A retrospective review of participants in a SPICEbased process improvement program is currently underway. The objective of the review is to consider the long-term impact of the program on small firms. After establishing the need to evaluate the long-term effects in small firms, this paper presents a detailed account of the experiences of two small firms. These firms participated in a software p...

emergence of new communication technologies made media industry available for small and entrepreneur media firms to enter venue, while before them the arena belonged to big media companies. now media industry includes a lot of small enterprises which market now innovations, even with limited resources, thanks to these new technologies. the same trend occurred in iranian media market too, but de...

abstract in this paper, the effect of foreign sector macro-variable on inflation dynamics and firms’ pricing behavior has been investigated in the context of a small open economy new keynesian phillips curve. this curve is derived and estimated for a developing oil-exporting economy suffering from dutch disease. this version of nkpc is an extension of leith and malley’s (2007) small open econom...

this paper examines firms' capital structure and their access to financial debt, notably bank loans. We find that the share of financial debt in total liabilities is, on average, smaller for small firms than for large ones. However, this is not because the typical small firm borrows less than a large firm, but because small firms are more likely not to borrow at all. For firms that do borrow, t...

Certain securities in particular, those of small capitalization firms are generally unsuited to the investment requirements of financial institutions, hence attract minimal coverage by analysts. As a result, these securities may offer a premium as a compensation for associated information deficiencies and/or because pricing inefficiencies exist as a result of the lack of information. An analysi...

Using data from a broad sample of US scientists and engineers, we examine the relationship between work experience in firms of different sizes and worker ability on decisions to enter entrepreneurship. We find that workers in small firms are far more likely than others to leave paid employment to found new ventures, and that prior experience in small firms predicts a number of positive performa...

The statements, findings, conclusions, and recommendations found in this study are those of the authors and do not necessarily reflect the views of the Office of Advocacy, the United States Small Business Administration, or the United States Government. This report was developed under a contract with the Small Business Administration, Office of Advocacy, and contains information and analysis th...

A business model describes the design of the value creation and capture mechanisms needed to yield profit. We contend that for a business model to be viable in turbulent and hypercompetitive environments, its dynamics are important and must leverage, out of all key business model modules proposed in different studies, on a combined value and network perspective. These different elements present...