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On The Organisation Of Smes And Economic Growth In The Usa And Japan, E. Sanidas
On The Organisation Of Smes And Economic Growth In The Usa And Japan, E. Sanidas
Faculty of Business - Economics Working Papers
The total number of firms, out of which around at least 95 to 99 per cent (or even more) are SMEs approximates the degree of competition that exists in each country and within each sector of a national economy. A historical examination of the American and Japanese firm evolutions, which shows a divergence in industrial organisation between the companies in the USA and Japan provides a qualitative evidence to this role of competition. Also, the same historical trip reveals the close relationship, which prevails between the degree of competition as represented by the total number of firms and the speed …