SMEs, Growth, and Poverty

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
Format: Viewpoint
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
Description
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.

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