A considerable body of literature has emerged in recent years that has documented the increasing importance of innovative practices in small business firms within the United Kingdom. Much of this literature has developed in response to reports that UK firms were underperforming in the area of...

In the 1950s the plethora of existing business cycle theories gave way to a Keynesian-type theory based on Hicks' (1950) book. However, the first two expositions of Keynesian-type business cycle theory had no direct influence on Hicks' model. This paper examines the business cycle theories of...