Small Firms, Large Concerns

This book examines the development and significance of small businesses in North America, Europe, and Japan, emphasizing their role in economic stability. Small Firms, Large Concerns provides valuable insights.

In Small Firms, Large Concerns, G-7 researchers and scholars delve into the development of small businesses across North America, Europe, and Japan. The book explores the intricate relationship between economic growth and social stability, highlighting how small businesses serve as a bridge between larger corporations and the community. It also addresses the resilience and vulnerabilities inherent in small business management, shedding light on the challenges faced by these enterprises in a rapidly changing economic landscape.

The economic stagnation of the 1970s significantly altered public perceptions of small businesses within industrialized nations. Once viewed as minor players, these enterprises emerged as vital contributors to job creation, technological innovation, and community revitalization. The authors argue that despite their importance, small businesses often escape traditional quantitative analysis due to their complexity and diversity, leading to a lack of scholarly focus on their role in the broader economy.

Small Firms, Large Concerns is the third volume in a collaborative effort between Oxford University Press and the Business History Society of Japan. Under the guidance of esteemed editors, this series has provided a platform for international scholars for over two decades. The book not only enriches the existing literature but also emphasizes the need for a deeper understanding of small businesses in a global context.