Small Business in a Regulated Economy: Issues and Policy Implications

(Hardback)

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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.

Reviews

. . . On the whole, this book provides an excellent panorama of the issues in economic and public policy development that affect the small business sector . . .-Small Business Economics
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
It must be happening because academics are now studying it: trying to assess how the flurry of new policy activity that supports small business formation and growth is actually affecting it--and vica versa. In Small Business in a Regulated Economy: Issues and Policy Implications, edited by Richard J. Judd, William T. Greenwood, and Fred W. Becker, all from Sangamon State University, 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
." . . On the whole, this book provides an excellent panorama of the issues in economic and public policy development that affect the small business sector . . ."-Small Business Economics
"It must be happening because academics are now studying it: trying to assess how the flurry of new policy activity that supports small business formation and growth is actually affecting it--and vica versa. In Small Business in a Regulated Economy: Issues and Policy Implications, edited by Richard J. Judd, William T. Greenwood, and Fred W. Becker, all from Sangamon State University, 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
"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

Author Bio

RICHARD J. JUDD is Professor of Business Administration at Sangamon State University in Illinois. WILLIAM T. GREENWOOD is a private consultant and former Professor of Management at Sangamon State University. FRED W. BECKER is Associate Professor of Public Administration, also at Sangamon State University.