Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - Institutet för Näringslivsforskning (IFN) - 2012
Many governments promote small businesses for the dual reasons of fostering ‘breakthrough’ innovations and employment … entrepreneurs market their product themselves. When innovations reduce only the fixed costs of production this leads to a …. When innovations reduce variable production costs, policies to promote small businesses may even be unambiguously harmful. …