Providing the Necessary Economic Infrastructures for Small Businesses: Whose Responsibility?

Abstract

Sunday I. Owualah is a doctoral student in the faculty of busiens administration at Ritsumeikan University, Kyoto, Japan. He was previously a lecture in the Department of Finance at the University of Lagos, Nigeria. This paper asks what contemporary economies; what constitutes economic infrastures for small firms; and whose resposibility it is to provide them and to what extent they have been or are being provided in many countries.it finds that government has a responsibility to provide relevant economic infrastructure but suggests there is doubt whetehr actual implementation should also be theri direct responsiblity. it suggests that less developed countreis may have lost sight of theri own compartive advantage in harnessing the potenial of the small business sector and conclude that these countries can acheive no meaningful or balanced indurstrial and economic development without due consideration for theri smal business sector.