3 ms·
It's worth pointing out that in many countries small companies under governance models as the ones listed make up a large portion (or even the majority) of the
by cycomanic 5y ago
It's worth pointing out that in many countries small companies under governance models as the ones listed make up a large portion (or even the majority) of the overall GDP. For example in Germany the "Mittelstand" employ 63.7% of all employ and contribute 54,4% of the total economic activity (sorry not sure how that is defined exactly) [1]. So saying they don't work at scale is not quite correct I'd argue, things are definitely more complicated.
[0] https://www.mittelstandsbund.de/themen/internationalisierung/themenschwerpunkt-mittelstand-in-europa/laenderinformationen/deutschland/ https://www.mittelstandsbund.de/themen/internationalisierung...