SMEs and Economic Growth: Evidence from Taiwan

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题名:	SMEs and Economic Growth: Evidence from Taiwan
作者:	胡名雯;Hu, Ming-wen;Liu, Meng-chun
贡献者:	淡江大學產業經濟學系補正完畢
关键词:	Small and Medium Scaled Enterprises;SMEs;Economic growth;Economic;development;Entrepreneurship
日期:	2003-06
上传时间:	2009-11-30 18:05:03 (UTC+8)
摘要:	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.
關聯:	International Council for Small Business (ICSB) 48th World Conference: Advancing Entrepreneurship and Small Business, Conference Proceedings (in CD ROM, Belfast, Northern Ireland
显示于类别:	[產業經濟學系暨研究所] 會議論文

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