Abstract
A significant characteristic of ”industrial organisation” in the postwar era, especially up to the 1980s, is the establishment of large international firms designed to mass-produce standardized goods. For a number of reasons, traditional wisdom has regarded production by smaller units as inferior, with small firms being expected to more or less wither away. However, since the beginning of the 1970s the increasing role of small and medium-sized enterprises (SMEs) in terms of employment and value added has prompted a revaluation of the importance of SMEs.1
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Abernathy, W. and J. Utterback (1978), “Patterns of Industrial Innovation”, Technology Review, Vol 80, pp 41–47.
Aharoni, Y. (1966), The Foreign Investment Decision Process, Ma: Division of Research, Graduate School of Business Research, Harvard University.
Aiginger, K. and G. Tichy (1984), “Die Grösse die Kleine”, mimeo, University of Graz, Austria.
Andersson, P. (1991), “EGs inre marknad 1992 - Planerade eller vidtagna âtgärder bland smäföretagen i Kronoborgs län”, mimeo, Växjö University, Sweden.
Arthur, M., C. Hendry and A. Jones (1991), “Learning From Doing: Adaptation Resource Management in the Smaller Firms”, mimeo, Presented at the 11th Annual Strategic Management Society International Conference, University of Warwick, England.
Asanuma, B. (1991), “Coordination between Production and Distribution in a Globalized Network of Firms: Assessing Flexibility Acheived in the Japanese Automobile Industry”, mimeo, Presented at the conference “Japan in the Global Economy”, The Stockholm School of Economics, Stockholm, Sweden.
Birch, D. (1979), The Job Generation Process, Cambridge: MIT University Press.
Birch, D. (1987), Job Generation in America, New York: Free Press.
Braunerhjelm, P. (1990), Svenska industriföretag inför EG 1992 - Planer och förväntningar, (Swedish Industrial Firms afore EC 1992 - Plans and Expectations), Stockholm: The Industrial Institute for Economic and Social Research (IUI).
Braunerhjelm, P, (1991a), “Svenska underleverantörer och smäfdretag - Struktur, internationalisering och kompetens” (Swedish Subcontractors and SMEs - Specialization, Internationalization and Competence), Research Report No . 38, Stockholm: The Industrial Institute for Economic and Social Research (IUI).
Braunerhjelm, P. (1991b), “Svenska underleverantörer och smâföretag i det nya Europa”, (Swedish Subcontractors and SMEs in the New Europe), The Journal of the Economic Society of Finland, No 4, pp 219–228.
Brock, W. and D. Evans (1986), The Economics of Small Business, New York: Holmes Meier.
Brown, C., J. Hamilton and J. Medoff, (1990), Employers Large and Small, Cambridge MA and London: Harvard University Press.
Buckley, P. (1986), “Foreign Direct Investment by Small and Medium Sized Enterprises: The Theoretical Background”, mimeo, Presented at the conference “Project on Transfer of Technology to Developing Countries by Small and Medium Sized Enterprises”, Nürnberg, Germany.
Buckley, P. and M. Casson (1976), The Future of the Multinational Enterprise, London: MacMillan.
Buckley, P. and M. Casson (1992), “Organizing for Innovation: The Multinational Enterprise in the Twenty-first Century”, in P. Buckley and M. Casson (eds.), Multinational Enterprises in the World Economy, Aldershot and Brookfield: Edward Elgar Publishing Ltd.
Burns, P. and J. Dewhurst (1986), Small Business in Europe, London: Macmillan.
Cantwell, J. and S. Raddacio (1990), “The Growth of Multinationals and the Catching Up Effect”, Economic Notes, Vol 1, pp 15–27.
Carlsson, B. (1984), “The Development and the Use of Machine Tools in Historical Perspective”, Journal of Economic Behavior and Organization, Vol. 5, pp 90–111.
Carlsson, B. (1989), “The Evolution of Manufacturing Technology and Its Impact on Industrial Structure: An International Study”, Small Business Economics, Vol. 1, pp 21–37.
Carlsson, B. (1992), “The Rise of Small Business: Causes and Consequences”, in W.J.Adams, (ed.), Singular Europe: Economy and Polity of the European Community after 1992, Ann Arbor: University of Michigan Press (forthcoming).
Carlsson, B. and G. Eliasson (1991), “The Nature and Importance of Economic Competence”, Working Paper No . 294, The Industrial Institute for Economic and Social Research (IUI).
Carlsson, B. and E. Taymaz (1993), “Flexible Technology and Industrial Structure in the US”, Small Business Economics, forthcoming.
Caves, R (1982), Multinational Enterprises and Economic Analysis, New York: Cambridge University Press.
