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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/24071

    Title: SMEs and Economic Growth: Evidence from Taiwan
    Authors: 胡名雯;Hu, Ming-wen;Liu, Meng-chun
    Contributors: 淡江大學產業經濟學系
    Keywords: Small and Medium Scaled Enterprises;SMEs;Economic growth;Economic;development;Entrepreneurship
    Date: 2003-06
    Issue Date: 2009-11-30 18:05:03 (UTC+8)
    Abstract: Only recently, an increasing importance of SME sector has been well recognized. It
    is also well known that the abundant SMEs benefit the economic development in
    many newly industrialized economies including Taiwan. These brought a new focus
    on the discussions about the interrelationship between SMEs and economic growth.
    Beyond some present empirical works based on the data of advanced economies, this
    study uses the data set consisting of developed and developing countries to examine
    the contribution of SME sector to economic growth. Base on data across 37 countries
    over the period of 1960s to 1990s, our empirical results agree with the notion that
    small business is conducive to economic prosperity. However, this study highlights
    the different pattern of economic contribution of SME sector to economic growth. In
    pursuit of economic growth, SMEs exploit mainly their entrepreneurship in highincome
    nations, while they drive the job-creating function in the less-developed
    countries. Thus, there is no common policy towards SMEs for each economy.
    Before designing or adjusting the SME policy, it would be useful for a policy maker
    to identify the economy in terms of economic development stage.
    Relation: International Council for Small Business (ICSB) 48th World Conference: Advancing Entrepreneurship and Small Business, Conference Proceedings (in CD ROM, Belfast, Northern Ireland
    Appears in Collections:[產業經濟學系暨研究所] 會議論文

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