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Having almost three-quarters of the workforce employed in such businesses entrenches inequality, because on average they pay much less than large firms, use less-educated staff and are more likely to fail.
He said the M.I.T. technology, which is likely to cost far less than large computer-controlled industrial machines, might allow people in home workshops or in small businesses to take advantage of the benefits of precision machining.
Jonathan: Small and medium advertisers tend to cut their ad budgets less than large advertisers.
Large industrial and service firms, no less than large financial firms, could be deemed systemically important.
Estimation results show that small firm employees have a probability of taking absences for sickness of about 5.6 percentage points less than large firm employees (see column 1).
This prompts a number of issues, for example, because small and medium enterprises use other forms of protecting their innovations and patent less than large firms, due to potentially expensive patent litigations and patent theft (Thomä and Bizer 2013).
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While Magink billboards cost far less than large-scale video screens, they are not inexpensive, Mr. McConnell said.
A year ago I spoke at a London conference on wildlife poaching and stressed the importance of a concerted global effort against what is no less than large-scale organised crime.
Elting's original idea was to open a one-stop translation shop that charged less than larger competitors and operated mostly on referrals.
We also found inequalities in income with smaller practices serving more deprived populations earning less than larger practices serving more affluent populations.
For example, studies with small sample sizes that show high sensitivity are weighted less than larger studies showing less sensitivity, even though the actual number of criterion positive cases, and thus the 'opportunity' to demonstrate sensitivity might be the same.
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