Drawing on studies and expertise from around the world, this book describes the transition from research to policy and covers the pre-requisites to successful new firm formation policies. At a time when a new firm formation is promoted by central and local government, business development agencies and the private sector, this book questions the economic dependence on small firms and explores the relevance of networking, information and advice.
There is a growing polarization in the international economy for companies to become either transnational corporations or small businesses. This dualism means the experience of the small business is quite different to that of a large corporation. The life of a small business is often shorter, riskier and more entwined with the personality of the entrepreneur. In this prestigious series, case-studies and the latest research are used to reveal the regional, national and international role of the small business.