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Sector Variations in SMEs’ Use of External Business Advice

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  • D.J. Webber
  • S. Johnson
  • S. Fargher

Abstract

This paper uses employer survey data to identify whether and why the probability that a firm uses external advice varies across sectors. The results suggest that the probability of a firm using external advice does vary across sectors and these sector differences can be explained by differences in inherent problems, managerial aspirations and location. Policy makers should not be sector-blind when encouraging firms to use external advice.

Suggested Citation

  • D.J. Webber & S. Johnson & S. Fargher, 2010. "Sector Variations in SMEs’ Use of External Business Advice," Local Economy, London South Bank University, vol. 25(4), pages 339-355, June.
    • Handle: RePEc:sae:loceco:v:25:y:2010:i:4:p:339-355
    DOI: 10.1080/02690942.2010.498959
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    References listed on IDEAS

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