The Promise of Small and Medium Enterprises

This is the third volume in a series of five books which bring together the results of intensive research on the national systems of innovation in the BRICS countries – Brazil, Russia, India, China, and South Africa. This book looks at the relationship between small and medium enterprises and the national systems of innovation in the BRICS countries. It brings to fore crucial issues in the evolution and future trends of industrial or innovation policies for small firms: their scope, applicability, co-ordination, and main results, as well as the influence of macroeconomic, legal and regulatory environments. Taking into account the specificities and complexities of SMEs’ production and innovation systems, it seeks to inform research, policy design and implementation in the field. Combining original and detailed data, this book is an invaluable resource for researchers and scholars in economics, development studies, and political science, as well as policymakers and development practitioners interested in the BRICS countries.

The editors

Ana Arroio is Manager of Innovation and Development, Federation of Industries of Rio de Janeiro State and Senior Research Associate, RedeSist, Federal University of Rio de Janeiro, Brazil.

Mario Scerri is Professor of Economics and Senior Research Fellow, Institute for Economic Research on Innovation, Tshwane University of Technology, South Africa.