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1.
This paper analyses the re-emergence of small-scale production which has characterised the more recent phase of industrial development in Western countries, providing updated evidence about the phenomenon and focussing in particular the attention on Italy, where it has been assuming peculiar relevance.Data show that in the course of the '80s the main industrial European countries – with the notable exception of Germany – have experienced a further reduction in the average size of manufacturing firms, which was declining since the mid-'70s. Yet, in all of the countries concerned the increase of the relative "weight" in the employment shares of small enterprises is associated to an overall decline of employment levels in absolute numbers (smaller firm do not succeed in making up for the whole amount of job losses in the industrial sector).These trends appear particularly strong in the Italian manufacturing sector. In particular, a transition matrix drawn from a data-base of over 200,000 firms and data relative to birth and exit rates show that the rising importance of small firms in terms of employment (in particular within the range between 10 and 50 employees) has been linked to higher rates of growth with respect both to large enterprises and very small ones, as well as to a relatively higher "inertia" of their entry rates with respect to the latter. More specifically, data highlight a peculiarly low frequency of growing firms in the range including very small units (less than 5 employees); at the same time, such firms' exit rates do not show any tendency to be especially affected by the slowing down of economic activity in the late '80s. 相似文献
2.
This paper reviews the evolution of small and medium firms in Thailand in recent years. It shows that such firms did not preserve their share of total employment during the period 1987–96; indeed, their share fell from 60% to 52% over this period. Much of this decline was felt in the category of very small firms (with less than 10 workers). This aspect is explored further by looking at small firm employment shares in three sub-periods of varying overall economic growth rates. It is found that when overall economic growth is high, the share of small firms tends to contract possibly because many small firms become medium in size and others disband because their owners can find more remunerative employment in larger firms. In slower growth periods, the employment share of small firms appears to rise probably because larger firms may be taking in less new workers or even laying off workers. The paper also calculates productivity measures (technical efficiency and total factor productivity) and shows that different measures give different rankings by size of firm. 相似文献
3.
Obtaining environmental certification (such as the ISO-14,001) has become a status symbol for adopting greener practices for the corporate sector in emerging economies. Such certification can help improve the global visibility of firms and is mandated in international trade. This paper attempts to examine the impact of such certifications on technical efficiency of firms belonging to the manufacturing sector in India. In analyzing the impact of ISO Certification on technical efficiency, this paper uses data from the CMIE Prowess from 2007 to 2012. In the first step, the paper estimates technical efficiency for the sample firms and then examines the determinants of inter-firm differences in technical efficiency using firm specific characteristics. The results of this study conclude that there are substantial inter-firm differences in technical efficiency and they are systematically different based on firm age, firm size, debt capital, MNE affiliation, and ISO certification. ISO certification, especially maintaining the standards associated with it, turned out to be an important factor in making the firms achieve higher technical efficiency. In addition, the results of this study also confirm that firms that are ISO certified and doing R&D are better off in technical efficiency as compared to others. 相似文献
4.
The literature on foreign direct investment (FDI) has analysed the entry mode choice by multinational enterprises (MNEs) from several theoretical viewpoints. Nevertheless, previous studies have mainly focused on the behaviour of large and established MNEs while little attention has been given to small- and medium-sized firms.The paper aims at providing further empirical evidence on the role of firm size and international experience in influencing the ownership structure of FDI. The main hypothesis is that smaller firms, characterised by financial and managerial constraints, as well as firms lacking experience in managing foreign operations, suffer from a condition of adverse asymmetry in information costs, compared to their competitors. Therefore, they are forced to act prudently, minimising risk and thus preferring a less control arrangement of foreign subsidiaries.A binomial logistic model is developed with reference to manufacturing foreign direct investments undertaken by Italian firms in the period 1986–1993. 相似文献
5.
