ABSTRACT
Since the decline of mass production models in the 1970s, scholars and policy makers alike have debated over the forces that promote the creation of new firms (i.e., entrepreneurship) and the contribution of small- and medium-sized firms (SMEs) to growth and innovation. 1 Some analysts focused on the individual entrepreneur as arbitrageur and advocated the importance of policies that promoted the free movement of resources and market competition. Others focused mainly on the characteristics of interfirm networks that promoted resource sharing and cooperation. 2
