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The objective of the study was to address key issues of small-sized firms' development to identify the reasons why many small enterprises are incapable of growth and to move into a medium-sized business. We present the concept of the Information Problem which is an indicator of the enterprise growth and at the same time an obstacle for its further development. We show that the prompt identification and solution of the problem would enable many small enterprises to increase the scale of operations and build efficient management systems.
E. Ya. Litau (Thu,) studied this question.
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