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Author: Galen Spencer Hull
Publisher: Routledge
ISBN: 1136530991
Category : Business & Economics
Languages : en
Pages : 298
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Book Description
First published in 1999. Small businesses now constitute the most dynamic element of growth in the emerging markets of the Central and Eastern European region. This book argues that the small and medium sized enterprise (SME) sector has contributed more to the growth of these countries in transition than have privatized state enterprises and the public sector. In 1989 most of the countries of Eastern and Central Europe were still under an economic system dominated by state-owned enterprises. Since then a process of liberalization has been unleashed to promote free market policies. This has involved programs of privatization and restructuring of public enterprises, as well as the promotion of policies to enable a private sector to develop. Small businesses are creating thousands of new jobs while large companies are "retrenching and downsizing" their work force. In some countries of the region this process is much further along than in others. However, the SME sector has developed at a more rapid pace than has the privatization of the large public companies. There has been a flurry of new enterprises springing up throughout the region which are "trickling up" in a frequently hostile environment against tremendous odds, and yet managing to have a pronounced impact on their respective economies. Small businesses have taken over in sectors that used to be dominated by big enterprises, primarily in services and consumer products. They have provided a crucial outlet for pent-up entrepreneurial talent that had remained dormant during the long period of state domination. This work urges legislators, policy-makers, and development agencies alike to take account of the importance of the SME's in their legislation and planning. Given a more favorable environment, these small businesses will provide even greater impetus for economic growth. Equally important is for entrepreneurs themselves to be convinced of the rightness of their path in societies that have traditionally looked down upon profit-seekers as unscrupulous and selfish. If the CEE region is to achieve its full potential of economic growth, policies and support mechanisms to promote the SME sector will be needed to assure a favorable environment.
Author: Galen Spencer Hull
Publisher: Routledge
ISBN: 1136530991
Category : Business & Economics
Languages : en
Pages : 298
Get Book
Book Description
First published in 1999. Small businesses now constitute the most dynamic element of growth in the emerging markets of the Central and Eastern European region. This book argues that the small and medium sized enterprise (SME) sector has contributed more to the growth of these countries in transition than have privatized state enterprises and the public sector. In 1989 most of the countries of Eastern and Central Europe were still under an economic system dominated by state-owned enterprises. Since then a process of liberalization has been unleashed to promote free market policies. This has involved programs of privatization and restructuring of public enterprises, as well as the promotion of policies to enable a private sector to develop. Small businesses are creating thousands of new jobs while large companies are "retrenching and downsizing" their work force. In some countries of the region this process is much further along than in others. However, the SME sector has developed at a more rapid pace than has the privatization of the large public companies. There has been a flurry of new enterprises springing up throughout the region which are "trickling up" in a frequently hostile environment against tremendous odds, and yet managing to have a pronounced impact on their respective economies. Small businesses have taken over in sectors that used to be dominated by big enterprises, primarily in services and consumer products. They have provided a crucial outlet for pent-up entrepreneurial talent that had remained dormant during the long period of state domination. This work urges legislators, policy-makers, and development agencies alike to take account of the importance of the SME's in their legislation and planning. Given a more favorable environment, these small businesses will provide even greater impetus for economic growth. Equally important is for entrepreneurs themselves to be convinced of the rightness of their path in societies that have traditionally looked down upon profit-seekers as unscrupulous and selfish. If the CEE region is to achieve its full potential of economic growth, policies and support mechanisms to promote the SME sector will be needed to assure a favorable environment.
Author: Oliver Pfirrmann
Publisher: Springer Science & Business Media
ISBN: 3642574602
Category : Business & Economics
Languages : en
Pages : 323
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Book Description
Much of the research on transformation/transition in Central and Eastern European Countries (CEECs) focuses on macroeconomic issues (inflation, economic growth, employment ...). Little research has been devoted so far to microeconomic analysis. Recently the issue of new enterprises and firm founders has moved to the centre of economic and policy considerations. Readers of this book will learn about the role played by these firms in the transformation of central and eastern European countries. The book also includes contributions from Central and Eastern Europe on which little or no investigation has been performed until now (Yugoslavia, Romania, Slovakia).
Author: Galen Spencer Hull
Publisher: Routledge
ISBN: 1135676410
Category : Business & Economics
Languages : en
Pages : 228
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Book Description
First Published in 1999. Small Businesses Trickling Up in Central and Eastern Europe argues that micro-, small, and medium-sized enterprises in selected countries of Central and Eastern Europe (CEE) have been the key to economic growth rather than privatized large-scale enterprises. Small businesses have come to constitute the most dynamic element of growth in the emerging markets of the CEE region in the last decade. In 1989, most of the countries of the region were still under the political and economic domination of the Soviet Union. Since then a process of liberalization has been unleashed in the region to dismantle statist economic policies and replace them with free market policies. This has involved programs of privatization and restructuring of state-owned enterprises, as well as the promotion of policies to enable a private sector to develop. Small businesses are creating thousands of new jobs while large companies are retrenching and downsizing their workforce. In some countries of the region this process is much further along than in others. In each country, however, the small and medium enterprise (SME) sector has developed at a more rapid pace than has the privatization of the large public companies. The privatization of small and medium-sized state-owned enterprises has been rather more successful. With the economic transition there has been a flurry of new enterprises springing up throughout the region, some registered as legal entities but many micro-enterprises often remaining unregistered in the informal sector. Micro-enterprises are increasingly seen as an important element of this SME sector, although they were traditionally treated separately as belonging to the informal sector and a detriment to economic growth.
Author: Friederike Welter
Publisher: Edward Elgar Publishing
ISBN: 0857933531
Category : Business & Economics
Languages : en
Pages : 273
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Book Description
This unique Handbook explores the role of government in the development of entrepreneurship in countries where twenty years ago private enterprise was illegal or barely tolerated. The expert contributors reveal that government policy is one of the key influences on the external environment in which businesses develop, particularly in countries where it has been necessary to redefine the role of the state in relation to business development. They outline how government policy can also act as an enabling and/or a constraining force with respect to entrepreneurship development, particularly in relation to institutional change and the development of a market-based economy. This Handbook includes up-to-date information and analysis as to how entrepreneurship policies have evolved in the wider Europe, focusing on the challenges that arise in designing and implementing entrepreneurship policy. The Handbook of Research on Entrepreneurship Policies in Central and Eastern Europe excellently covers different facets of entrepreneurship policies in Central and Eastern Europe and will prove invaluable for academics, students and researchers of entrepreneurship and small business as well as policy studies. Policy makers will also find plenty of key insights and relevant information in this important resource.
Author: Zoltan J. Acs
Publisher: Cambridge University Press
ISBN: 9780521431156
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
This book analyses the relative importance of small firms in industrial economies. It brings together a series of studies spanning a spectrum of selected countries in developed Western nations and Eastern Europe to identify the exact role of small firms and how this role has evolved. A striking result which emerges is that a distinct and consistent shift away from large firms and towards small enterprises has occurred within the manufacturing sector of all Western countries, while the role of small firms in Eastern European nations has been remarkably restricted, and, indeed, all these countries have experienced a shift away from small firms. It is clear from this analysis that a major challenge for political and economic reform in Central and Eastern Europe is to create the strong entrepreneurial sector which exists in the West.
Author: Dr Paul Blokker
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409487776
Category : Business & Economics
Languages : en
Pages : 264
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Book Description
This book analyses the opportunities and barriers for youth entrepreneurship amid systemic change in Central and Eastern Europe. The authors cover different aspects of youth entrepreneurship and its contribution to the debate on youth unemployment in transition economies. The book discusses the wide-spread over-optimism regarding youth entrepreneurship, self-employment, and its impact on economic innovation and job creation, resulting from a disregard of critical contextual features and the characteristics of young entrepreneurs themselves. The authors give due acknowledgment of the importance of both factors and so fully understand the impediments to youth entrepreneurship, especially in a transition context. Furthermore, they seek to assess the opportunities and constraints of promotion policies in transition economies. Most importantly, the book provides the first empirical contribution to youth entrepreneurship in Central and Eastern Europe by offering a representative number of case studies. The book will be invaluable reading for scholars and students of transition and developing countries, particularly those with an interest in entrepreneurship.
Author: Council of Europe
Publisher: Council of Europe
ISBN:
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
Author: European Association for Comparative Economic Studies
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
An analysis of the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe, which investigates how far small and newly founded enterprises have compensated for losses in employment and contributed to economic recovery in Eastern Europe.
Author:
Publisher:
ISBN:
Category : American literature
Languages : en
Pages : 3310
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Book Description
Author:
Publisher:
ISBN:
Category : Comparative law
Languages : en
Pages : 712
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Book Description
