logo
logo
Sign in

Breaking the Peter Pan Syndrome by Enabling Small Firms to Become Big

avatar
Aahana Ashi
Breaking the Peter Pan Syndrome by Enabling Small Firms to Become Big

In the context of firms, it can be understood as some businesses that remain small so that they don’t become large enough to follow many government regulations.

Economic Survey of India 2018-19 has highlighted this point in the Indian context by pointing out how some businesses, especially Micro, Small and Medium Enterprises (MSMEs) remain dwarfs and don’t want to be giants.

Small Firm – One which employs less than 100 employees

Large Firm – One which employs more than 100 employees

Dwarf Firm – One which employs less than 100 employees and more than 10 years old

The economic survey makes an interesting observation – while dwarfs account for more than half of all organized firms in manufacturing by number, their contribution to employment is only 14 per cent.

collect
0
avatar
Aahana Ashi
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more