Table of Contents
Title page
Copyright page
Preface
Acknowledgments
I History and Present Trends
1 Belittled: How Small Became Beautiful
2 Why Business Got Big: A Brief History
3 Understanding US Firm Size and Dynamics
II The Advantages of Size
4 The Bigger the Better: The Economics of Firm Size
5 Small Business Job Creation: Myth Versus Reality
6 The Myth of the Genius in the Garage: Big Innovation
7 Small Business in a Big World
III Politics and Policy
8 A Republic, If You Can Keep It: Big Business and Democracy
9 The Strange Career of Antitrust
10 Brandeis Is Back: The Fall and Rise of the Antimonopoly Tradition
11 Has Big Business Gotten Too Big?
12 Small Business Cronyism: Policies Favoring Small Business
13 Living with Giants
Index
List of Tables
Table 3.1 US industries with an average establishment size of three employees or fewer, 2012
Table 3.2 US industries with an average establishment size of more than 400 employees, 2012
List of Illustrations
Figure 3.1 Change in Average Firm Size by Industry, 1997–2012 (Employees)
Source:
US Census Bureau, Statistics of US Businesses Annual Data Tables 1997 and 2012, https://www.census.gov/programs-surveys/susb/data/tables.html.
Figure 3.2 Change in US Establishment Size by Industry, 1997–2012
Source:
US Small Business Administration, Firm Size Data (Detailed Industry Data), https://www.sba.gov/advocacy/firm-size-data (accessed March 10, 2017).
Figure 3.3 Trends in Average US Manufacturing Plant Size (Employment)
Source:
US Census Bureau, Statistical Abstracts of the United States (various years, 1900–1987), https://www.census.gov/library/publications/time-series/statistical_abstracts.html (accessed March 22, 2017); US Census Bureau, Economic Census: Manufacturing (various years, 1992–2007), https://www.census.gov/programs-surveys/economic-census/data/tables.html (accessed March 22, 2017).
Figure 3.4 Change in US Firm Entry and Exit
Source:
Ian Hathaway and Robert E. Litan, “Declining Business Dynamism in the United States: A Look at States and Metros,” Economic Studies at Brookings (Washington, DC: Brookings Institution, May 2014), https://www.brookings.edu/wp-content/uploads/2016/06/declining_business_dynamism_hathaway_litan.pdf.
Figure 5.1 Net Jobs Created by Firm Age, 2000–2013
Source:
US Census Bureau, Business Dynamics Statistics (Longitudinal Business Database, Firm Characteristics Data Tables, Firm Age by Firm Size, 1977 to 2014), https://www.census.gov/ces/dataproducts/bds/data_firm.html (accessed March 17, 2017).
Figure 6.1 US Business R&D by Firm Size
Source:
National Science Foundation, “Business Research and Development and Innovation: 2012,” NSF 16-301 (Arlington, VA: NSF, October 29, 2015) (Table 21. Percent of R&D by Firm Size), https://nsf.gov/statistics/2016/nsf16301/#chp2.
Figure 6.2 Ratio of Share of Large Firms to Share of Small Firms Introducing New Products, 2010–2012
Source:
OECD,
OECD Science, Technology and Industry Scoreboard 2015: Innovation for Growth and Society
(Paris: OECD Publishing, October 19, 2015) (Table 4.5.3. Firms Introducing Products New to the Market, by Firm Size, 2010–12, October 2015), http://dx.doi.org/10.1787/sti_scoreboard-2015-en.
Figure 7.1 Change in Average Firm Size in the United States and the EU-28
Sources:
US Small Business Administration, Firm Size Data (Table 1. Number of Firms, Establishments, Employment, and Payroll by Firm Size, State, and Industry) (database), https://www.sba.gov/advocacy/firm-size-data (accessed February 11, 2106); and Eurostat, Structural Business Statistics—Main Indicators (Number of Enterprises) (database), http://ec.europa.eu/eurostat/web/structural-business-statistics/data/database (accessed February 2, 2017).
Figure 7.2 Labor Productivity and Enterprise Size in the European Union, 2014
Source:
Eurostat, Structural Business Statistics Overview, Labor Productivity by Size of Enterprise (database), http://ec.europa.eu/eurostat/statistics-explained/index.php/Structural_business_statistics_overview.
Guide
Cover
Table of Contents