Growth Determinants of Micro-Businesses in Canada
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(131 KB, 55 pages)
Evangelia Papadaki and Bassima Chami
Small Business Branch
Industry Canada
July 2002
Acknowledgments
We thank Erwin Dreessen, Robert Dunlop, Nancy Graham and Christine Winiarz Searle of Industry Canada and Chris Worswick of the University of Ottawa for providing very helpful comments and suggestions on earlier drafts of this paper. We also thank David Halabisky for his timely research assistance in the later phase of the project and Patricia Normandeau for her invaluable help with editing. We are indebted to the members of the Small Business Research Advisory Committee, and in particular, Raffi Amit, Robert Beaudoin, Jamie Brunet, Gérald d'Amboise, Wendy Doyle, Terry Evers, Louis Jacques Filion, Bakr Ibrahim, Jay Krysler, Ted Mallet, Don Rumball and Ron Trépanier for providing very useful insights from the outset of this project, including the design of the survey on which this study is based. Any errors in this paper are the sole responsibility of the authors and any opinions expressed are those of the authors and not necessarily those of Industry Canada.
Table of Contents
II. Literature Review
- A. The Entrepreneur in Theories of the Firm
- B. Theories of Entrepreneurial Choice
- C. Theories of Stage of Development
III. Determinants of Small Firm Growth
- A. Owner-Manager Characteristics
- B. Business Practice Characteristics
- C. Firm Characteristics
IV. Data
V. Empirical Model
VI. Results
VII. Conclusions and Policy Implications
Table 1: Number of Firms and Median Growth Rates, by Industry, Region and Growth Outcome
Table 2: Definition of Variables
Table 3: Coefficient Estimates
Table 4: Tolerance Values
Bibliography
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