Ayyagari, Meghana; Demirguc-Kunt, Asli; Maksimovic, Vojislav - In: Small Business Economics 43 (2014) 1, pp. 75-99
This paper investigates the contribution of small firms to employment, job creation, and growth in developing countries …. While small firms (>20 employees) have the smallest share of aggregate employment, the small and medium enterprise sector … highest sales growth and employment growth, even after controlling for firm age. Large firms, however, have higher …