Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs)

Sophie Reboud, Thierry Serboff, Herve Goy, Timothy Mazzarol, Delwyn Clark

Research output: Chapter in Book/Conference paperConference paper

Abstract

The importance of small to medium enterprises (SMEs) in national economies is widely recognised. These companies represent the overwhelming majority of all businesses in most countries and play a key role in job creation and economic growth (Ayyagari, Beck, & Demirgüç-Kunt, 2003; OECD, 2010b). In this paper we define SMEs using the European Commission definition which identifies them as autonomous firms with less than 250 employees, annual turnover of below €50 million and assets of less than €43 million (OECD, 2004). Using this definition SMEs account for 99% of all enterprises in OECD countries, about 97% of all enterprises in APEC countries and 99.8% of the non-financial sector EU-27 in 2015 (European Commission, 2015). SMEs are also major contributors to employment and employment growth, which has made the SME sector an interest for governments since the publication of Birch (1979). Throughout the world governments have created services and organisations specifically responsible for developing policies and programs to support SMEs (Birch, 1987). Yet despite the importance of SMEs, relatively little attention has been given to them in the mainstream management literature in comparison to large companies.
Original languageEnglish
Title of host publicationBeyond Silicon Valley: Moving towards a contextualized view of entrepreneurship
Subtitle of host publicationRencontres de St-Gallen 2018
EditorsThomas Zellweger, Urs Fueglistaller, Isabella Hatak, Thierry Volery
Number of pages20
Publication statusPublished - 3 Sep 2018
EventRencontres de St-Gall 2018 - University of St. Gallen, St. Gallen, Switzerland
Duration: 3 Sep 20185 Sep 2018
https://kmu.unisg.ch/en/forschung-und-publikationen/rencontres-de-st-gall

Conference

ConferenceRencontres de St-Gall 2018
CountrySwitzerland
CitySt. Gallen
Period3/09/185/09/18
Internet address

Fingerprint

Gazelle
Dichotomy
Business model
Silicon Valley
Small and medium-sized enterprises
Government
European Commission
Turnover
Employment growth
Economic growth
Large companies
OECD countries
National economy
Assets
Employees
Job creation

Cite this

Reboud, S., Serboff, T., Goy, H., Mazzarol, T., & Clark, D. (2018). Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs). In T. Zellweger, U. Fueglistaller, I. Hatak, & T. Volery (Eds.), Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship: Rencontres de St-Gallen 2018
Reboud, Sophie ; Serboff, Thierry ; Goy, Herve ; Mazzarol, Timothy ; Clark, Delwyn. / Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs). Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship: Rencontres de St-Gallen 2018. editor / Thomas Zellweger ; Urs Fueglistaller ; Isabella Hatak ; Thierry Volery. 2018.
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abstract = "The importance of small to medium enterprises (SMEs) in national economies is widely recognised. These companies represent the overwhelming majority of all businesses in most countries and play a key role in job creation and economic growth (Ayyagari, Beck, & Demirg{\"u}{\cc}-Kunt, 2003; OECD, 2010b). In this paper we define SMEs using the European Commission definition which identifies them as autonomous firms with less than 250 employees, annual turnover of below €50 million and assets of less than €43 million (OECD, 2004). Using this definition SMEs account for 99{\%} of all enterprises in OECD countries, about 97{\%} of all enterprises in APEC countries and 99.8{\%} of the non-financial sector EU-27 in 2015 (European Commission, 2015). SMEs are also major contributors to employment and employment growth, which has made the SME sector an interest for governments since the publication of Birch (1979). Throughout the world governments have created services and organisations specifically responsible for developing policies and programs to support SMEs (Birch, 1987). Yet despite the importance of SMEs, relatively little attention has been given to them in the mainstream management literature in comparison to large companies.",
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Reboud, S, Serboff, T, Goy, H, Mazzarol, T & Clark, D 2018, Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs). in T Zellweger, U Fueglistaller, I Hatak & T Volery (eds), Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship: Rencontres de St-Gallen 2018. Rencontres de St-Gall 2018, St. Gallen, Switzerland, 3/09/18.

Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs). / Reboud, Sophie; Serboff, Thierry; Goy, Herve; Mazzarol, Timothy; Clark, Delwyn.

Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship: Rencontres de St-Gallen 2018. ed. / Thomas Zellweger; Urs Fueglistaller; Isabella Hatak; Thierry Volery. 2018.

Research output: Chapter in Book/Conference paperConference paper

TY - GEN

T1 - Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs)

AU - Reboud, Sophie

AU - Serboff, Thierry

AU - Goy, Herve

AU - Mazzarol, Timothy

AU - Clark, Delwyn

PY - 2018/9/3

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N2 - The importance of small to medium enterprises (SMEs) in national economies is widely recognised. These companies represent the overwhelming majority of all businesses in most countries and play a key role in job creation and economic growth (Ayyagari, Beck, & Demirgüç-Kunt, 2003; OECD, 2010b). In this paper we define SMEs using the European Commission definition which identifies them as autonomous firms with less than 250 employees, annual turnover of below €50 million and assets of less than €43 million (OECD, 2004). Using this definition SMEs account for 99% of all enterprises in OECD countries, about 97% of all enterprises in APEC countries and 99.8% of the non-financial sector EU-27 in 2015 (European Commission, 2015). SMEs are also major contributors to employment and employment growth, which has made the SME sector an interest for governments since the publication of Birch (1979). Throughout the world governments have created services and organisations specifically responsible for developing policies and programs to support SMEs (Birch, 1987). Yet despite the importance of SMEs, relatively little attention has been given to them in the mainstream management literature in comparison to large companies.

AB - The importance of small to medium enterprises (SMEs) in national economies is widely recognised. These companies represent the overwhelming majority of all businesses in most countries and play a key role in job creation and economic growth (Ayyagari, Beck, & Demirgüç-Kunt, 2003; OECD, 2010b). In this paper we define SMEs using the European Commission definition which identifies them as autonomous firms with less than 250 employees, annual turnover of below €50 million and assets of less than €43 million (OECD, 2004). Using this definition SMEs account for 99% of all enterprises in OECD countries, about 97% of all enterprises in APEC countries and 99.8% of the non-financial sector EU-27 in 2015 (European Commission, 2015). SMEs are also major contributors to employment and employment growth, which has made the SME sector an interest for governments since the publication of Birch (1979). Throughout the world governments have created services and organisations specifically responsible for developing policies and programs to support SMEs (Birch, 1987). Yet despite the importance of SMEs, relatively little attention has been given to them in the mainstream management literature in comparison to large companies.

KW - small business

KW - Taxonomy

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UR - https://kmu.unisg.ch/en/forschung-und-publikationen/rencontres-de-st-gall

M3 - Conference paper

BT - Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship

A2 - Zellweger, Thomas

A2 - Fueglistaller, Urs

A2 - Hatak, Isabella

A2 - Volery, Thierry

ER -

Reboud S, Serboff T, Goy H, Mazzarol T, Clark D. Exploring the diversity of SMEs: a taxonomic approach in a French Region as a way to avoid the dichotomy Gazelles / Muppets (or "Silicon Valley Business Model" and the rest of SMEs). In Zellweger T, Fueglistaller U, Hatak I, Volery T, editors, Beyond Silicon Valley: Moving towards a contextualized view of entrepreneurship: Rencontres de St-Gallen 2018. 2018