Are small firms really sub-optimal?: compensating factor differentials in small dutch manufacturing firms
The advent of a growing share of small firms in modern economies raises some intriguing questions. The most intriguing question undoubtedly is why so many smaller firms, which have traditionally been classified as sub-optimal scale firms, can exist. We suggest that, through pursuing a strategy of compensating factor differentials, that is by remunerating and deploying factors of production differently than their larger counterparts, small firms are able to compensate for size-inherent cost disadvantages. Using a sample of over seven thousand Dutch manufacturing firms, we find considerable evid... Mehr ...
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Dokumenttyp: | workingPaper |
Erscheinungsdatum: | 1999 |
Schlagwörter: | firm size / firm strategy / manufacturing / minimum effect scale |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26678047 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://repub.eur.nl/pub/9719 |