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Productivity growth in Japan, as in most advanced economies, has moderated. This paper finds supportive evidence for the important role of small and medium-sized enterprises (SMEs) in explaining Japan’s modest productivity growth. Results show a substantial dispersion in firm-level productivity growth across sectors and even across firms within the same sector. SMEs, on average, exhibit lower productivity growth than non-SMEs in Japan, with smaller and older SMEs showing particularly low productivity growth. Estimates suggest that boosting productivity growth in all of the worst-performing SMEs could improve overall productivity growth by up to 1.8 percentage points. The SME credit guarantee system, SME financing constraints, demographic factors, and lack of intangible capital investment are discussed as contributors to the slow productivity growth of Japan’s small and old SMEs.

Industrial productivity --- Corporate Finance --- Investments: General --- Production and Operations Management --- Macroeconomics: Production --- Human Capital --- Skills --- Occupational Choice --- Labor Productivity --- Corporate Finance and Governance: General --- Investment --- Capital --- Intangible Capital --- Capacity --- Macroeconomics --- Ownership & organization of enterprises --- Productivity --- Labor productivity --- Small and medium enterprises --- Intangible capital --- Production --- Economic sectors --- National accounts --- Small business --- Saving and investment --- Japan

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The paper discusses the role the financial sector can play in supporting growth in Japan. While overall credit conditions have been accommodative, credit growth has remained weak, especially for small and medium-sized enterprises (SMEs). Firm-level SME data and sectoral corporate balance sheets show that many SMEs have faced structural challenges of high leverage and low profitability. Moreover, the global financial crisis has weakened the financial position across SMEs, particularly for those with low credit worthiness. These challenges are closely related to low availability of riskcapital and the pervasiveness of credit support measures. This paper argues that to encourage the supply of risk-based capital, costly government support measures should be phased out and SME restructuring be accelerated. Efforts are also needed to deepen capital markets to enhance risk capital availability and address regulatory barriers to starting businesses. In that regard, addressing SMEweaknesses would improve private investment, enhance firm productivity, and lift growth.

Finance --- Business & Economics --- Financial Management & Planning --- Small business --- Business enterprises --- E-books --- Banks and Banking --- Corporate Finance --- Macroeconomics --- Money and Monetary Policy --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financing Policy --- Financial Risk and Risk Management --- Capital and Ownership Structure --- Value of Firms --- Goodwill --- Financial Crises --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Corporate Finance and Governance: General --- Monetary economics --- Economic & financial crises & disasters --- Financial services law & regulation --- Ownership & organization of enterprises --- Banking --- Credit --- Global financial crisis of 2008-2009 --- Credit risk --- Small and medium enterprises --- Money --- Financial crises --- Financial regulation and supervision --- Economic sectors --- Bank credit --- Global Financial Crisis, 2008-2009 --- Financial risk management --- Banks and banking --- Japan --- Finance.

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regional development --- regional economics --- economic geography --- tourism economics --- small and medium enterprises --- natural resources economics --- Economics --- Economic development --- Economic development. --- Economics. --- Indonesia. --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economic theory --- Political economy --- Social sciences --- Economic man --- Dutch East Indies --- Endonèsie --- Indanezii͡ --- Indoneshia --- Indoneshia Kyōwakoku --- Indonesi --- Indonesya --- Indonezia --- Indonezii͡ --- Indonezija --- İndoneziya --- İndoneziya Respublikası --- Indūnīsīy --- Induonezėj --- Jumhūrīyah Indūnīsīy --- PDRI --- Pemerintah Darurat Republik Indonesia --- R.I. --- Republic of Indonesia --- Republic of the United States of Indonesia --- Republica d'Indonesia --- Republiek van Indonesi --- Republik Indonesia --- Republik Indonesia Serikat --- Republika Indonezii͡ --- Republika Indonezija --- Rėspublika Indanezii͡ --- RI --- United States of Indonesia --- Yinni --- Indonesia --- Dutch East Indies (Territory under Japanese occupation, 1942-1945) --- Indanezii︠a︡ --- Indonesië --- Indonezii︠a︡ --- Indūnīsīyā --- Induonezėjė --- Jumhūrīyah Indūnīsīyā --- Republiek van Indonesië --- Republika Indonezii︠a︡ --- Rėspublika Indanezii︠a︡

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In light of the considerable impact of global food supply chains on climate change, more sustainable ways of producing, distributing, and consuming food appear critical for sustainable development. With the aim of contributing to this topic, this Special Issue on sustainable food consumption and food marketing addresses various relevant issues related to food consumption, including innovative and sustainable forms of food production and consumption, animal welfare and meat consumption, price transmission, social media communication, alternative food production, and organic agriculture, among others. As such, this Special Issue sheds light on more sustainable and carbon-friendly food production and consumption systems from various angles. It delivers valuable scientific evidence for the transformation of current carbon-based food supply chains to more eco-friendly, fair, and future-oriented food supply chains.

