Original language | English |
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Title of host publication | Wiley Encyclopedia of Management |
Editors | Cary Cooper |
Publisher | Wiley |
Volume | 6 |
Edition | 3 |
ISBN (Electronic) | 9781118785317 |
ISBN (Print) | 9781119972518 |
DOIs | |
Publication status | Published - 26 Sept 2014 |
Abstract / Description of output
This article defines micro, small-, medium-, and large-sized firms using definitions from European, United States, and Asian laws. Micro, small, and medium firms are highly instrumental in the economic growth to a country as they make up the majority of a country's landscape and they have potential to grow into large firms. The difference between the types of firms and factors contributing to the growth in firm size are illustrated to depict the differences between firm sizes.
Keywords / Materials (for Non-textual outputs)
- micro
- small and medium-sized firms
- large firms
- size of firms