Policy-makers have supported initiatives that enhance the competitiveness of small and medium-sized enterprises (SMEs). They have also encouraged more students to seek jobs in SMEs. This study assessed the contribution of the 1994 Shell Technology Enterprise Programme (STEP), which subsidized...

"Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six...

Contents: Preface -- 1. Business Creation: Wall Street and Main Street -- 2. Business Creation: Scope and Stability -- 3. Business Creation and Economic Growth: Churning is Good -- 4. New Firms are the Major Source of New Jobs -- 5. Different National Development: Different Business Creation --...