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  3. Small Firms in Regional Economic Development
  • Cited by 29
Publisher:
Cambridge University Press
Online publication date:
October 2011
Print publication year:
1985
Online ISBN:
9780511898396
DOI:
https://doi.org/10.1017/CBO9780511898396
Subjects:
Geography, Planning and Urban Geography
Information

Book description

Major changes have taken place in the attitude of governments towards small firms. Public encouragement of the small firm is not, however, without its pitfalls and in this collection of essays (first published in 1985) the contribution of small businesses to economic development is assessed in a number of different localities. The authors show that public policies designed to influence a wide variety of small businesses are doomed to failure. Entrepreneurial independence, contrasting regional prosperity and the variable rate of response to central policy initiatives are amongst the factors mitigating against the success of such a policy. The small business is not to be seen as a panacea for solving the economic development problems of areas suffering from high rates of unemployment, and their overall conclusion is that assistance to small firms should be more selective than is customarily the norm.

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