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ABSTRACT This paper investigates the role of the business size distribution on income and employment growth in U.S. counties from 1990 to 2000. We measure the business size distribution as the share of employees across nine establishment size categories that range from microfirms (one to four employees) to large firms (1,000+ employees) and using three indices similar to a Gini coefficient. Results show that the business size distribution has a significant impact on county-level growth patterns. Employment shares in small firms increase employment growth, but decrease income growth. One possible conclusion suggests policies emphasizing small firms and entrepreneurship during times of high unemployment. [ABSTRACT FROM AUTHOR]

The article focuses on the relation between vocational education and small and medium scale enterprises in solving unemployment and developing the economy in Nigeria. According to the author, the businesses are important in the nation because they create opportunities in the market, help in speeding up urbanisation of rural areas, and increase the balance of payment. It is also inferred that the education is vital in the businesses because it prepares young individuals for employment in the world of work by exposing them to job specifics and employability skills. He recommended the integration of both entrepreneurship and vocational education to provide opportunities to students to access their own attitudes, aptitudes and skills that are necessary for developing and running a business.