The performance of small and medium enterprises: An overview using the growth and performance survey

M Rogers

Research output: Preprint or Working paperWorking paper

Abstract

This paper provides an overview of the performance of small and medium private enterprises (SMEs) using the growth and Performance Survey. Three aspects of performance are considered: profitability, productivity and innovation. SMEs are defined as enterprises with less than 100 employees and their performance is contrasted with the performance of firms with more than 100 employees. Comparisons are made at the 2 digit ANZSIC level. SMEs as a group tend to have higher median profitability (than large firms) in manufacturing. SMEs tend have lower median labour productivity and higher median capital productivity than large firms. This reflects the fact that SMEs have lower capital to labour ratios. In addition, SMEs seem to rely more on leased capital.
Original languageEnglish
Place of PublicationAustalia
PublisherMelbourne Institute of Applied Economic and Social Research
Number of pages28
ISBN (Electronic)0 734 1452 X
Publication statusUnpublished - Jan 1999

Publication series

NameMelbourne Institute working paper
No.1/99
ISSN (Electronic)1328-4991

Keywords

  • performance
  • small and median enterprises
  • profitability
  • productivity
  • innovation

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