Die Mittelstandshypothese besagt, dass kleine und mittlere Unternehmen (KMU) im Verhält-nis zur bereits bestehenden Beschäftigung einen relativ höheren Beitrag zur Schaffung neuer sozialversicherungspflichtiger Arbeitsplätze leisten als Großunternehmen. Die Ergebnisse der Analyse von...

This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...

Worldwide 600 million jobs are needed over the next 15 years to keep employment rates at their current level. Governments, non-governmental organizations and donors spend on targeted programs and broader policies to enhance employment creation and the creation of new firms. Because most...

Myanmar's emergence from decades of isolation provides an opportunity to learn from the experiences of its neighbours to guide its economic transition and achieve strong and inclusive growth. The development of small and medium-sized enterprises (SMEs) is an effective mechanism in achieving...

Interventions designed to support small and medium enterprises (SMEs) are popular among policy makers, given the role SMEs play in job creation around the world. Business support interventions in low- and middle-income countries (LMICs) are often based on the assumption that market failures and...

SMEs play an important role in the development of regional innovative systems because of their potential to accept new technologies and show fast growing rates. There is an interdependence between emergence of fast growing SMEs ('gazelles') and innovative development of regions. High level of...

Traditionally women were cornered in the four walls of house, serving the family and upbringing the children. Her innate talent was often unnoticed, as her abilities were never given a reasonable chance of display, in the organized set up of economic activities. She was always overburdened with...

Over the past thirty years, a number of social entrepreneurs have managed to create fairly large social enterprises. Properly run and scaled, they can generate sufficient cash flow to support debt financing at manageable levels of risk and, depending on their business model and legal form, also...

Recognizing on one hand the importance of the MSE sector for growth and development of economies in the Pacific region and on the other, the financing constraints of the sector, we survey a group of MSEs in a Pacific island country and find that they may particularly be constrained by banks'...

It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta-analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms -- so-called Gazelles -- that are...