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Are Economies Moving in the Direction of Smaller Firms?

By Hong Kian and Boon Kelvin


In the recent decade, there has been a proliferation of economic literature espousing the role of SMEs in domestic economies. A revival of public policy emphasis on SMEs has also occurred in both developing and developed economies. Since the drawing up of the SME Master Plan in 1989, policy orientation in Singapore has also shifted in this direction. This paper will assess th

Year: 2011
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