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The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
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, especially by means of weak technological capabilities. The present study has provided not only preliminary estimates on SME R … driving the SME in-house R&D activities. It shows that Indian SMEs continue to be vulnerable among all firms as they have the … three-step Censored Quantile Regression, this study has suggested a set of useful policy implications for enhancing SME R&D. …
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The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
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