Small Business In A Regulated Economy

...contributing scholars consider the impact that government regulations, policies and other forces--including innovation, tax reform, employee disincentives, academic partnerships, the costs of complying with government stipulations--have actually had on small business growth. Based on an examination of policy efforts in the late 1980s, the book attempts to reveal the changing emphasis in the nature of the debate regarding small business in today's economy.

Entrepreneurial Economy RevieW Small Business in a Regulated Economy is the first comprehensive exploration of the impact that government regulations, policies, and other forces have on the formation and growth of small business in the United States. A collection of original essays by distinguished scholars, the book makes an important contribution to business literature by raising fundamental issues related to small business operating in a regulatory economy, identifying the implications of public policies which inhibit or encourage small business growth and development, and defining the nature and character of the policy area.

In addition to thoroughly examining the role that government has played in small business regulation, the contributors also make suggestions and recommendations concerning the role government should play in the future to spur small business growth and success. Review: ?Focusing on the role of small business in creating economic growth, 24 academics, a lawyer, and an accountant analyze the impact of a regulatory economy on this sector.

Contributors have researched and written on their specific areas, including books and articles based on original data. Topics they address in the 16 papers include entrepreneurship, regulation and compliance, taxes, exporting, productivity and technology, minority business, and social responsibility.

The resurgence of small business activity over the last 20 years and recognition of its importance and emphasized, while the restrictive effects of government policies are stressed. Two particularly interesting issues addressed are the concept of measuring total factor productivity and the need to make government regulation truly neutral.

The conclusions focus on the crucial role of small business for US competitiveness in a world economy and this sector's contribution to external economies of scale. Graphs, tables, chapter references, and a selected bibliography.?-Choice