TY - JOUR
T1 - Technological progress by small and medium enterprises in Japan
AU - Urata, Shujiro
AU - Kawai, Hiroki
PY - 2002
Y1 - 2002
N2 - This paper examines various aspects of total factor productivity across different firm sizes in Japan. It shows that larger firms have higher total factor productivity levels and growth than smaller firms. There are, however, some exceptions to this pattern especially in the electric machinery sector where small firms tend to have the edge. The paper also finds that two distinctive characteristics of small and medium firms, the practice Practice of subcontracting and the use of external patents, are positively related to total factor productivity growth while the availability of subsidized public loans is not.
AB - This paper examines various aspects of total factor productivity across different firm sizes in Japan. It shows that larger firms have higher total factor productivity levels and growth than smaller firms. There are, however, some exceptions to this pattern especially in the electric machinery sector where small firms tend to have the edge. The paper also finds that two distinctive characteristics of small and medium firms, the practice Practice of subcontracting and the use of external patents, are positively related to total factor productivity growth while the availability of subsidized public loans is not.
UR - http://www.scopus.com/inward/record.url?scp=0036255360&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0036255360&partnerID=8YFLogxK
U2 - 10.1023/A:1015117509680
DO - 10.1023/A:1015117509680
M3 - Article
AN - SCOPUS:0036255360
SN - 0921-898X
VL - 18
SP - 53
EP - 67
JO - Small Business Economics
JF - Small Business Economics
IS - 1-3
ER -