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nations and Eastern Europe to identify the exact role of small firms, and how that role has evolved during the fifteen years … enterprises. The major challenge for political and economic reform in Central and Eastern Europe that emerges from these analyses … small firms in the economies of the United States and Western Europe (UK, West Germany, Netherlands, Portugal and Italy …
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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
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