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Evaluating the effect of soft business support upon small firm performance

机译：评估软业务支持对小企业绩效的影响

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The paper applies robust econometric techniques to assess the impact of publicly- provided subsidised 'soft' business support on the performance of small and medium-size enterprises (SMEs). It considers the assistance for consultancy advice provided towards marketing under the UK Enterprise Initiative, look in at its effect on sales turnover, employment and survival, and making explicit allowance for selection effects. It is found that the policy has no impact on the survival of smaller SMEs, and that it is most effective in the mid-range SMEs, where it raises survival rates by about 4/100 over the longer run and growth rates in surviving firms by up to 10/100 per anum. Overall, the scheme has a substantial impact, but the paper draws attention to the Possible displacement effects.
机译：本文采用了强大的计量经济学技术来评估公共提供的补贴“软”业务支持对中小企业（SME）绩效的影响。它考虑了英国企业计划下针对营销提供的咨询建议的帮助，研究了其对销售营业额，就业和生存的​​影响，并明确考虑了选择效应。结果发现，该政策对小型中小企业的生存没有影响，并且对中型中小企业最为有效，与长期生存的企业相比，该战略将生存率提高了4/100左右，而存活下来的企业的增长率则高达每年高达10/100。总体而言，该方案具有重大影响，但本文提请注意可能的位移效应。

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