Abstract
‘The differences in the administrative structure of the very small and the very large firms are so great that in many ways it is hard to see that the two species are of the same genus … we cannot define a caterpillar and then use the same definition for a butterfly’ (Penrose, 1959).
This is a preview of subscription content, log in via an institution to check access.
Preview
Unable to display preview. Download preview PDF.
References
Baumol, W.J. (1967), Business Behaviour, Value and Growth, Harcourt Brace.
Beesley, M. and R. Hamilton (1984), ‘Small firms’ seedbed role and the concept of turbulence’, Journal of Industrial Economics, vol. 33, no. 4, December, pp.213–29.
Binks, M. and A. Jennings (1986), ‘Small Firms as a Source of Economic Rejuvenation’, in J. Curran and D. Watkins (eds), The Survival of the Small Firm, vol. 1, Gower, pp.19–37.
Birch, D.L. (1979), ‘The Job Generation Process’, MLT Program on Neighbourhood and Regional Change, Cambridge, Mass.
Boswell, J. (1973), The Rise and Decline of Small Firms, Allen & Unwin.
Bradburd, R.M. and D.R. Ross (1989) ‘Can Small Firms Find and Defend Strategic Niches? A Test of the Porter Hypothesis’, Review of Economics and Statistics, vol. LXXI, no. 2, May, pp.258–62.
Casson, M. (1982), The Entrepreneur: An Economic Theory, Martin Robertson.
Churchill, N.C. and V.L. Lewis (1983), ‘The five stages of small business growth’, Harvard Business Review, vol. 61, no. 3, May-June.
Cowling, M., J. Samuels and R. Sugden (1991), Small Firms and the Clearing Banks: A Sterile, Uncommunicate and Unimaginative Relationship, Association of British Chambers of Commerce.
Cressy, R.C. (1993) ‘Loan Commitment and Business Starts: An Empirical Investigation on UK Data’, SME Centre Working Paper No. 12, Warwick Business School.
Curran, J. (1986), Bolton Fifteen Years on: A Review and Analysis of Small Business Research in Britain 1971–1986, Small Business Research Trust.
Daly, M. (1987), ‘Lifespan of Businesses Registered for VAT’, British Business, 3 April, pp.28–9.
Daly, M. (1991) ‘VAT Registrations and De-registrations in 1990’, Employment Gazette, November, pp.579–88.
Davies, J.R. and M. Kelly (1972) Small Firms in the Manufacturing Sector, Research Report No. 3, Report of the Committee of Enquiry on Small Firms, Cmnd 4811, HMSO.
Ganguly, P. (1985), UK Small Business Statistics and International Comparisons, Harper & Row.
Knight, F.H. (1921), Risk, Uncertainty and Profit, Houghton Mifflin.
Marshall, J.N., N. Alderman, C. Wong and A. Thwaites (1993), ‘The Impact of Government-assisted Management Training and Development on Small and Medium-Sized Enterprises in Britain’, Environment and Planning C: Government and Policy, vol. 11, pp.331–48.
NEDC (1986), Lending to Smaller Firms.
North, D., D. Smallbone and R. Leigh (1994), ‘Employment and Labour Process Changes in Manufacturing SMEs during the 1980s’, in J. Atkinson and D.J. Storey (eds), Employment, the Small Firm and the Labour Market, Routledge.
O’Farrell, P.N. (1986), Entrepreneurs and Industrial Change, Irish Management Institute.
Penrose, E.T. (1959), The Theory of the Growth of the Firm, Basil Blackwell.
Phillips, B. and B.A. Kirchhoff (1988), Survival and Quality of Jobs Generated by Entrepreneurial Firms, US Small Business Administration.
Porter, M.E. (1980), Competitive Strategy, The Free Press.
Rothwell, R. (1986), ‘The Role of Small Firms in Technological innovation’, in J. Curran, J. Stanworth and D. Watkins (eds), The Survival of the Small Firm, vol. 2, Gower, pp.114–42.
Schumpeter, J.A. (1934), The Theory of Economic Development, Harvard University Press.
Scott, M. and R. Bruce (1987), ‘Five Stages of Growth in Small Businesses’, Long Range Planning, vol. 20, no. 3, pp.45–52.
Shearman, C. and G. Burrell (1988), ‘New technology-based firms and new industries: employment implications’, New Technology, Work and Employment, vol. 3, no. 2, pp.87–99.
Storey, D.J. (1982), Entrepreneurship and the New Firm, Croom Helm.
Storey, D.J., R. Watson and P. Wynarcyzk (1989) ‘Fast Growth Small Businesses: Case Studies of 40 Small Firms in North East England’, Department of Employment Research Paper No. 67, London.
Storey, D.J., K. Keasey, R. Watson and P. Wynarczyk (1987), The Performance of Small Firms, Croom Helm.
Townroe, P. and K. Mallalieu (1994), ‘Founding a New Business in the Countryside’, in J. Curran and D.J. Storey (eds), Small Firms in Urban and Regional Locations, Routledge.
Utton, M.A. (1984), ‘Concentration, competition and the small firm’, in C. Levicki (ed.), Small Business: Theory and Policy, The Acton Society, Croom Helm.
Watson, R. (1990), ‘Employment Change, Profitability and Directors’ Remuneration in Small and Closely-held UK Companies’, Scottish journal of Political Economy, vol. 37, pp.259–74.
Watson, R. (1991), ‘Modelling Directors’ Remuneration in Small and Closely-held UK Companies’, Journal of Business Finance and Accounting, vol. 18, pp.85–98.
Wynarczyk, P., R. Watson, D.J. Storey, H. Short and K. Keasey (1993), The Managerial Labour Market in the Small Firm Sector, Routledge.
Editor information
Editors and Affiliations
Copyright information
© 1996 David Storey and Nigel Sykes
About this chapter
Cite this chapter
Storey, D., Sykes, N. (1996). Uncertainty, innovation and management. In: Burns, P., Dewhurst, J. (eds) Small Business and Entrepreneurship. Macmillan Small Business Series. Palgrave, London. https://doi.org/10.1007/978-1-349-24911-4_4
Download citation
DOI: https://doi.org/10.1007/978-1-349-24911-4_4
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-64587-1
Online ISBN: 978-1-349-24911-4
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)