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...

Using a survey dataset of Chinese rural households, we find that access to external finance is positively associated with the decision to become entrepreneur, the initial investment for microenterprises and the use of external finance. Also, we find that the use of informal finance is positively...

To grow or not to grow? This is not a rhetorical question for Tamara Popa, the co-owner and Executive Director of VM-Plumcom Ltd. Clearly it is the former part of the question that is on Tamara's agenda. The challenge thus is how to grow, a challenge that has been amplified for the last couple...

Reviews theories of growth and change concerning small manufacturing firms. Stochastic, stage, and strategic models of firm growth are considered, as well as the importance of the spatial dimension for the small firm, entrepreneurial personality, and an analysis of social perspectives based on...

In Making Payroll: Big Data on Small Business Payroll Growth and Volatility, we provide a new look at the employment challenges small businesses continue to face through the lens of payroll, growth, and volatility in this critical sector. Leveraging data from over 45,000 anonymized Chase small...

In this study, using a unique firm-level survey database, I investigate which firm constraints in the business environment directly affect growth for over 15,000 mostly small- and medium-sized firms in 30 Eastern European and Central Asian countries. I also examine how financing constraints...

Purpose - The purposes of this paper are to review the streams of studies that link financial inclusion to small enterprise growth in Sub-Sahara Africa (SSA), to identify the research gaps they provide, and to prepare an agenda for future research in the field. Design/methodology/approach - The...