Small and Medium Enterprises in Transitional Economies

ZOLTAN J. ACS Harry Y. Wright Professor, Department of Economics and Finance, Merrick School of Business, University of Baltimore, USALÀSZLÒ CSABA Department of International Relations and European Studies, The Central European University, Budapest, HungarySVETLANA P. GLINKINA Institute for International Economic and Political Studies, Moscow, RussiaGRZEGORZ W. KOLODKO Deputy Premier and Minister of Finance, PolandVADIM V. RADAEV Chair of Economic Sociology, Vice-Rector, The State University - Higher School of Economics, RussiaRICHARD SCASE Institute for Social and Economic Research, University of Essex, UKLAIXIANG SUN Centre for Financial and Management Studies (CeFiMS), SOAS, University of London, UK and International Institute for Applied System Analysis, Laxenburg, AustriaALEKSANDER SURDEJ Cracow University of Economics, PolandMILICA UVALIC Department of Economics, Faculty of Political Science, University of Perugia, Italy

• List of Tables and Figures List of Contributors Preface Acknowledgements List of Abbreviations and Acronyms Small Enterprises in Transition Economies: Causal Puzzles and Policy-Relevant Research; R.J.McIntyre The Historical Role of the SME Sector in Developing and Developed Capitalist States; Z.J.Acs The Complex Ecology of Small Enterprise Systems; R.J.McIntyre Small Business, Survival Strategies and the Shadow Economy; S.Glinkina Entrepreneurship and Proprietorship in Transition: Policy Implications for the SME Sector; R.Scase SME Development in Hungary: Legacy, Transition and Policy; B.Dallago SME Development in Poland: Policy and Sustainability; A.Surdej The Development of Small Entrepreneurship in Russia; V.Radaev Ownership Reform in the Absence of Crisis: China's Township, Village and Private Enterprises; L.Sun Transition to a Market and Entrepreneurship: Systemic Factors and Policy Options; G.W.Kolodko Privatization Approaches: Effects on SME Creation and Performance; M.Uvalic The Role of Financing in the Growth of the SME Sector: The Case of Hungary; L.Csaba Conclusions: The Role of Public Policy in SME Development; B.Dallago & R.J.McIntyre

'This informative collection surveys the emergence of small and medium-sized enterprises (SMEs) in transitional economies...the reader who delves further into the individual case studies will find a variety of experiences, which presents us with puzzles and invite further empirical testing...In sum, there is much to learn from these careful case studies.' - Judith Thornton, University of Washington, Europe-Asia Studies'...the editors Bruno Dallago and Robert McIntyre managed to mobilize several excellent specialists of the post socialist small business development with success. It became clear from the essays that the participants of this project had accumulated great knowledge of transitional economies and the development of the SME sector.' - Mihály Laki, Acta Oeconomica, Periodical of the Hungarian Academy of Sciences