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The effects of age and number of employees on managerial activities: an exploratory study of West Midlands small firms in the Central Technology Belt
Author(s) -
Walker David S.,
Tobias Andrew M.
Publication year - 2006
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.751
Subject(s) - exploratory research , revenue , business , work (physics) , sample (material) , marketing , exploratory analysis , industrial organization , accounting , engineering , sociology , mechanical engineering , chemistry , chromatography , anthropology , computer science , data science
mall and Medium Sized Enterprises (SMEs) are widely recognized and acknowledged as vital and significant contributors to economic development. In many countries, the SME sector is a major source of employment, revenue generation, innovation and technological advancement. Its importance to economic development cannot be overemphasized. The UK is no exception. This exploratory study focuses on a sample of West Midlands‐based businesses that are located within the area known as the Central Technology Belt and examines the effect of the age and size of businesses (measured in number of employees) on their managerial capability. The work will contribute to a longitudinal study assessing the managerial capabilities of small businesses more widely. The data discussed in this paper is part of comprehensive ongoing research into SMEs in the Central Technology Belt of the UK and has been subjected by the authors to a range of parametric and non‐parametric statistical analyses.Copyright © 2006 John Wiley & Sons, Ltd.