Davidsson, P. (1989), Continued Entrepreneurship and Small Firm Growth, Stockholm: EH.
Doctor, J., R. Van der Haorst, and C. Stokman (1989), “Innovation Processes in Small-and Medium-sized Companies”, Entrepreneurship and Regional Development, Vol. 1, pp 3353.
Drucker, P. (1986), “The Changing World Economy”, Foreign Affairs, Vol 64, Spring, pp 768–79.
Dunning, J. (1977), “Trade, Location of Economic Activities and the MNE: A Search for an Eclectic Approach”, in B.Ohlin, P-O.Hesselborn, and P-M.Wijkman (eds.), The International Allocation of International Production, London: Macmillan.
Dunning, J. (1992), “International Direct Investment Patterns”, in L.Oxelheim, (ed.), The Global Race for Foreign Direct Investment: Prospects for the Future,Springer-Verlag.
Eliasson, G. (1991a), “Modelling the Experimentally Organized Economy–Complex Dynamics in an Empirical Micro-Macro Model of Endogenous Growth”, Journal of Economic Behaviour and Organization, Vol. 16, pp 153–182.
Eliasson, G. (1991b), “The Firm As a Competent Team”, Journal of Economic Behaviour and Organization, Vol. 13, pp 273–89.
Evans, D. (1991), Industry Dynamics and Small Firms in the United States, Report for the US Small Business Administration, NERA, Cambridge, USA.
Fredriksson, T. (1992), “Policies Towards Small and Medium Enterprises in Japan and Sweden”, EFI Research Report, April.
Ghauri, P. and P. Kumar (1989), “An Empirical Investigation of Factors Influencing Export Behaviour of Smaller Swedish Firms”, in G.Avlonitis, N.Papavasiliou and A.Kouremenos (eds.), Marketing Thought and Practice in the 1990’s, Proceedings of the XVIII Conference of the European Marketing Academy, Athens, Greece.
Gibb, A. (1992), “Revisiting Smallness”, mimeo, Presented at the “The 7th Nordic Conference on Small Business”, Turkko, Finland.
Grant, R. (1991), Contemporary Strategy Analysis, Oxford: Basil Blackwell.
Hjalmarsson, L. (1991), “Competition Policy and Economic Efficiency: Efficiency Trade-Offs in Industrial Policy”, in Y.Bourdet, (ed.), Internationalization, Market Power and Consumer Welfare, London: Routledge.
Horwitch, M. and C. Pralahad (1976), “Managing Technological Innovation–Three Ideal Modes”, Sloan Management Review, Vol. 17, pp 77–89.
Hymer, S. (1961), The International Operations of National Firms: A Study of Direct Foreign Investment, Cambridge: MIT University Press.
Häkansson, H. (1982), International Marketing and Purchasing of Industrial Goods. An Interaction Approach, Chichester: John Wiley.
Jagrén, L. (1988), “Företagens tillväxt i ett historiskt perspektiv”, in Örtengren, J, (ed), Expansion, avveckling, företagsvärdering i svensk industri, Stockholm: The Industrial Institute for Economic and Social Research (IUI).
Johanson, J. and L.-G. Mattson (1984), “Internationalization in Industrial Systems - A Network Approach”, Presented at the conference “Prince Bertils Symposium on Strategies in Global Competition”, Stockholm School of Economics, Stockholm, Sweden.
Johanson, J. and J.-E. Vahlne (1977), “The Internationalization Process of the Firm–A Model of Knowledge Development and Increasing Foreign Market Commitments”,Journal of International Business Studies, Vol. 8, pp 23–32.
Kamien, M. and N. Schwartz (1975), “Market Structure and Innovation: A Survey”, Journal of Economic Literature, Vol. 13, pp 1–37.
Karlsson, C. and J. Larsson (1991), “A Macroview of the Gnosjö Entrepreneurial Spirit”, mimeo, Jönköping International Business School, Jönköping.
Kothari, V. (1989), “Overseas Strategies of Small Business - A Longitudinal Study”, in Avlonitis, G., N,Papavasiliou and A.Kouremenos (eds.), Marketing Thought and Practice in the 1990’s. Proceedings of the XVIII Conference of the European Marketing Academy, Athens, Greece.
Larouche, G. (1989), “Petites et moyennes entreprises au Quebec: Organisations Économique, croissance de l’emploi et qualité du travail, mimeo, Institut Internationales d’Etudes Sociales, Geneva, Switzerland.
Lindquist, M. (1991), Infant Multinationals. The Internationalization of Young, Technology-Based Swedish Firms, Stockholm: IIB.
Lucas, R. (1978), “On the Size Distribution of Business Firms”, Bell Journal of Economics, Vol. 9, Autumn, pp 508–523.
