Micro and small business in Brazil: asymmetries and financial fragility Online publication date: Fri, 27-Dec-2013
by Maria Alejandra Caporale Madi
International Journal of Globalisation and Small Business (IJGSB), Vol. 5, No. 3, 2013
Abstract: Micro and small enterprises (MSEs) in Brazilian industrial manufacturing reveal a low capacity for innovation in products and management, poor performance in competitive environments and weak international orientation. Besides, the access to credit is restricted. In the aftermath of the global crisis, new flows of credit benefited bigger corporations in spite of the micro and small firms. In addition to their financial fragility, the strength of the domestic currency (real) enlarged the difficulties for successful entrepreneurs in industrial manufacturing. As a result of the competition with Chinese's products, small firms recorded a fall both in the domestic market share and in the volume of exports. In this setting, new investments under the management of private-equity funds have turned out to threaten the survival conditions of firms in the MSE sector. Considering this background, our attempt is to highlight the major challenges regarding management, innovation and financial asymmetries.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Globalisation and Small Business (IJGSB):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook