Mighty oaks from little acorns: Can microenterprise serve as the seedbed of industrialization?
研究了微型企业如何通过毕业机制和储蓄机制促进工业化，分析了企业层面和宏观政策对这两种机制的障碍，并重新审视了相关政策。
How can microenterprises foster the development of an industrial sector featuring a dynamic medium or large enterprise sector? We propose two possible mechanisms, graduation of microenterprises and savings by microentrepreneurs. We examine the barriers to both mechanisms and reexamine policies designed to aid the sector. Projects aimed at the enterprise level are not likely to remove barriers to firms graduating or saving. Changes in macro policy may have a positive effect. Reforms of the legal and regulatory environment may be very important, and should be rethought with the mechanisms of the seedbed role specifically in mind.