Choking the spirit of enterprise
Article Abstract:
Small and medium-sized companies play a vital role in the market economies of European Community (EC) countries. This often overlooked business sector accounts for 99.9% of the 13.5 million companies in the EC and provides 45% of the employment in the non-primary sector, as compared to the 28% provided by larger companies. Small and medium-sized companies are the principal sources of job creation in the EC and are also responsible for much of the competition and innovation in the business arena. However, the traditional dynamism of the small and medium-sized business sector is being threatened by the deepening European recession and by the new regulations being introduced to prepare EC countries for the formation of the single European market. The inherent strength of the smaller companies should nevertheless ensure that they remain a potent force in the economic framework of the EC in the 1990s.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1992
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Enterprise zones - making them work
Article Abstract:
Enterprise zones (EZs) in the UK can work well, despite their negative image. Whilst in some regions no new investment has resulted from EZs, and in some cases the result has just been local relocation, in others a considerable number of news businesses have been set up as a result of enterprise zones. The successful areas tend to have offer particular advantages of their own as well as the advantages offered by EZs themselves. Examples of successes are Clydebank, UK, Swansea, UK, and Lanarkshire, UK. Ideal characteristics of locations for EZ's are listed.
Publication Name: Planner
Subject: Business, international
ISSN: 0309-1384
Year: 1993
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