Are small firms less efficient?

Abstract

Technical efficiency, SMEs, Subcontract, Switching, Metafrontier, D24, L23, L25, L26,

Financial crisis and the relative productivity dynamics of the biotechnology industry: Evidence from the Asia-Pacific countries

“…This conforms to the findings of Yang and Chen (2009) and implies that, through learning over time, firms can lower their inefficiency effects. The figures for LDCs, as well as those for the overall region, were negatively correlated with the FA figures, although the correlation was not significant.…”

“…Considering the different internal and external environmental factors for the biotechnology firms in the Asia-Pacific region, we eventually se lected the following input environmental variables: firm age (FA); the number of l abourers employed by the first 50% of the firms in the group divided by the average number of labourers employed by all firms (IMES); the industry R&D intensity (IRDI), representing t he average annual R&D density of all firms; GDP, representing a country's total value of all factors of production; and the average population density (POP), obtained by dividing the total population of a country by its land area (Dietsch and Lozano-Vivas 2000;Staikouras et al 2008;Thoraneenitiyan and Avkiran 2009;Yang and Chen 2009). Using these variables, we could identify the factors affecting the inefficiency of the environmental variables.…”

Operational planning level of development in production enterprises in the machine building industry and its impact on the effectiveness of production

“…On the other hand, the analyses of results of the third hypothesis, show that companies with more complex production process types do not have better and more efficient operational planning. With regard to this, it can be concluded that there is no coherence between the result itself and the research by Yang and Chen (Yang & Chen, 2007). However, it must be emphasised that the coherence between the basic hypothesis of this article and previous research, point to the quality and credibility of the research.…”

“…As regards the interrelations between operational production planning and type of production process, according to Yang and Chen (Yang & Chen, 2007), the implementation of operational production planning procedure in some enterprises is achieved in easier and in others in a more difficult way. In the majority of enterprises with assembly line production type, the same product constantly passes through same working posts with capacities harmonised reciprocally.…”

Computer literacy and use of ICT as key factors of micro-enterprise success

“…Because of our previous experiences with micro enterprise owners [30] we offered them too chose among ranges of annual turnover instead to record precise annual turnover. We expected that annual turnover [13], [28] will depend upon characteristic of business [29], [16], [19] characteristics of the…”