Audretsch, David B; Thurik, A R Roy; Van Leeuwen, Geroge - C.E.P.R. Discussion Papers - 1995
The purpose of this paper is to shed some light on why so many smaller-scale firms which have traditionally been classified as sub-optimal scale firms can exist. We suggest that by pursuing a strategy of compensating factor differentials, that is by remunerating and deploying factors of...