Increasing small- and medium-enterprise contribution to local and regional economic growth by assessing the institutional environment

Purpose A neo-institutional methodology defines the entrepreneurial environment for SMEs as a multidimensional set of interacting formal/informal institutions influencing regional economic growth. Acknowledging the multidimensional nature of SME growth, this study tests an approach to measure SME institutional environment quality through the identification of regional-level determinants. Design/methodology/approach The method used in this paper...