© 2011

The Economics of Small Businesses

An International Perspective

  • Giorgio Calcagnini
  • Ilario Favaretto


  • Provides an international perspective on small businesses

  • Underlines characteristics and differences across countries and regions

  • Analyses the specifics of small business in the presence of financial market imperfections


Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages i-xxvi
  2. Small Businesses and Innovation: Analyses and Policies

  3. The Financing of Small – and Medium – Sized Firms

    1. Front Matter
      Pages 101-101
    2. Larry W. Chavis, Leora F. Klapper, Inessa Love
      Pages 115-132
    3. Chiara Bentivogli, Emidio Cocozza, Antonella Foglia, Simonetta Iannotti
      Pages 133-149
    4. Giorgio Calcagnini, Ilario Favaretto, Germana Giombini
      Pages 151-171
    5. Andrea Bellucci, Alexander Borisov, Alberto Zazzaro
      Pages 195-219

About this book


Is small still beautiful? The recent economic and financial crisis has shown that developed countries in which firms are smaller suffered the biggest GDP plunges. Today, economic growth depends more than in the past on sound and well-organized firms, which means more innovation, a better educated labor force, higher likelihood of access to financial resources and efficient investments. This does not mean the end of small-sized firms, but that they need to be different from the way they were in the past. This book provides an international perspective on analyses and policy recommendations for how small businesses can reinforce their role in modern economies.


Financial structure Firm-bank relationship Innovation Small Businesses

Editors and affiliations

  • Giorgio Calcagnini
    • 1
  • Ilario Favaretto
    • 2
  1. 1.Fac. Economia, Economics and Quantitative MethodsUniversità di UrbinoUrbinoItaly
  2. 2., Economics and Quantitative MethodsUniversità di Urbino "Carlo Bo"UrbinoItaly

About the editors

Giorgio Calcagnini is Professor of Economics at the University of Urbino, Italy, where he teaches courses and conducts applied research on investment, macro- and micro-economic theory, and the financial system. He was a researcher at ISCO and at the Confindustria, both in Rome. Ilario Favaretto is Professor of Regional Economics at the University of Urbino, Italy. His current research focuses on the role of small businesses adopting an international perspective and expecially focusing on European policies.

Bibliographic information

  • Book Title The Economics of Small Businesses
  • Book Subtitle An International Perspective
  • Editors Giorgio Calcagnini
    Ilario Favaretto
  • Series Title Contributions to Economics
  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 2011
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics Economics and Finance (R0)
  • Hardcover ISBN 978-3-7908-2622-7
  • Softcover ISBN 978-3-7908-2913-6
  • eBook ISBN 978-3-7908-2623-4
  • Series ISSN 1431-1933
  • Edition Number 1
  • Number of Pages XXVI, 219
  • Number of Illustrations 0 b/w illustrations, 0 illustrations in colour
  • Topics Economic Policy
    Regional/Spatial Science
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking