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      Regional development policy and small medium enterprise financial performance

      Locke, Stuart
      Link
       www.anzrsai.org
      Citation
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      Locke, S. (2006). Regional development policy and small medium enterprise financial performance. Australasian Journal of Regional Studies, 12(2), 191-204.
      Permanent Research Commons link: https://hdl.handle.net/10289/994
      Abstract
      This paper reports on an investigation into the potential to use the

      financial ratios of New Zealand small businesses to discriminate their location as an aid in

      the accurate targeting of regional economic development programs. To the extent that

      there are clearly identifiable differences in performance and financial structure for urban

      and rural firms this could be significant for small business policy development and the

      efficient implementation of strategies. An expanded awareness of the role of small

      business in employment generation and sustainable economic growth has resulted in more

      government attention being directed toward the sector. As government becomes more

      active in working for and with small business it is important that scarce resources should

      not be wasted but directed toward gaining the best pay-off. The paper discusses the data

      sources, the statistical testing, the results, and the interpretation of the findings and finally

      a range of policy implications.
      Date
      2006
      Type
      Journal Article
      Publisher
      Regional Science Association
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      • Management Papers [1161]
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