aquaponics --- Structural Equation Modeling --- consumer behavior --- purchase intention --- willingness to pay --- sustainability --- food market --- veganic --- vegan-organic --- vegan --- stockless --- attitudes --- environmental marketing --- green product --- green consumer --- green purchase decision --- consumer behaviour --- theory of planned behaviour --- sustainable consumption --- Bangladesh --- out-of-home catering --- sustainable nutrition --- variety seeking --- spontaneous choice --- company canteens --- trust --- social media --- small and medium enterprises --- Bresse Gauloise --- choice experiment --- dual-purpose breeds --- faba beans --- Kollbecksmoor --- theory of planned behavior --- Vorwerkhuhn --- White Rock --- green products --- palm oil free --- structural equation modeling --- SEM --- sustainable food consumption --- food waste --- theoretical framework --- food tourism --- community-based tourism --- sustainable development --- community engagement --- rural development --- food heritage --- carbon-friendly food --- emotions --- animal welfare --- cured ham --- discrete choice experiment --- latent construct model --- market instability --- nonlinear empirical dynamics --- n/a

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This open access book focuses on Switzerland-based medium-sized companies with a longstanding export tradition and a proven dominance in global niche markets. Based upon in-depth documentation and analysis of 36 Swiss companies over their entire history, an expert team of authors presents several parallels in the pathways and success factors which allowed these firms to become dominant and operate from a high-cost location such as Switzerland. The book enhances these insights by providing detailed company profiles documenting the company history, development, and how their relevant global niche positions were reached. Readers will benefit from these profiles as they compile a diverse selection of industries, mainly active within the B2B sector, with mostly mature companies (60 years to older than 100 years since founding) and different types of ownership structures including family firms. ‘Masterpieces of Swiss Entrepreneurship’ brings unique learning opportunities to owners and leaders of SMEs in Switzerland and elsewhere. Findings are based on detailed bottom-up research of 36 companies -- without any preconceived notions. The book is both conceptual and practical. It fosters understanding for different choices in development pathways and management practices. Matti Alahuhta, Chairman DevCo Partners, ex-CEO Kone, Board member of several global listed companies, Helsinki, Finland Start-up entrepreneurs need proven models from industry which demonstrate the various paths to success. “Masterpieces of Swiss Entrepreneurship” provides deep insights highlighting these models and the important trade-offs entrepreneurial teams must consider when choosing the path of high growth or of maximum control, as they are often mutually exclusive. Gina Domanig, Managing Partner, Emerald Technology Ventures, Zurich ;

Klein- und Mittelbetrieb --- Unternehmenserfolg --- Entrepreneurship --- Schweiz --- Business Strategy/Leadership --- Family Business --- International Business --- Management --- Open access book --- Competitiveness of Swiss SMEs --- Export strategies of swiss companies --- SME export strategy --- Swiss family enterprises --- Swiss founders and entrepreneurs --- B2B market leaders in Switzerland --- Management field research --- Stakeholder management --- Innovation and intellectual property in Switzerland --- Leveraging competencies --- Cost competitiveness --- Quality engineering --- Business strategy --- Small businesses & self-employed --- Business & Management --- Unternehmertum --- Unternehmer --- Wirtschaftliches Verhalten --- Unternehmensgründung --- Unternehmerverhalten --- Unternehmen --- Erfolg --- Unternehmensergebnis --- Kleinbetrieb --- Kleinunternehmen --- Mittelbetrieb --- Mittelständischer Betrieb --- Mittelständisches Unternehmen --- Mittelstand --- SME --- KMU --- Kleines und Mittleres Unternehmen --- Small and Medium Enterprises --- Small Business --- Kleine Aktiengesellschaft --- Kleinstbetrieb --- Suisse --- Switzerland --- Helvetia --- Helvetien --- Eidgenossenschaft --- Svizzera --- Confédération Suisse --- Confederazione Helvetica --- Confederazione Federale --- Confédération Helvétique --- Confederaziun Svizra --- Svájci Hozzájárulás --- Svizzra --- Schweizerische Eidgenossenschaft --- Confederazione Svizzera --- Confoederatio Helvetica --- Swiss Confederation --- Svizra --- Suiza --- Confederación helvética --- Confédération helvétique --- Confederazione elvetica --- Confédération suisse --- Confederazione helvetica --- Helvetische Republik --- Schweytzerlandt --- Schweytz --- Schweitz --- Schweizer-Land --- Eydgenoschafft --- Eydgnosschaft --- Eydgnossschafft --- Eydgnoßschafft --- Eydgenossenschafft --- Eidgnossschafft --- Helvetische Eidgenossschaft --- Hélvetie --- Schwiz --- Switz --- Corpus helveticum --- Schweizer --- Klein- und Mittelbetrieb. --- Unternehmenserfolg. --- Entrepreneurship. --- Schweiz.