SMES BETWEEN MARKET EXPOSURE AND INSTITUTIONALIZATION: IN QUEST OF SECTOR-SPECIFIC POLICY FORMULATION

July 1, 2019

The very topic raises an ever present crucial question as to the role and significance of small and medium-sized enterprises (SMEs) and related structures in any given economic setting; not the least in the context of economic development in a sector-related view. Implicit complexities obviously do call for an SME-specific policy formulation recognizing that a small firm is not to be viewed as simply a miniaturized blueprint of a large one, but rather be considered as quite different a creature of its own.

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