JOURNAL OF MARKETING DEVELOPMENT AND COMPETITIVENESS
The Rise of Medium-Sized Enterprises in Europe Beyond the Dualistic
Model: Small vs. Large Firms
Author(s): Massimo Ciambotti, Paola Demartini, Federica Palazzi
Citation: Massimo Ciambotti, Paola Demartini, Federica Palazzi, (2012) "The Rise of Medium-Sized Enterprises in Europe Beyond the Dualistic Model: Small vs. Large Firms," Vol. 6, Iss. 3, pp. 83 - 94
Article Type: Research paper
Publisher: North American Business Press
The crucial issues raised by the MSEs include their relative efficiency in comparison with the overall economy, and their role in sustainability and long-term prospects for European countries and regions, which are based strongly on the presence of manufacturing MSEs. This paper, in particular, investigates the pre-existing relationship between the growth processes of medium-sized Italian family businesses and the corresponding financing policies they adopt. The survey reveals interesting variables that could explain the financial behavior of medium-sized enterprises: objectives, preferences, past experiences, the financial culture of the entrepreneur or entrepreneurial group, time and the characteristics of the development project.