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CONTENTS
Toward an Age of Business Innovation and New Start-ups

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Introduction

Part 1. The small business sector in the midst of structural change


Chapter 1. The changing small business environment

Section 1 Long-term changes in the business environment

Section 2 Transformation of the dual structure of the economy and diversification of the small business sector


Chapter 2. The actual state and diversity of the small business sector

Section 1 The importance of the small business sector

Section 2 Productivity in the small business sector

Section 3 Wage and employment structure

Section 4 The pattern of financing in the small business sector

Section 5 Research and development in the small business sector


Chapter 3. Reasons for variation among SMEs

Section 1 Variation in business performance

Section 2 Causes of variation in business performance


Chapter 4. Corporate governance, corporate behavior and business performance in the small business sector

Section 1 SME governance structure

Section 2 The disciplining effects of the market

Section 3 Discipline exerted by interested parties

Section 4 Internal discipline

Section 5 Corporate structure and business efficiency


Chapter 5. Regional economies and SMEs

Section 1 SMEs and regional features

Section 2 Industrial agglomeration and its effects


Chapter 6. Long-term trends in the small business sector

Section 1 Start-up and closure trends

Section 2 Growth

Section 3 Changes in employment


Chapter 7. Start-up and subsequent business performance

Section 1 Trends in desire to establish a business and background factors

Section 2 Reasons for founding businesses and impediments to start-ups

Section 3 Causes of business success and failure

Section 4 The importance of the catalytic functions underlying entrepreneurial activity

Section 5 Problems after start-up



Part 2. Recent trends in the small business sector


Chapter 1. Business trends in the small business sector

Section 1 Business trends in the small business sector

Section 2 Management trends in the small business sector

Section 3 Trends in capital investment in the small business sector

Section 4 Employment trends


Chapter 2. The financing environment during recession

Section 1 Financing environment grows more severe

Section 2 Reasons for the deterioration of the financing environment and future outlook


Chapter 3. The global economy and the small business sector


Chapter 4. Challenges facing the small business sector and responses

Section 1 The spread of information technology

Section 2 The Y2K problem

Section 3 The response of the small business sector to deregulation


Conclusion:Toward an age of business innovation and new start-ups

The focus of small business policy in fiscal 1999
Fiscal 1998:Main features of the Government's small business policy

Supplementary tables