Who creates jobs in developing countries?
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Almost all firms in developing countries have fewer than ten workers, with a modal size of one.
“Almost all firms in developing countries have fewer than ten workers , with a modal size of one.”
From Identifying and Spurring High-Growth Entrepreneurship: Experimental Evidence from a Business Plan Competition (2017) · cites this paper as [1]
In Nigeria, 99.6 percent of firms have fewer than ten workers.
“Likewise in Nigeria, survey data indicate that 99.6 percent of firms have fewer than ten workers.”
From Identifying and Spurring High-Growth Entrepreneurship: Experimental Evidence from a Business Plan Competition (2017) · cites this paper as [1]
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“…sole proprietorship business, 14.6% were limited liability company and 11.3% were involved in partnership business. this result is consistent with ayyagari et al. (2014) findings that, smes in developing countries such as ghana are deemed to be sole proprietorship. also, 12.3% of the respondents…”
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- Authors
- Ayyagari, M., Demirguc-Kunt, A., & Maksimovic, V.
- Affiliations
- George Washington University (US)
- University of Maryland, College Park (US)
- Corresponding author
- Ayyagari, Meghana
- Maksimovic, Vojislav
- Venue
- Small Business Economics
- Published
- 2014-02-27
- Volume
- 43
- Issue
- 1
- Pages
- 75-99
- ISSN
- 0921-898X (ISSN-L)
- 1573-0913
- OpenAlex
- W2054161423
- Cited by
- 300
- References
- 79
- Citations by year
- 2026: 22 · 2025: 24 · 2024: 19 · 2023: 33 · 2022: 27 · 2021: 43 · 2020: 31 · 2019: 31 · 2018: 12 · 2017: 26 · 2016: 16 · 2015: 8 · 2014: 6 · 2013: 2
- FWCI
- 46.42
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
- Locations
- Small Business Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- World Bank Group
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Firm Innovation and Growth
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Keywords
- job creation, small business, small and medium-sized enterprises, firm size, firm age, productivity growth, sales growth, developing countries, employment share
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