Small and Medium Enterprises in Transitional Economies

Although the new small and medium enterprises (SME) sector is emerging as one of the driving forces in transition economies, little is known about the conditions behind its successful development or about policies which could facilitate its expansion. This unique book explores the complex relationship between the growth of the SME sector and the current policies and institutional, historical and cultural forces that shape its fate.

List of Tables and Figures List of Contributors Preface Acknowledgements List of Abbreviations and Acronyms Small Enterprises in Transition Economies: Causal Puzzles and Policy-Relevant Research; R.J.McIntyre The Historical Role of the SME Sector in Developing and Developed Capitalist States; Z.J.Acs The Complex Ecology of Small Enterprise Systems; R.J.McIntyre Small Business, Survival Strategies and the Shadow Economy; S.Glinkina Entrepreneurship and Proprietorship in Transition: Policy Implications for the SME Sector; R.Scase SME Development in Hungary: Legacy, Transition and Policy; B.Dallago SME Development in Poland: Policy and Sustainability; A.Surdej The Development of Small Entrepreneurship in Russia; V.Radaev Ownership Reform in the Absence of Crisis: China's Township, Village and Private Enterprises; L.Sun Transition to a Market and Entrepreneurship: Systemic Factors and Policy Options; G.W.Kolodko Privatization Approaches: Effects on SME Creation and Performance; M.Uvalic The Role of Financing in the Growth of the SME Sector: The Case of Hungary; L.Csaba Conclusions: The Role of Public Policy in SME Development; B.Dallago & R.J.McIntyre

ZOLTAN J. ACS Harry Y. Wright Professor, Department of Economics and Finance, Merrick School of Business, University of Baltimore, USA LÀSZLÒ CSABA Department of International Relations and European Studies, The Central European University, Budapest, Hungary SVETLANA P. GLINKINA Institute for International Economic and Political Studies, Moscow, Russia GRZEGORZ W. KOLODKO Deputy Premier and Minister of Finance, Poland VADIM V. RADAEV Chair of Economic Sociology, Vice-Rector, The State University - Higher School of Economics, Russia RICHARD SCASE Institute for Social and Economic Research, University of Essex, UK LAIXIANG SUN Centre for Financial and Management Studies (CeFiMS), SOAS, University of London, UK and International Institute for Applied System Analysis, Laxenburg, Austria ALEKSANDER SURDEJ Cracow University of Economics, Poland MILICA UVALIC Department of Economics, Faculty of Political Science, University of Perugia, Italy