME DEVELOPMENT SME EMPLOYMENT SME POLICIES SME SECTOR TRANSACTION COSTS WAGES
Online Access:	http://documents.worldbank.org/curated/en/2004/02/5108822/smes-growth-poverty http://hdl.handle.net/10986/11278

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Summary:	This Note explores the relationship between the size of the small and medium-size enterprise (SME) sector and economic growth and poverty reduction. A new study finds no support for the widely held belief that SMEs promote higher growth and lower pover ty. But it does provide some support for the view that the quality of the business environment facing all firms, large and small, influences economic growth.