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Article

Small and medium-sized enterprise policy: Designed to fail?

Details

Citation

Wapshott R & Mallett O (2018) Small and medium-sized enterprise policy: Designed to fail?. Environment and Planning C: Politics and Space, 36 (4), pp. 750-772. https://doi.org/10.1177/2399654417719288

Abstract
Significant doubts persist over the effectiveness of government policy to increase the numbers or performance of small- and medium-sized enterprises in the UK economy. We analyse UK political manifestoes from 1964 to 2015 to examine the development of small and medium-sized enterprise policy in political discourse. We do this by analysing how the broadly defined category of ¡®small- and medium-sized enterprise¡¯ has been characterised in the manifestoes and assess these characterisations in relation to the empirical evidence base. We highlight three consistent themes in UK political manifestoes during 1964¨C2015 where small- and medium-sized enterprises have been characterised as having the potential for growth, struggling to access finance and being over-burdened by regulation. We argue that homogenising the broad range of businesses represented by the small- and medium-sized enterprise category and characterising them in these terms misrepresents them, undermining policies developed in relation to this mischaracterisation.

Keywords
SME; policy; growth; finance; regulation

Journal
Environment and Planning C: Politics and Space: Volume 36, Issue 4

StatusPublished
Funders
Publication date01/06/2018
Publication date online17/07/2017
Date accepted by journal12/06/2017
URL
PublisherSAGE Publications
ISSN2399-6544
eISSN2399-6552

People (1)

Professor Oliver Mallett

Professor Oliver Mallett

Professor of Entrepreneurship, Management, Work and Organisation

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