What really happens to small and medium-sized enterprises in a global economic recession? UK evidence on sales and job dynamics

This article uses UK data to consider how small and medium-sized enterprises (SMEs)1 coped during the recent financial crisis. This is important, as SMEs are major contributors to job creation, but are vulnerable to falling demand. It finds that 4 in 10 SMEs experienced a fall in employment during t...

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Veröffentlicht in:	International small business journal 2015-08, Vol.33 (5), p.488-513
Hauptverfasser:	Cowling, Marc, Liu, Weixi, Ledger, Andrew, Zhang, Ning
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic crisis Entrepreneurs Human capital Job creation Recessions Small & medium sized enterprises-SME Studies
Online-Zugang:	Volltext
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