Analysis of Growth Stages in Small Firms: A Case Study of Automobile Ancillaries in India

摘要

Small and medium-size enterprises (SMEs) in India play an important role in generating employment and creating economic wealth. Literature on small and medium-size enterprises suggests that these firms exhibit a different growth orientation than do large firms. This arti- cle studies the automobile ancillary firms in a common industrial cluster in India in order to develop a framework for un- derstanding the growth orientation of small firms.