This paper investigates employment growth in small firms funded by the U.S. Small Business Innovation Research (SBIR) program. Using data collected by the National Research Council for each of five federal agencies, our analysis shows that on average over two-fifths of all projects retained 0...

In view of rapid changes in the international trade and the growing complexity of the global production system, this paper reviews the government’s small and medium enterprises (SME) policies in the manufacturing sector. It shows that despite the number of policies and programs to improve firm...

Public policy is currently shifting from SME policy towards entrepreneurship policy, which supports entrepreneurship without directing attention to quantitative goals and specific firms or employment groups. The institutional framework set by public policy affects the prevalence and performance...

Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but little is known about the quality of firms and jobs created through these reforms. To shed light on this question, we employ data from Portugal, a country which implemented one of...

There is little doubt that SMEs plays a vital role in development of an underdeveloped economy, but still this sector is facing multifarious problems relating to raw materials, power, land, marketing, transport, technical facilities, and finance etc and due to these constraints it is getting...

Our empirical analysis using an extensive database on the allocation of busi-ness subsidies in Finland during the years 20042008 finds that large firms are less likely to exit support system and more likely to continue receiving both support from one organization only and simultaneous support...

We use a comprehensive database concerning the application and allocation of business subsidies in Finland merged with the firm-level data comprising about 330 000 firms from the year 2004 to 2008. We find strong continuities in participation both within and between the different public support...

This paper provides an empirical investigation of the agency relationship between the public sector and small firms targeted for assistance by examining micro and macro data for a cross section of eligible women business enterprises (WBEs). Using hedonic sales and employment indices we find that...

La crise économique des années 1970 remet en cause l’intervention de l’Etat, en raison de l’intensification de la concurrence internationale, de l’apparition des nouvelles technologies de l’information et de la communication et de la globalisation des marchés financiers. Depuis les...

While much prior research has focused upon how the Technology Transfer Offices and other contextual characteristics shape the level of university spin-offs (USO), there is little research on entrepreneurial potential among individual academics, and to the best of our knowledge, no comparative...