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To what extent do financial constraints act as conditioning factors on firm productivity? Is this impact different across firm size classes and across sectors and in what way is it different? We explore these issues for Morocco. We use firm level data, taken from two surveys of the World Bank...
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This paper investigates a model of endogenous product differentiation between large well established and small newly established firms. Small firms should have greater growth potential than large mature firms whose growth potential tapers off once they reach a certain size relative to the...
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growth in SMEs. The authors also analyse firm size and age as explicative variables of small and medium-sized enterprise (SME … certain level of profitability, this determinant positively impacts SME growth. Productivity influences positively the firm … growth. There is a positive effect of external debt on SME growth, which can be explained by the insufficiency of internally …
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Progress in telecommunications and infrastructure, coupled with liberalization in international organizations, has … introduced a number of new competitors to existing SMEs. This book analyzes strategic aspects of SME development that may help to …
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