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008 100630s1996 xx ||||gr |0|| 0 eng d
100 1 _aCLAY, Nick
_941408
245 1 0 _aPublic policy towards small firms :
_bspreading the jam too thinly?
260 _aLondon :
_bRoutledge,
_cJune 1996
520 3 _aThis article considers the growing economic role and continued economic importance attached to the UK's small and medium sized enterprises (SMEs), a sector of the economy which is overlooked by commentators and economists.
520 3 _aThe rationale underlying the UK's 'SME policy' is outlined and placed in a European context. In particular, the authors carefully set out the arguments and evidence apparently supporting the view that small firms, in particular those currently expanding, are a key 'economic driver', creating jobs even during recessionary periods. As such, the SME sector deserves the emphasis currently placed upon it by the recent Conservative government as a focus of policy intervention.
520 3 _aHowever, with reinterpretation of the evidence such statements are carefully dismantled and shown to be somewhat of a cliche.
520 3 _aThe authors make clear their view that policy attention has focused on the wrong areas of the economy. Emphasis on developing a small firm sector has done little to improve the UK's long-term economic performance. Indeed, policy has exacerbated regional disparities in the economy, choked off productivity improvements and, above all, done little to bring down levels of unemployment and provide 'quality' jobs.
520 3 _aBy placing the UK experience in a European context, the authors claim that public money has been wasted on trying to encourage individuals to start up their own business on the grounds that (a) many would have turned to self-employment (as a result of economic conditions and the large-scale restructuring which has taken place over the last twenty years) with or without government intervention, and (b) policy intervention has been ineffective in assisting small firms to develop.
520 3 _aThe article concludes that if a small firm sector is to remain a component of government economic strategy, policy needs to address the issue of targeting those few firms likely to generate significant levels of economic activity.
700 1 _aCREIGH-TYTE, S.
_941409
700 1 _aSTOREY, D. J.
_941410
773 0 8 _tJournal of European Public Policy
_g3, 2, p. 253-271
_dLondon : Routledge, June 1996
_xISSN 13501763
_w
942 _cS
998 _a20100630
_b1421^b
_cDaiane
998 _a20100706
_b1101^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c34755
_d34755
041 _aeng