Economy of SME: Which Economic Reality

Abstract

This paper is about what is called usually SME (Small and medium-sized entreprises, thus including the very small companies). But it raises in preamble the question of the relevance, from an economic point of view, of this statistical category, defined, for example, like the companies employing less than 500 workers by the french statistical insitute (INSEE). It has the aim of providing a framework of analysis. It focuses on the comprehension of this form of organization in order to allow the construction of actions of transformation of the existing situations aiming at increasing the economic and social effectiveness, not only of the company itself but also of the territories in which it fits.

Note: Downloadable document is in French.

Keywords: evaluation, finance, organization

JEL Classification: A2, D2, D8, G2, G3, L2