This article explains the emergence of a substantial‐sized small‐scale sector in an industry in which a number of large enterprises were already well established. The barrier normally set up by the requirements associated with large‐scale production was overcome by small enterprises practising vertical specialisation. The survival of the small‐scale sector was ensured by these units occupying the low‐quality, low‐price segment of the market and the large firms having access to more protected and lucrative markets.
No takes yet. Share an insight, caveat, or question.
Aftab et al. (1986) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: