ABSTRACT

The wide range of topics covered in the previous chapters does not fall clearly into neat academic categorisations such as ‘industrial economics’, ‘accounting’ or even ‘policy studies’. Clearly the material covered is closest to industrial economics but, judging from recent textbooks in this subject, such as Waterson (1984), or Clarke (1985), small firms are irrelevant to the discipline since in neither book is the topic explicitly refer­ enced.