Research by the United Nations University World Institute for Development Economics Research shows that the small enterprise sector by itself will not create successful economic growth. Without supporting local-level institutions, a surrounding context of successful large enterprises and facilitative overall demand conditions, significant and sustained Small and Medium Enterprise (SME) growth is unlikely.
Recent experience points to the centrality of small-enterprise systems for both micro- and macro- level success and a wide range of possible organizational and ownership forms. Local and regional governments play a vital role in stimulating SME growth, including creation of a local finance system and directly para-entrepreneurial functions (sometimes including equity ownership), consistent with the local development state model.
This unique book explores the complex relationship between the growth of the SME sector and the current policies and institutional, historical and cultural forces that shape its fate.
'This informative collection surveys the emergence of small and medium-sized enterprises (SMEs) in transitional economies...the reader who delves further into the individual case studies will find a variety of experiences, which presents us with puzzles and invite further empirical testing...In sum, there is much to learn from these careful case studies.' - Judith Thornton, University of Washington, Europe-Asia Studies
'...the editors Bruno Dallago and Robert McIntyre managed to mobilize several excellent specialists of the post socialist small business development with success. It became clear from the essays that the participants of this project had accumulated great knowledge of transitional economies and the development of the SME sector.' - Mihály Laki, Acta Oeconomica, Periodical of the Hungarian Academy of Sciences
List of Tables and Figures
List of Contributors
Preface
Acknowledgements
List of Abbreviations and Acronyms
Small Enterprises in Transition Economies: Causal Puzzles and Policy-Relevant Research; R.J.McIntyre
The Historical Role of the SME Sector in Developing and Developed Capitalist States; Z.J.Acs
The Complex Ecology of Small Enterprise Systems; R.J.McIntyre
Small Business, Survival Strategies and the Shadow Economy; S.Glinkina
Entrepreneurship and Proprietorship in Transition: Policy Implications for the SME Sector; R.Scase
SME Development in Hungary: Legacy, Transition and Policy; B.Dallago
SME Development in Poland: Policy and Sustainability; A.Surdej
The Development of Small Entrepreneurship in Russia; V.Radaev
Ownership Reform in the Absence of Crisis: China's Township, Village and Private Enterprises; L.Sun
Transition to a Market and Entrepreneurship: Systemic Factors and Policy Options; G.W.Kolodko
Privatization Approaches: Effects on SME Creation and Performance; M.Uvalic
The Role of Financing in the Growth of the SME Sector: The Case of Hungary; L.Csaba
Conclusions: The Role of Public Policy in SME Development; B.Dallago & R.J.McIntyre
ROBERT J. MCINTYRE is Professor of Economics and Senior Researcher at the Institute for International Economic and Political Studies, Russian Academy of Sciences, Moscow, and directs the Local Economic Development in Transition project at the Massachusetts Institute for Social and Economic Research. He has published numerous articles and books, including Reproductive Behaviour: Central and Eastern European Experience and Bulgaria: Politics, Economics and Society.
BRUNO DALLAGO is Professor of Political Economy and Comparative Economic Systems at the University of Trento, Italy and Director of the Masters in Local Development for the Balkans. He is the author and editor of numerous books and articles and has been a consultant to many international organizations.
Description
Research by the United Nations University World Institute for Development Economics Research shows that the small enterprise sector by itself will not create successful economic growth. Without supporting local-level institutions, a surrounding context of successful large enterprises and facilitative overall demand conditions, significant and sustained Small and Medium Enterprise (SME) growth is unlikely.
Recent experience points to the centrality of small-enterprise systems for both micro- and macro- level success and a wide range of possible organizational and ownership forms. Local and regional governments play a vital role in stimulating SME growth, including creation of a local finance system and directly para-entrepreneurial functions (sometimes including equity ownership), consistent with the local development state model.
This unique book explores the complex relationship between the growth of the SME sector and the current policies and institutional, historical and cultural forces that shape its fate.
Reviews
'This informative collection surveys the emergence of small and medium-sized enterprises (SMEs) in transitional economies...the reader who delves further into the individual case studies will find a variety of experiences, which presents us with puzzles and invite further empirical testing...In sum, there is much to learn from these careful case studies.' - Judith Thornton, University of Washington, Europe-Asia Studies
'...the editors Bruno Dallago and Robert McIntyre managed to mobilize several excellent specialists of the post socialist small business development with success. It became clear from the essays that the participants of this project had accumulated great knowledge of transitional economies and the development of the SME sector.' - Mihály Laki, Acta Oeconomica, Periodical of the Hungarian Academy of Sciences
Contents
List of Tables and Figures
List of Contributors
Preface
Acknowledgements
List of Abbreviations and Acronyms
Small Enterprises in Transition Economies: Causal Puzzles and Policy-Relevant Research; R.J.McIntyre
The Historical Role of the SME Sector in Developing and Developed Capitalist States; Z.J.Acs
The Complex Ecology of Small Enterprise Systems; R.J.McIntyre
Small Business, Survival Strategies and the Shadow Economy; S.Glinkina
Entrepreneurship and Proprietorship in Transition: Policy Implications for the SME Sector; R.Scase
SME Development in Hungary: Legacy, Transition and Policy; B.Dallago
SME Development in Poland: Policy and Sustainability; A.Surdej
The Development of Small Entrepreneurship in Russia; V.Radaev
Ownership Reform in the Absence of Crisis: China's Township, Village and Private Enterprises; L.Sun
Transition to a Market and Entrepreneurship: Systemic Factors and Policy Options; G.W.Kolodko
Privatization Approaches: Effects on SME Creation and Performance; M.Uvalic
The Role of Financing in the Growth of the SME Sector: The Case of Hungary; L.Csaba
Conclusions: The Role of Public Policy in SME Development; B.Dallago & R.J.McIntyre
Authors
ROBERT J. MCINTYRE is Professor of Economics and Senior Researcher at the Institute for International Economic and Political Studies, Russian Academy of Sciences, Moscow, and directs the Local Economic Development in Transition project at the Massachusetts Institute for Social and Economic Research. He has published numerous articles and books, including Reproductive Behaviour: Central and Eastern European Experience and Bulgaria: Politics, Economics and Society.
BRUNO DALLAGO is Professor of Political Economy and Comparative Economic Systems at the University of Trento, Italy and Director of the Masters in Local Development for the Balkans. He is the author and editor of numerous books and articles and has been a consultant to many international organizations.
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