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Training and small companies : some Scottish evidence

Hyman, J (1990) Training and small companies : some Scottish evidence. Quarterly Economic Commentary, 15 (4). pp. 61-65. ISSN 2046-5378

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Written off by the Bolton Report in 1971 as being in "terminal decline" small companies have subsequently enjoyed considerable changes in fortune. The valuable patronage of a Conservative Government has been extended to a small firm sector which represents to the Government a means of industrial regeneration, employment growth and a vehicle for promoting independence, individualism and dynamism. In short, the very essence of the "enterprise culture" would be found and reproduced in a thriving small firm sector. This paper discusses the Scottish situation regarding small companies.