Overview

The current global financial crisis and subsequent recession have jeopardized economic systems' financial and economic structure. Several important studies have addressed the origins and dynamics of the crisis, as well as possible solutions in terms of structure and oversight of financial systems and the role of fiscal policy. Yet, until now there has not been an in-depth analysis of the impact of the crisis on entrepreneurship and small and medium sized enterprises (SMEs), which have been identified as key for growth and development at the local level. This edited volume analyses and assesses the consequences of the international crisis on SMEs, asking how, to what extent and with which consequences the crisis has affected European SMEs, and what can be done at the institutional and political level to uphold them. The contributors consider such areas as SMEs start-ups, development, ability to innovate, growth and response to market changes. Moreover, the book identifies institutional frameworks and policy options capable of fostering resilience of SMEs. Drawing on a comparative approach, the book focuses on Europe, where the issue of SMEs' vulnerability and resilience to the current crisis is particularly compelling. The book takes an interdisciplinary approach, providing a theoretical and methodological framework which can be fruitfully employed in policy analysis and policy making, whilst also offering comparative empirical research to substantiate the analysis.

Full Product Details

Author:   Bruno Dallago (University of Trento, Italy) ,  Chiara Guglielmetti ,  Michele Rondinelli
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Dimensions:   Width: 15.60cm , Height: 2.30cm , Length: 23.40cm
Weight:   0.750kg
ISBN:  

9780415680851

ISBN 10:   0415680859
Pages:   304
Publication Date:   26 October 2012
Audience:   College/higher education ,  Postgraduate, Research & Scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Introduction Chiara Guglielmatti Part I: The Global Economic Crisis and Its Impacts on SMEs 1. The US Financial Crisis: A Long Day's Journey into Night Steven Rosefielde 2. The EU Crisis Seen from the Bottom: The Perspective of Vulnerable Economies on Eurozone Troubles Bruno Dallago and Chiara Guglielmetti 3. Financial Crises and Labour Markets: Comparative Evidences Marcello Signorelli 4. European Policis to Promote the Access to Finance of SMEs Elisabetta Pederzini Part II: SMEs' Vulnerability and Resilience 5. Vulnerable or Resilient? - SMEs and the Economic Crisis in the UK 6. Access to Finance, Access to Markets, Excess of Bureaucracy: The Three Problems of SME Development Andrej Rus 7. Polish and Hungarian SMEs Facing the Crisis Karoly Attila Soos 8. Riding the Economic Downturn: Cooperatives in Europe Michele Rondinelli and Anna Sarateanu Part III: SMEs and Local Development 9. Industrial Districts in Front of the Financial Crisis. Network Structure, Variety, Risk Sharing and Resilience Giulio Cainelli, Sandro Montressor and Giuseppe Vittucci Marzetti 10. Economic Structure, Reaction to the Crisis and Entrepreneurs' Expectations in a Mature Regional Economy: The Case of Lombardia Donatella Baiardi and Marco Percoco 11. Who are the Entrepreneurs that Help the Economy Emerge from Crisis?Ferran Vendrell-Herrero, José Luís González-Pernía and Iñaki Peña-Legazkue 12. Federal Grants for Local Development to Stop Economic Decline? Lessons from Germany Peter Haug and Martin T.W. Rosenfeld

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Author Information

Bruno Dallago is Professor of Economic Policy at the University of Trento, Italy Chiara Guglielmetti presently is post-doctoral fellow at the School on Local Development at the University of Trento. Michele Rondinelli is research fellow at the School on Local Development at the University of Trento.

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