Small vs. Young Firms across the World : Contribution to Employment, Job Creation, and Growth

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Ayyagari, Meghana
dc.contributor.author
Demirguc-Kunt, Asli
dc.contributor.author
Maksimovic, Vojislav
dc.date.accessioned
2012-03-19T18:01:45Z
dc.date.available
2012-03-19T18:01:45Z
dc.date.issued
2011-04-01
dc.date.lastModified
2021-04-23T14:02:09Z
dc.description.abstract
This paper describes a unique cross-country database that presents consistent and comparable information on the contribution of the small and medium enterprises sector to total employment, job creation, and growth in 99 countries. The authors compare and contrast the importance of small and medium enterprises to that of young firms across different economies. They find that small firms (in particular, firms with less than 100 employees) and mature firms (in particular, firms older than 10 years) have the largest shares of total employment and job creation. Small firms and young firms have higher job creation rates than large and mature firms. However, large firms and young firms have higher productivity growth. This suggests that while small firms employ a large share of workers and create most jobs in developing economies their contribution to productivity growth is not as high as that of large firms.
en
dc.identifier
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110411130747
dc.identifier.uri
http://hdl.handle.net/10986/3397
dc.language
English
dc.relation.ispartofseries
Policy Research working paper ; no. WPS 5631
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ADVERSE CONSEQUENCES
dc.subject
AGE GROUPS
dc.subject
AGGREGATE EMPLOYMENT
dc.subject
BUSINESS CLIMATE
dc.subject
BUSINESS ENVIRONMENT
dc.subject
CAPITAL MARKETS
dc.subject
COMPANY
dc.subject
CONGLOMERATE
dc.subject
CORPORATION
dc.subject
COUNTRY DUMMIES
dc.subject
CREATING JOBS
dc.subject
CREATION OF JOBS
dc.subject
DEVELOPING COUNTRIES
dc.subject
DEVELOPING COUNTRY
dc.subject
DEVELOPING ECONOMIES
dc.subject
DEVELOPMENT ECONOMICS
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC RECOVERY
dc.subject
ECONOMICS
dc.subject
EMPLOYMENT
dc.subject
EMPLOYMENT GENERATION
dc.subject
EMPLOYMENT GROWTH
dc.subject
EMPLOYMENT GROWTH RATES
dc.subject
EMPLOYMENT LEVELS
dc.subject
EMPLOYMENT SHARE
dc.subject
ENTREPRENEURSHIP
dc.subject
EXTERNAL FINANCE
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL DEVELOPMENT
dc.subject
FINANCIAL STATEMENTS
dc.subject
FIRM GROWTH
dc.subject
FIRM LEVEL
dc.subject
FIRM SIZE
dc.subject
FIRMS
dc.subject
FREE PRESS
dc.subject
GROWTH RATE
dc.subject
INCOME
dc.subject
INCOME GROUP
dc.subject
INCOME GROUPS
dc.subject
INFORMAL ECONOMY
dc.subject
INFORMAL SECTOR
dc.subject
INNOVATION
dc.subject
INSTITUTIONAL CONSTRAINTS
dc.subject
INVESTMENT CLIMATE
dc.subject
JOB CREATION
dc.subject
JOB CREATION RATES
dc.subject
JOB DESTRUCTION
dc.subject
JOB GAIN
dc.subject
JOB GAINS
dc.subject
JOB GENERATION
dc.subject
JOBS
dc.subject
JUDICIAL SYSTEMS
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LABOR PRODUCTIVITY
dc.subject
LEGAL CONSTRAINTS
dc.subject
LEGAL ENFORCEMENT
dc.subject
LICENSING
dc.subject
MANUFACTURING INDUSTRIES
dc.subject
MARKET STANDARDS
dc.subject
MEDIUM ENTERPRISES
dc.subject
MERGERS
dc.subject
MINIMUM WAGES
dc.subject
NET EMPLOYMENT
dc.subject
NET JOB CREATION
dc.subject
NET JOB LOSS
dc.subject
NET JOB LOSSES
dc.subject
OUTPUT
dc.subject
POLITICAL ECONOMY
dc.subject
PORTFOLIOS
dc.subject
PRIMARY OBJECTIVE
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR DEVELOPMENT
dc.subject
PRIVATE SECTOR GROWTH
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PRODUCTIVITY REGRESSIONS
dc.subject
PROPERTY RIGHTS
dc.subject
REINVESTMENT
dc.subject
SAFETY
dc.subject
SAFETY STANDARDS
dc.subject
SALES GROWTH
dc.subject
SMALL BUSINESS
dc.subject
SMALL BUSINESSES
dc.subject
SMALL FIRM
dc.subject
SMALL FIRMS
dc.subject
SME
dc.subject
SME SECTOR
dc.subject
SME STATISTICS
dc.subject
STARTUPS
dc.subject
TAX
dc.subject
TOTAL EMPLOYMENT
dc.subject
TURNOVER
dc.subject
VENTURE CAPITAL
dc.subject
WORKERS
dc.subject
WORKING HOURS
dc.title
Small vs. Young Firms across the World : Contribution to Employment, Job Creation, and Growth
en
okr.crosscuttingsolutionarea
Jobs
okr.date.disclosure
2012-04-01
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110411130747
okr.globalpractice
Social Protection and Labor
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-5631
okr.identifier.externaldocumentum
000158349_20110411130747
okr.identifier.internaldocumentum
14038910
okr.identifier.report
WPS5631
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/04/11/000158349_20110411130747/Rendered/PDF/WPS5631.pdf
en
okr.region.administrative
The World Region
okr.region.administrative
The World Region
okr.sector
Finance :: General finance sector
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Industry
okr.unit
Development Research Group (DECRG)
okr.unit
DECRG: Finance & Priv Sec Devt (DECFP)
okr.volume
1 of 1

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