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Is small still beautiful?

— theme: Employment and socio-economic policies, Sustainable Enterprise/Value chain development
— country: Global
— type: Reports

There is a widely held view that, due to their shorter life span, SMEs do not generate many jobs, but according to the study, this is not true: 50 per cent of total employment creation comes from enterprises with less than 100 employees. Small and medium-sized enterprises (SMEs) play a key role in job creation, providing two thirds of all formal jobs in developing countries and up to 80 per cent in low income countries.

Author/Editor
Jan de Kok, Claudia Deijl, Christi Veldhuis-Van Essen, ILO, GIZ
Publishing Year
2013
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