在全球产业结构经历深度调整的背景下,本文采集2005-2014年中国与东盟国家制造业企业的投入和产出数据,以企业作为决策单元,运用CCR模型测算这些国家制造业的技术效率,结果表明中国与东盟国家的制造业效率均较低,中国制造业效率相对而言低于大部分东盟国家;采用BCC模型进一步对制造业效率进行分解,结果发现纯技术效率低下是导致制造业效率不足的主因.最后,从转变发展方式、加强双方合作等方面提出促进中国与东盟国家制造业效率的相应对策. 相似文献
6.
近年来,互联网跨界经营和应用受到实务界和学术界的广泛热议,但鲜有文献从更为微观的产品视角深入探讨企业使用互联网对制造业产品升级的影响。本文通过匹配中国工业企业数据库和中国海关数据库,采用OLS、Probit以及Heckman选择模型,研究了互联网对企业产品横向升级的影响及内在机制。研究发现:(1)企业使用互联网能显著促进出口概率的增加以及技术复杂度的提升;(2)互联网对技术密集型企业和内资企业的技术复杂度提升效果更明显;(3)技术创新是打开互联网促进制造业产品升级这一“黑箱”的重要机制,而波特强调的成本领先优势在互联网环境下只是企业实现产品升级和获取竞争优势的必要条件。因此,加快推进互联网在高技术企业和内资企业的应用,加大对企业研发创新投入的支持力度,是实现中国制造业产品升级目标的关键。 相似文献
7.
Irish industrial policy makers have a long history of extensively using grant subsidies in order to encourage the creation of jobs in Irish manufacturing sectors. In this paper we empirically investigate the actual success of this strategy using sectoral level data on employment and grant payments over the period 1972–2000. Results from our empirical model of an employment growth equation confirm that grant provision has indeed played a significant role in creating employment. 相似文献
8.
This work explores and compares some basic properties of corporate growth process at both aggregate manufacturing level and
disaggregated sectoral levels. Using an extensive dataset on Italian manufacturing firms, we investigate which properties
of firm growth dynamics are robust under disaggregation. We compare the results obtained with three different definitions
of firm size, namely total sales, number of employees and value added. Our analysis suggests that while different sectors
are characterized by significant differences in firm size distributions, in the degrees of concentration and in the autoregressive
structure of the growth processes, there are also regularities which hold across all of them, such as the approximate unit
root nature of the growth process and the power exponential shape of the growth rates density. Together, these “stylized facts”
suggest challenging puzzles on the drivers of corporate growth and the resulting industrial structures. 相似文献
9.
John Rand 《Small Business Economics》2007,29(1-2):1-13
This paper examines the extent to which borrowing constraints restrict firm access to credit and identifies individual, firm,
and loan characteristics, which determine the cost of capital in Vietnamese manufacturing. Using direct information from a
Vietnamese enterprise survey the paper shows that between 14 and 25% of the enterprises are credit constrained, and these
enterprises would increase their debt holdings by between 40 and 115% if borrowing constraints were relaxed. Moreover, it
emerges that informal credit markets play an important role for fast growing firms. Enterprises do not appear to have the
necessary time to go through the many administrative difficulties in the formal credit system if they want to “seize the day”.
Finally, collateralized loans face larger interest rates, explained by the significant influence of “policy lending” in Vietnamese
credit markets. 相似文献
10.
创新绩效角度的战略性新兴产业发展实证研究——以新能源产业为例 总被引:1,自引:0,他引:1
文章以新能源产业为例,根据《战略性新兴产业分类》,从中国工业企业数据库遴选出归属该产业的企业。利用微观企业层面的大样本数据,对企业创新绩效进行综合性研究。基于面板Probit计量模型的估计结果表明:企业的R&D投入、出口与否和企业知识积累对企业的创新产出有明显正向效应。企业规模、企业资本密集度等因素对创新产出的重要性因所有制不同而不同。政府需要采取有针对性的政策来诱导企业尽可能多地进行R&D投入,扩大出口以及增加企业本身知识积累。 相似文献
11.
