Summary
S-J's book contains much careful and interesting discussion of small-firm employment data and related issues, and will be read by all workers in the field. However it also contains too much detailed quantification and international comparison of doubtful relevance, at least for most economists, and misses much background material of direct importance for evaluating the role of small firms. As a result, the authors seriously under-estimate the contribution of small business to both employment and efficiency of modern economies, as well as the importance of policy to correct the traditional and still pervasive bias towards large organizations.
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FitzRoy, F.R. Firm size, efficiency and employment: A review article. Small Bus Econ 1, 75–80 (1989). https://doi.org/10.1007/BF00389918
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DOI: https://doi.org/10.1007/BF00389918