publication . Other literature type . Article . 2017

Policy Interventions Favouring Small Business: Rationales, Results and Recommendations

John Lester;
English
  • Published: 31 May 2017
  • Publisher: The School of Public Policy Publications
Abstract
Small business has a well-deserved reputation as the driver of job growth and as a key contributor to innovation. In the 12 years ending in 2013, small and medium-sized enterprises (SMEs) accounted for about 90% of private sector job growth in Canada. What is less well-recognized, however, is that a small fraction of SMEs account for most of the job growth and innovation. As a result, governments have offered broad-based support for small businesses, rather than focusing on high-impact entrepreneurs. This approach is wasteful: firms that do not grow or innovate receive most of the benefits. Further, this approach can harm economic performance by promoting the ex...
Subjects
free text keywords: Political institutions and public administration (General), JF20-2112
Powered by OpenAIRE Open Research Graph
Any information missing or wrong?Report an Issue
publication . Other literature type . Article . 2017

Policy Interventions Favouring Small Business: Rationales, Results and Recommendations

John Lester;