Firm Size and Innovation in European Manufacturing 总被引:2,自引:0,他引:2
The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction
of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for
different business strategies and innovation inputs connected to product and process innovations. The empirical analysis uses
innovation survey (CIS 2) data at the industry level for 22 manufacturing sectors, broken down in three firm size classes,
for eight European countries. Special attention is devoted to tackling the issues of possible endogeneity of the regressors
and of unobserved sectoral heterogeneity. The results – strengthening the findings of previous studies – show that product
and process innovations, though having some complementarities, are associated to different innovative inputs and strategies
pursued by firms. Systematic differences also emerge between the behaviour of large firms and SMEs.
相似文献
12.
This paper examines the relationships between profitability and firm size, and efficiency and firm size, based on firms in Upper Austria. There is considerable evidence suggesting that the average profitability of small enterprises exceeds that of large firms. However, productivity tends to be positively related to firm size. These empirical findings present something of a paradox.An earlier version was presented at the ICSB 36th World Conference on Small Business and Partnership, June 24–26, 1991, Vienna, Austria. The authors gratefully acknowledge the most helpful comments on and suggested improvements of this paper by Professor Robert E. Kuenne (Princeton University) and the participants of the ICSB World Conference. 相似文献
13.
《The World Economy》2018,41(6):1695-1721
In recent years, manufacturing servitisation has become a growing characteristic of global firms. Firms develop their service factors, to realise more values and increase their international competitiveness. China, as an important manufacturing centre of the world, has abundant manufacturers seeking for getting more involved in the international market. This paper makes use of detailed customs data and firm‐level data from China, to find how the servitisation in China affects the export durations of Chinese manufacturers. The results demonstrate that manufacturing servitisation input in China contributes to export performance. The service factors have become the important production factors in Chinese manufacturing enterprises. However, China is still at the primary stage of manufacturing servitisation, and Chinese manufacturing enterprises should pay more attention to the whole value chain and seek the transformation from a pure manufacturing enterprise to a service manufacturing enterprise. 相似文献
14.
The Confines of Stakeholder Management: Evidence from the Dutch Manufacturing Sector 总被引:2,自引:2,他引:0
Stakeholder theory is a pertinent example of a framework that has been stretched over many conceptual contexts and that has been applied to a wide variety of empirical phenomena. A pressing issue involves the scope of application of stakeholder theory, however, because it is not a comprehensive ethical scheme or problem-solving algorithm. We begin our search for the boundaries of stakeholder management by identifying a presently under-acknowledged yet major underlying assumption, notably that the approach is rooted in voluntary action and association. Building on this presumption, we argue that firm – stakeholder relationships are best to be understood in contractualist terms; i.e. as voluntary arrangements between two or more parties seeking mutual benefit. This assertion subsequently allows us to identify three boundary conditions applying to stakeholder theory: (1) the parties should be sufficiently autonomous; (2) their interests need to be alignable; and (3) they should be capableof living up to their commitments. We substantiate these criteria with evidence from a collective case study of buyer – supplier relationships in the Dutch manufacturing sector, demonstrating that the stakeholder management model fails when these boundary criteria are violated. 相似文献
15.
This paper studies how employment patterns and growth vary with establishment size in the Finnish manufacturing sector during the period 1980–94. The findings are compared with the predictions of alternative theories of firm growth. The paper also examines some aspects of job quality in different size categories, including wages, labour productivity, working hours, labour turnover and the persistence of jobs. According to the findings, small establishments create and destroy jobs relatively more than large establishments. In addition, in the smallest size categories both the share of gross job creation and the share of gross job destruction is larger than the share of employment. However, there is no clear relationship between establishment size and net employment change. Furthermore, after studying different aspects of job quality, we can conclude that the jobs offered by small and large establishments differ greatly in many respects and it is difficult to evaluate the total welfare effect. 相似文献
16.
本文运用随机前沿生产函数模型,根据中国2001-2009年30个省区的相关面板数据,对包含环境管制在内的影响FDI工业企业技术效率的因素进行了实证研究。研究发现基于效果衡量的环境管制对FDI工业企业的技术效率有着显著的正的影响,基于污染治理投入的环境管制对FDI工业企业的技术效率有着显著的负的影响,而且企业投入在污染治理投资中的比重越高则负面影响越大。区域技术创新能力、市场自由化程度以及对外开放程度,对FDI工业企业的技术效率也有着显著的正的影响。全国FDI工业企业的平均技术效率水平不高,虽然呈现出整体上升的趋势,但增长率却呈现出波浪下降的特点,并且在东部、中部与西部地区间呈现从高到低的阶梯性。 相似文献
17.
Carl Davidson Fredrik Heyman Steven Matusz Fredrik Sjöholm Susan Chun Zhu 《Journal of International Economics》2014
This paper focuses on the ability of the labor market to efficiently match heterogeneous workers to jobs within a given industry and the role that globalization plays in that process. Using matched worker–firm data from Sweden, we find strong evidence that openness improves the matching between workers and firms in industries with greater comparative advantage. This suggests that there may be significant gains from globalization that have not been identified in the past — globalization may improve the efficiency of the matching process in the labor market. These results remain unchanged after adding controls for technical change at the industry level or measures of domestic anti-competitive regulations and product market competition. Our results are also robust to alternative measures of the degree of matching, openness, and the trade status of an industry. 相似文献
18.
The principal objectives in this paper are to assess and to build upon the recently published research of Ang et al. (2000) making a pioneering attempt to estimate equity agency costs in a large cross-sectional sample of smaller, non-publicly traded companies in the United States. The present research employs panel data for 871 manufacturing SMEs legally organised as proprietary companies, taken from the Australian federal government's Business Longitudinal Survey conducted over four financial years from 1994–1995 to 1997–1998. The two proxies for equity agency costs that are trialed – operating expense ratio and asset turnover ratio – both appear lower in more complex agency relationships. It is also found that greater enterprise growth is significantly more evident amongst SMEs with more complex agency relationships. Thus, it is possible that observed differences in values for the two equity agency cost proxies are not the direct consequence of differences in management and ownership structures; but, rather, of differences in the experience of enterprise growth, possibly enabled to some degree by the management and ownership structures adopted. This raises the question of whether, in fact, operating expense ratio and asset turnover ratio can be reliably used as proxies for equity-related agency costs in SME research. 相似文献
19.
Winston C. Dunlop 《Small Business Economics》1992,4(1):45-58
The measurement of the relative efficiency of the sub-groups of large and small enterprises in each Australian manufacturing industry is undertaken in this study using two concepts of efficiency. Technical efficiency is assessed in relation to an estimated frontier production function while economic efficiency is expressed in terms of a sales based price-cost margin — a proxy for profitability. The large enterprises were found, for the most part, to be more technically efficient than the small. In terms of the profitability measure the small firms were just as likely to be the more efficient in any industry. They were generally more dispersed around the mean of both efficiency measures than were the large. The industries in which the large (or small) firms were found to be more technically efficient were not necessarily the industries for which the large (or small) firms were the more profitable. The study highlights the relationships between technical and economic efficiency and emphasises the need for careful definition of the concept efficiency when making comparisons of performance among enterprises. 相似文献
20.
This paper compares the technical efficiency of small and medium-sized enterprises (SMEs) with that of large firms and studies
the factors influencing technical efficiency for Taiwan’s electronics industry. Unlike conventional studies, we use two alternative
approaches to control for the influence of size effect. One is the two-stage switching regression to correct for endogenous
size effect on technical efficiency and, the other is, a metafrontier production function for firms in different groups. The
main results are as follows. First, the average technical efficiency for large firms is higher than that of SMEs, without
considering the size effect, and lower when considering the endogenous choice on firm size. This study cannot, therefore,
conclude that there is a negative size–technical efficiency relationship. It however, sheds light on the importance of size
effect on the size–technical efficiency nexus. Second, the estimates on the determinants of technical efficiency show that
being a subcontractor has a statistically significant positive influence on SMEs’ technical efficiency, but the effect decreases
with firm size.
相似文献
Ku-Hsieh ChenEmail: |