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Repositorio de la Red Internacional de Investigadores en Competitividad

VENTAJA COMPETITIVA Y DESARROLLO ECONÓMICO

Vol. 7 No. 1 (2013): Competitividad Global. Desafíos Políticos y Financieros: ISBN 978-607-96203-0-2

The economic impact of SMEs: Novel versus established entrepreneurs

Submitted
June 10, 2016
Published
2018-08-28

Abstract

SMEs play a central role in the business world due their important influence on social and economic development. Hence the aim of this study is to identify when SMEs make their greatest economic contribution in terms of employment, innovation and export, asking whether this is during their first year after creation or later, when they have become more consolidated. Contrasting Neo-Schumpeterian theory with Organizational Learning theory, this paper will try to identify when the SMEs make the highest economical contribution in matters of employment, innovation (products, process and strategic innovation) and export. To do this we used data collected from the Adult Population Survey (APS) for Spain extracted from the Global Entrepreneurship Monitor (GEM), to analyze the six-year period from 2005 to 2010.

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