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Understanding Ongoing Challenges in the Small Business Sector’s Access to External Finance Since Storey (1994): A Thirty-Year Retrospective

Javed Hussain, Jonathan M. Scott, Paul Jones Orcid Logo

Palgrave Studies in Entrepreneurship and Society, Pages: 217 - 237

Swansea University Author: Paul Jones Orcid Logo

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Abstract

The ongoing challenges to accessing external finance by the “small business sector” is longstanding. Yet, in the case of the United Kingdom (UK), it was formally documented in the inter-war period in 1930 (Storey in Understanding the Small Business Sector, Routledge, 1994a). Research prior to 1931 f...

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Published in: Palgrave Studies in Entrepreneurship and Society
ISBN: 9783031721892 9783031721908
ISSN: 3005-0405 3005-0413
Published: Cham Springer Nature Switzerland 2025
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa69171
Abstract: The ongoing challenges to accessing external finance by the “small business sector” is longstanding. Yet, in the case of the United Kingdom (UK), it was formally documented in the inter-war period in 1930 (Storey in Understanding the Small Business Sector, Routledge, 1994a). Research prior to 1931 found that small business creation, sustainability, and economic growth are critical; and that the small business sector offers macroeconomic stability and economic growth (Macmillan Report in Report of the Committee on Finance and Industry. Cmd. 3897, 1931).
College: School of Management
Start Page: 217
End Page: 237