Magee, S. (1977), “Information and the Multinational Corporation: An Appropriability Theory of Foreign Direct Investment”, in J. Bhagwati (ed.), The New International Economic Order: The North-South Debate, New York and London: MIT University Press.
Marshall, A. (1890), Principles of Economics, London, England.
Miesenbock, K. (1989), “Small Businesses and Exporting: A Literature Review”, International Small Business Journal, Vol. 6, pp 42–61.
Mill, J. (1848), Principles of Political Economy, (Reprinted 1985 ), New York: Pengu in Books.
NUTEK (1991a), Att skapa livskraft, B1991:4, Stockholm.
NUTEK (1991), Medium-Sized Industrial Firms,B1991:3, Stockholm.
Oxelheim, L. (1990), International Finacial Integration, Heidelberg: Springer-Verlag.
Oxelheim, L. (1993), Financial Markets in Transition: The Globalization of Small National Financial Markets, London: Routledge, forthcomimg.
Penrose, E. (1956), “Foreign Investment and Growth of the Firm”, Economic Journal, Vol 66, pp 220–235.
Piore, M. and C. Sabel, (1984), The Second Industrial Divide: Possibilities for Prosperity, New York: Basic Books.
Porter, M. (1980), Competitive Strategy, New York: Free Press.
Porter, M. (1990), The Competitive Advantage of Nations, London and Basingstoke: Macmillan.
Pratten, C. (1991), “The Competitiveness of Small Firms and the Economies of Scale”, mimeo, University of Cambridge, England.
Rothwell, R. and W. Zegweld (1982), Innovation and the Small and Medium Sized Firm - Their Role in Employment and in Economic Change, London: Francis Pinter.
Sabel, C. (1983), “Italian Small Business Development: Lessons for US Industrial Policy”, in J. Zysman and L. Tyson (eds.), American Industry in International Competition, New York: Cornell University Press.
Salter, W. (1966), Productivity and Technological Change, New York and London: Cambridge University Press.
Sengenberger, W., G. Loveman and M. Piore (1990), The Re-emergence of Small Enterprises: Industrial Countries, Geneva: ILO.
SIND (1990a), Au utveckla produkter i smdföretag,SIND 1990:5, Stockholm.
SIND (1990b), Riskkapitalet och de mindre företagen,SIND 1990:3, Stockholm.
SIND (1991), Nyföretagande i Sverige - vilka, hur och varför?,SIND 1991:6, Stockholm.
Spencer, R. and J.-P. Valla (1989), “The Internationalization of the Industrial Firm: An International Development Network Approach”, in R.Luostarainen, (ed.), Dynamics of International Business, Proceedings of the XV Conference of the European International Business Association, Helsinki, Finland.
Swedenborg, B. (1979), The Multinational Operations of Swedish Firms. An Analysis of Determinants and Effects, Stockholm: The Industrial Institute for Economic and Social Research (lUI).
Swedenborg, B. (1988), Den svenska industrins utlandsinvesteringar 1960–1986, Stockholm: The Industrial Institute for Economic and Social Research (IUI).
Taymaz, E. (1989), “Types of Flexibility in a Single Machined Production System”, International Journal of Production Research, Vol. 27, pp 1891–1899.
Teece, D (1983), “Technological and Organisational Factors in the Theory of the Multinational Enterprise”, in M.Casson, (ed.) The Growth of International Business, London: Allen Unwin.
Tichy, G. (1989), “The Size of Firms and Economic Performance”, Research Memorandum, University of Graz, Austria.
Toffler, A. (1985), The Adaptive Corporation, New York: Bantam Books.
Utterback, J and G. Reitberger (1982), Technology and Industrial Innovation in Sweden - a Study of New Technology-Based Firms, Center for Policy Alternatives, MIT, Cambridge and National Swedish Board for Technical Development, Stockholm.
Westney, (1991), “The Evolution of Industrial R D in Japanese Firms”, mimeo, presented at the Conference “Japan in the Global Economy”, Stockholm: The Stockholm School of Economics.
Williamson, O. (1975), Market and Hierarchies: Analysis and Antitrust Implications, New York: Free Press.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1993 Springer-Verlag Berlin · Heidelberg
About this paper
Cite this paper
Braunerhjelm, P. (1993). Globalization and the Future Role of Small and Medium Sized Enterprises. In: Oxelheim, L. (eds) The Global Race for Foreign Direct Investment. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78309-8_10
Download citation
DOI: https://doi.org/10.1007/978-3-642-78309-8_10
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-78311-1
Online ISBN: 978-3-642-78309-8
eBook Packages: Springer Book Archive